The Annex
The Annex

The Annex Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

7

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 +3 months indicates a buyers's market, where homes are selling slowly and there are more homes than available buyers.

31

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*

62

New

34(-2.86% YoY)

Relisted

2(- YoY)

Compared to number of active, same period, in 2024: 51, in 2023: 45, in 2022: 23

Total Sold Listings*

9

Median Sold Price

$1,300,000

Avg Days on Market

31 days

Median Bidding

-$55,000

Compared to number of sold, same period, in 2024: 11, in 2023: 14, in 2022: 15

*Data is for the month of February

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

Sold vs Active vs New vs Relisted - The Annex - All types

Sold Price Distribution - The Annex - All types

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

Property Type Distribution - The Annex - All types

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

Median Price - The Annex - All types

Population and Demographics

Overview

Total population 15854
Average household income $252,489

Age (%)

20 to 34
33%
65 and plus
20%
35 to 49
20%
50 to 64
17%
0 to 19
10%

Household composition (%)

Single person
53%
Single family
38%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
79%
Mandarin
3%
Spanish
3%
French
3%
Others
3%
Yue (Cantonese)
2%
Korean
1%
Portuguese
1%
Russian
1%

House tenancy (%)

Renters
68%
Owners
32%

Top 1 School in The Annex

Huron Street Junior Public School541 Huron St, M5R 2R6, Toronto, ON
7.2/10
Public•JK-6

Transportation

Car Friendly

2/5

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

5/5

Several grocery stores nearby

Nightlife

4/5

Variety of bars within walking distance

Shopping

5/5

Wide variety of shops within a few minutes' walk

Restaurants

5/5

Variety of restaurants within a few minutes' walk