Neighborhood of Newmarket
Neighborhood of Newmarket

Neighborhood of Newmarket Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

5

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

18

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*

278

New

211(+25.60% YoY)

Relisted

13(0% YoY)

Compared to number of active, same period, in 2024: 169, in 2023: 98, in 2022: 151

Total Sold Listings*

51

Median Sold Price

$1,030,000

Avg Days on Market

18 days

Median Bidding

-$10,000

Compared to number of sold, same period, in 2024: 115, in 2023: 119, in 2022: 152

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Neighborhood of Newmarket - All types

Sold vs Active vs New vs Relisted - Neighborhood of Newmarket - All types

Sold Price Distribution - Neighborhood of Newmarket - All types

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

Property Type Distribution - Neighborhood of Newmarket - All types

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

Median Price - Neighborhood of Newmarket - All types

Just listed - Neighborhood of Newmarket

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Just sold - Neighborhood of Newmarket

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Population and Demographics

Overview

Total population 83920
Average household income $141,299

Age (%)

0 to 19
23%
50 to 64
23%
35 to 49
21%
20 to 34
18%
65 and plus
16%

Household composition (%)

Single family
75%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Iranian Persian
5%
Mandarin
5%
Others
4%
Russian
3%
Yue (Cantonese)
3%
Spanish
1%
Italian
1%

House tenancy (%)

Owners
75%
Renters
25%

Top 5 Schools in Neighborhood of Newmarket

Newmarket High School505 Pickering Cres, L3Y 8H1, Newmarket, ON
8/10
Public9-12
Alexander Muir Public School75 Ford Wilson Blvd, L3X 3G1, Newmarket, ON
7.6/10
PublicJK-8
Clearmeadow Public School200 Clearmeadow Blvd, L3X 2E4, Newmarket, ON
7.6/10
PublicJK-8
St Paul Catholic Elementary School140 William Roe Blvd, L3Y 1B2, Newmarket, ON
7.5/10
PublicJK-8
Bogart Public School855 College Manor Dr, L3Y 8G7, Newmarket, ON
7.3/10
PublicJK-8