Victoria SquareHousing market

Victoria Square

Victoria Square Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

4

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.

9

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*

18 active

New

16(+23.08% YoY)

Relisted

3(0% YoY)

Compared to number of active, same period, in 2024: 14, in 2023: 5, in 2022: 9

Total Sold Listings*

5 sold

Median Sold Price

$1,443,000

Avg Days on Market

9 days

Median Bidding

$114,800

Compared to number of sold, same period, in 2024: 10, in 2023: 5, in 2022: 13

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Victoria Square - All types

Sold Price Distribution - Victoria Square - All types

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

Property Type Distribution - Victoria Square - All types

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

Median Price - Victoria Square - All types

Just listed - Victoria Square

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 24 Earnshaw Dr, Markham Ontario L6C 0E4

2 days on market

Up to21K Cashback

24 Earnshaw Dr, Markham

Detached443000-3500 sq ft

Listed by HOMELIFE GOLD PACIFIC REALTY INC.

Home with brick exterior material, street for 10605 Victoria Square Blvd, Markham Ontario L6C 0N7

3 days on market

Up to39K Cashback

10605 Victoria Square Blvd, Markham

Detached5+183500-5000 sq ft

Listed by RE/MAX REALTRON LUCKY PENNY HOMES REALTY

Home with brick exterior material, street for 43 Walter Scott Cres, Markham Ontario L6C 0E6

3 days on market

Up to12K Cashback

43 Walter Scott Cres, Markham

Townhouse441500-2000 sq ft

Listed by RE/MAX HALLMARK REALTY LTD.

Just sold - Victoria Square

Home with brick exterior material, street for 19 Duke Of Cornwall Dr, Markham Ontario L6C 0L3

Sold 5 days ago

Sold for $2,122,888

$235K above asking

19 Duke Of Cornwall Dr, Markham

Detached553000-3500 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Living room with furniture, unknown for 18 Colonel George Mclar Dr, Markham Ontario L6C 0L2

Sold 11 days ago

Sold for $1,820,000

$78K below asking

18 Colonel George Mclar Dr, Markham

Detached442500-3000 sq ft

Listed by BLUE WHALE CAPITAL REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 10607 Victoria Square Blvd, Markham Ontario L6C 1J1

Sold 20 days ago

Sold for $1,450,000

$38K below asking

10607 Victoria Square Blvd, Markham

Detached321100-1500 sq ft

Listed by EXP REALTY

Population and Demographics

Overview

Total population 5129

Average household income $149,019

Age (%)

0 to 19

27%

35 to 49

27%

50 to 64

17%

20 to 34

16%

65 and plus

13%

Household composition (%)

Single family

82%

Single person

13%

Multi person

3%

Multi family

2%

Mother tongue (%)

Yue (Cantonese)

41%

English

28%

Mandarin

17%

Others

3%

Iranian Persian

1%

Korean

1%

House tenancy (%)

Owners

82%

Renters

18%

Top 1 School in Victoria Square

Victoria Square Public School50 Prince Of Wales Drive, L6C 0K2, Markham, ON

7.2/10

Public•JK-8

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

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

1/5

Few or no restaurants within walking distance