Cedar GroveHousing market

Cedar Grove

Cedar Grove Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

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.

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*

12 active

New

11(+175.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 4, in 2023: 1, in 2022: 1

Total Sold Listings*

- sold

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: 3, in 2023: 0, in 2022: 0

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Cedar Grove - All types

Sold Price Distribution - Cedar Grove - All types

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

Property Type Distribution - Cedar Grove - All types

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

Median Price - Cedar Grove - All types

Just listed - Cedar Grove

Living room with furniture, unknown for 53 Carneros Way #Way, Markham Ontario L6B 1R2

Re-listed 11 days ago

$•••,•••

Up to10K Cashback

53 Carneros Way #Way, Markham

Townhouse431500-2000 sq ft

Listed by RE/MAX REALTRON REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 123 Luzon Ave, Markham Ontario L6B 1N8

17 days on market

$•••,•••

Up to14K Cashback

123 Luzon Ave, Markham

Townhouse333000-3500 sq ft

Listed by ROYAL LEPAGE CITIZEN REALTY

Home with brick exterior material, street for 43 Bernbridge Rd, Markham Ontario L6B 0S3

20 days on market

Up to16K Cashback

43 Bernbridge Rd, Markham

Detached432500-3000 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Just sold - Cedar Grove

Bedroom with bed, unknown for 105 Carneros Way, Markham Ontario L6B 1R2

Sold 13 days ago

Sold for $950,000

$33K below asking

105 Carneros Way, Markham

Townhouse3+131500-2000 sq ft

Listed by CENTURY 21 ATRIA REALTY INC.

Home with brick exterior material, unknown for 30 Sissons Way, Markham Ontario L6B 1R2

Sold 18 days ago

Sold for $1,100,000

$45K below asking

30 Sissons Way, Markham

Townhouse442000-2500 sq ft

Listed by FIRST CLASS REALTY INC.

A pic from exterior of the house or condo for 1 Sissons Way, Markham Ontario L6B 1R2

Sold 88 days ago

Sold for $1,150,000

$10K below asking

1 Sissons Way, Markham

Townhouse442000-2500 sq ft

Listed by BAY STREET GROUP INC.

Population and Demographics

Overview

Total population 7327

Average household income $153,118

Age (%)

0 to 19

29%

35 to 49

23%

50 to 64

19%

20 to 34

18%

65 and plus

11%

Household composition (%)

Single family

87%

Single person

8%

Multi family

3%

Multi person

2%

Mother tongue (%)

English

40%

Tamil

20%

Yue (Cantonese)

9%

Urdu

6%

Mandarin

6%

Gujarati

4%

Punjabi (Panjabi)

3%

Tagalog (Pilipino, Filipino)

2%

Hindi

2%

Others

0%

House tenancy (%)

Owners

87%

Renters

13%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

1/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance