The Danforth
The Danforth

The Danforth Housing Market Report

Strong Seller's Market

All types - for the month of February

Buyer's market Seller's market

2

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.

22

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*

42

New

41(+24.24% YoY)

Relisted

2(-33.33% YoY)

Compared to number of active, same period, in 2024: 29, in 2023: 35, in 2022: 11

Total Sold Listings*

22

Median Sold Price

$1,209,813

Avg Days on Market

22 days

Median Bidding

-$15,949

Compared to number of sold, same period, in 2024: 16, in 2023: 20, in 2022: 17

*Data is for the month of February

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

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

Sold Price Distribution - The Danforth - All types

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

Property Type Distribution - The Danforth - All types

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

Median Price - The Danforth - All types

Population and Demographics

Overview

Total population 26286
Average household income $164,787

Age (%)

35 to 49
25%
0 to 19
22%
50 to 64
20%
20 to 34
18%
65 and plus
15%

Household composition (%)

Single family
61%
Single person
33%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
78%
Yue (Cantonese)
4%
Others
4%
Greek
3%
French
2%
Spanish
2%
Italian
1%
Mandarin
1%

House tenancy (%)

Owners
62%
Renters
38%

Top 4 Schools in The Danforth

Jackman Avenue Junior Public School79 Jackman Ave, M4K 2X5, Toronto, ON
7.9/10
Public•JK-6
Wilkinson Junior Public School53 Donlands Ave, M4J 3N7, Toronto, ON
7.7/10
Public•JK-6
Earl Haig Public School15 Earl Haig Ave, M4C 1E2, Toronto, ON
6.8/10
Public•JK-8
St Brigid Catholic School50 Woodmount Ave, M4C 3X9, Toronto, ON
5.5/10
Public•JK-8

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

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

3/5

Some cafés within walking distance

Groceries

5/5

At least one grocery store within a few minutes' walk

Nightlife

2/5

Some bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

4/5

Variety of restaurants within walking distance