CornellHousing market

Cornell

Cornell Housing Market Report

Balanced Market

All types - for the month of February

Buyer's market Seller's market

4

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.

27

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*

60 active

New

37(+2.78% YoY)

Relisted

1(0% YoY)

Compared to number of active, same period, in 2024: 40, in 2023: 15, in 2022: 30

Total Sold Listings*

17 sold

Median Sold Price

$1,188,200

Avg Days on Market

27 days

Median Bidding

-$14,000

Compared to number of sold, same period, in 2024: 21, in 2023: 26, in 2022: 30

*Data is for the month of February

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

Sold vs Active vs New vs Relisted - Cornell - All types

Sold Price Distribution - Cornell - All types

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

Property Type Distribution - Cornell - All types

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

Median Price - Cornell - All types

Just listed - Cornell

Home with brick exterior material, street for 553 Riverlands Ave, Markham Ontario L6B 0V3

23 hours on market

Up to16K Cashback

553 Riverlands Ave, Markham

Detached4+352500-3000 sq ft

Listed by RE/MAX EXCEL REALTY LTD.

Home with brick exterior material, street for 12 Silverdale Rd, Markham Ontario L6B 0N5

23 hours on market

Up to12K Cashback

12 Silverdale Rd, Markham

Detached3+24- sq ft

Listed by FOREST HILL REAL ESTATE INC.

Home with brick exterior material, street for 72 Autumn Glow Dr, Markham Ontario L6B 0P6

1 day on market

Up to15K Cashback

72 Autumn Glow Dr, Markham

Detached442000-2500 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Just sold - Cornell

Home with brick exterior material for 42 The Barley Lea St, Markham Ontario 00000

Sold 4 days ago

Sold for $1,250,000

$150K below asking

42 The Barley Lea St, Markham

Detached33- sq ft

Listed by SPECTRUM REALTY SERVICES INC.

Home with brick exterior material, street for 2 Glendennan Ave, Markham Ontario L6B 1C7

Sold 8 days ago

Sold for $1,408,000

$67K below asking

2 Glendennan Ave, Markham

Detached4+14- sq ft

Listed by SUTTON GROUP-HERITAGE REALTY INC.

Home with brick exterior material, street for 190 Morning Dove Dr, Markham Ontario L6B 1L9

Sold 8 days ago

Sold for $1,402,000

$114K above asking

190 Morning Dove Dr, Markham

Detached4+13- sq ft

Listed by CENTURY 21 ATRIA REALTY INC.

Population and Demographics

Overview

Total population 16296

Average household income $144,851

Age (%)

0 to 19

27%

35 to 49

25%

50 to 64

18%

20 to 34

17%

65 and plus

13%

Household composition (%)

Single family

82%

Single person

14%

Multi person

3%

Multi family

1%

Mother tongue (%)

English

51%

Yue (Cantonese)

20%

Mandarin

8%

Tamil

5%

Tagalog (Pilipino, Filipino)

2%

Urdu

2%

Others

2%

Spanish

1%

Gujarati

1%

House tenancy (%)

Owners

83%

Renters

17%

Top 5 Schools in Cornell

Bill Hogarth Secondary School100 Donald Sim Ave, L6B 0R4, Markham, ON

8.7/10

Public•9-12

Rouge Park Public School568 Riverlands Avenue, L6B 0Y1, Markham, ON

8.2/10

Public•JK-8

Black Walnut Public School30 John Allan Cameron Street, L6B 0P4, Markham, ON

8.1/10

Public•JK-8

Little Rouge Public School571 Country Glen Road, L6B 1E8, Markham, ON

6.8/10

Public•JK-8

Cornell Village Public School186 Country Glen Rd, L6B 1B5, Markham, ON

6.3/10

Public•JK-8

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

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

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance