SummerhillHousing market

Summerhill

Summerhill Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

5

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

13

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

15 active

New

5(-54.55% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 16, in 2023: 13, in 2022: 4

Total Sold Listings*

3 sold

Median Sold Price

$1,885,000

Avg Days on Market

13 days

Median Bidding

-$49,000

Compared to number of sold, same period, in 2024: 2, in 2023: 2, in 2022: 7

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Summerhill - All types

Sold vs Active vs New vs Relisted - Summerhill - All types

Sold Price Distribution - Summerhill - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Summerhill - All types

Property type distribution based on data from the last 3 months.

Median Price - Summerhill - All types

Just listed - Summerhill

Indoor foyer for 285 Avenue Rd #304, Toronto Ontario M5R 2J2

1 day on market

Up to18K Cashback

285 Avenue Rd #304, Toronto

Condo231200-1399 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Home with brick exterior material, street for 71 Alcorn Ave, Toronto Ontario M4V 1E5

2 days on market

Up to22K Cashback

71 Alcorn Ave, Toronto

Semi-Detached3+141500-2000 sq ft

Listed by CHESTNUT PARK REAL ESTATE LIMITED

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 285 Avenue Rd #502, Toronto Ontario M4V 2G8

Re-listed 6 days ago

$•••,•••

Up to37K Cashback

285 Avenue Rd #502, Toronto

Condo2+131800-1999 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Just sold - Summerhill

Home with brick exterior material, street for 121 Birch Ave, Toronto Ontario M4V 1E3

Sold 14 days ago

Sold for $2,045,000

$5K below asking

121 Birch Ave, Toronto

Semi-Detached321100-1500 sq ft

Listed by RE/MAX WEST REALTY INC.

Living room with furniture, unknown for 285 Avenue Rd #801, Toronto Ontario M4V 2G8

Sold 34 days ago

Sold for $2,100,000

$300K below asking

285 Avenue Rd #801, Toronto

Condo231800-1999 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM

Living room with furniture, unknown for 70 Shaftesbury Ave #TH 11, Toronto Ontario M4T 1A3

Sold 35 days ago

Sold for $1,650,000

$49K below asking

70 Shaftesbury Ave #TH 11, Toronto

Condo2+131200-1399 sq ft

Listed by CHESTNUT PARK REAL ESTATE LIMITED

Population and Demographics

Overview

Total population 2830

Average household income $376,736

Age (%)

65 and plus

31%

50 to 64

20%

35 to 49

18%

20 to 34

18%

0 to 19

13%

Household composition (%)

Single person

49%

Single family

48%

Multi person

3%

Multi family

0%

Mother tongue (%)

English

86%

Others

3%

French

2%

Spanish

2%

German

1%

Italian

1%

Yue (Cantonese)

1%

House tenancy (%)

Owners

54%

Renters

46%

Top 1 School in Summerhill

Cottingham Junior Public School85 Birch Ave, M4V 1E3, Toronto, ON

10/10

Public•JK-6

Transportation

Car Friendly

3/5

Some arteries nearby, but traffic congestion and parking problems are likely

Pedestrian Friendly

5/5

All day-to-day needs are within walking distance

Transit Friendly

5/5

Near a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

5/5

Variety of cafés within a few minutes' walk

Groceries

4/5

At least one grocery store within a few minutes' walk

Nightlife

3/5

Some bars within walking distance

Shopping

5/5

Wide variety of shops within a few minutes' walk

Restaurants

4/5

Variety of restaurants within a few minutes' walk