Wallace Emerson
Wallace Emerson

Wallace Emerson Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

6

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.

10

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*

29

New

20(-31.03% YoY)

Relisted

2(+100.00% YoY)

Compared to number of active, same period, in 2024: 34, in 2023: 20, in 2022: 5

Total Sold Listings*

5

Median Sold Price

$640,000

Avg Days on Market

10 days

Median Bidding

-

Compared to number of sold, same period, in 2024: 14, in 2023: 10, in 2022: 21

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Wallace Emerson - All types

Sold Price Distribution - Wallace Emerson - All types

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

Property Type Distribution - Wallace Emerson - All types

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

Median Price - Wallace Emerson - All types

Population and Demographics

Overview

Total population 9151
Average household income $125,166

Age (%)

20 to 34
28%
35 to 49
26%
50 to 64
17%
0 to 19
15%
65 and plus
14%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
1%

Mother tongue (%)

English
63%
Portuguese
15%
Spanish
5%
Yue (Cantonese)
3%
Italian
2%
Vietnamese
2%
French
2%
Others
2%
Mandarin
2%

House tenancy (%)

Renters
50%
Owners
50%

Top 2 Schools in Wallace Emerson

St Sebastian Catholic School717 Brock Ave, M6H 3P1, Toronto, ON
10/10
Public•JK-8
Pauline Junior Public School100 Pauline Ave, M6H 3M8, Toronto, ON
7/10
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

4/5

Variety of cafés within walking distance

Groceries

5/5

Several grocery stores nearby

Nightlife

3/5

Some bars within walking distance

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

4/5

Variety of restaurants within walking distance