Summerhill
Summerhill

Summerhill Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

5

Days of inventory (DOI)*

DOI 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 DOI of 0-3 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

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

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

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