DoncrestHousing market

Doncrest

Doncrest Housing Market Report

Buyer's Market

All types - for the month of February

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.

39

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*

40 active

New

19(+35.71% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 21, in 2023: 9, in 2022: 5

Total Sold Listings*

7 sold

Median Sold Price

$1,820,000

Avg Days on Market

39 days

Median Bidding

-$48,000

Compared to number of sold, same period, in 2024: 9, in 2023: 7, in 2022: 17

*Data is for the month of February

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

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

Sold Price Distribution - Doncrest - All types

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

Property Type Distribution - Doncrest - All types

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

Median Price - Doncrest - All types

Just listed - Doncrest

Home with brick exterior material, street for 382 Highway 7 Highway #TH15, Richmond Hill Ontario L4B 0C5

20 hours on market

Up to14K Cashback

382 Highway 7 Highway #TH15, Richmond Hill

Condo342000-2249 sq ft

Listed by HARBOUR KEVIN LIN HOMES

Home with brick exterior material, street for 6 Mcgurran Lane, Richmond Hill Ontario L4B 0G8

1 day on market

Up to15K Cashback

6 Mcgurran Lane, Richmond Hill

Semi-Detached442500-3000 sq ft

Listed by HOMELIFE LANDMARK RH REALTY

Living room with furniture, wood/laminate floor for 372 Highway 7 N/A #PH17, Richmond Hill Ontario L4B 0C4

1 day on market

Up to9K Cashback

372 Highway 7 N/A #PH17, Richmond Hill

Condo3+131000-1199 sq ft

Listed by FIRST CLASS REALTY INC.

Just sold - Doncrest

Home with brick exterior material, street for 37 Compton Cres, Richmond Hill Ontario L4B 3E9

Sold for $1,850,000

$88K below asking

37 Compton Cres, Richmond Hill

Detached4+353000-3500 sq ft

Listed by SUPERSTARS REALTY LTD.

Home with brick exterior material, street for 154 Blackmore Ave, Richmond Hill Ontario L4B 3Z2

Sold 5 days ago

Sold for $2,050,000

$351K above asking

154 Blackmore Ave, Richmond Hill

Detached5+253500-5000 sq ft

Listed by HOMELIFE LANDMARK RH REALTY

Unknown for 376 Highway 7 N/A #507, Richmond Hill Ontario L4B 0C7

Sold 8 days ago

Sold for $530,000

$13K below asking

376 Highway 7 N/A #507, Richmond Hill

Condo11500-599 sq ft

Listed by LANDPOWER REAL ESTATE LTD.

Population and Demographics

Overview

Total population 8905

Average household income $139,560

Age (%)

65 and plus

24%

50 to 64

23%

20 to 34

20%

35 to 49

17%

0 to 19

16%

Household composition (%)

Single family

75%

Single person

20%

Multi person

3%

Multi family

1%

Mother tongue (%)

Yue (Cantonese)

30%

English

27%

Mandarin

21%

Iranian Persian

9%

Others

4%

Korean

3%

Arabic

1%

House tenancy (%)

Owners

82%

Renters

18%

Top 2 Schools in Doncrest

Doncrest Public School124 Blackmore Ave, L4B 2B1, Richmond Hill, ON

9.2/10

Public•JK-8

Christ the King Catholic Elementary School329 Valleymede Dr, L4B 2E1, Richmond Hill, ON

8.6/10

Public•JK-8

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

3/5

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

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance