JeffersonHousing market

Jefferson

Jefferson Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

9

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.

24

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*

68 active

New

44(+100.00% YoY)

Relisted

2(- YoY)

Compared to number of active, same period, in 2024: 27, in 2023: 12, in 2022: 28

Total Sold Listings*

8 sold

Median Sold Price

$1,686,500

Avg Days on Market

24 days

Median Bidding

$9,600

Compared to number of sold, same period, in 2024: 12, in 2023: 18, in 2022: 20

*Data is for the month of February

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

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

Sold Price Distribution - Jefferson - All types

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

Property Type Distribution - Jefferson - All types

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

Median Price - Jefferson - All types

Just listed - Jefferson

trreb/IMG-N12047293_1.jpg

1 day on market

Up to12K Cashback

75 Paper Mills Cres, Richmond Hill

Townhouse3+24- sq ft

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Home with brick exterior material, street for 16 Windrow St, Richmond Hill Ontario L4E 0B6

1 day on market

Up to12K Cashback

16 Windrow St, Richmond Hill

Townhouse4+141500-2000 sq ft

Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY

Unknown for 54 Stookes Cres, Richmond Hill Ontario L4E 0J4

2 days on market

Up to11K Cashback

54 Stookes Cres, Richmond Hill

Townhouse331500-2000 sq ft

Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA

Just sold - Jefferson

Home with brick exterior material, street for 38 Port Arthur Cres, Richmond Hill Ontario L4E 1B5

Sold 4 days ago

Sold for $1,295,000

$34K below asking

38 Port Arthur Cres, Richmond Hill

Townhouse442000-2500 sq ft

Listed by SKYLAND REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 29 Township Ave, Richmond Hill Ontario L4E 0J6

Sold 15 days ago

Sold for $1,580,000

$30K below asking

29 Township Ave, Richmond Hill

Detached43- sq ft

Listed by ROYAL LEPAGE REALTY PLUS

Home with brick exterior material, street for 93 Shirrick Dr, Richmond Hill Ontario L4E 0B7

Sold 16 days ago

Sold for $1,220,000

$21K above asking

93 Shirrick Dr, Richmond Hill

Townhouse3+141500-2000 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Population and Demographics

Overview

Total population 15174

Average household income $157,246

Age (%)

0 to 19

27%

35 to 49

23%

50 to 64

23%

20 to 34

16%

65 and plus

10%

Household composition (%)

Single family

88%

Single person

8%

Multi family

2%

Multi person

2%

Mother tongue (%)

English

37%

Mandarin

22%

Yue (Cantonese)

11%

Iranian Persian

10%

Russian

5%

Korean

3%

Arabic

2%

Italian

2%

Others

2%

House tenancy (%)

Owners

89%

Renters

11%

Top 3 Schools in Jefferson

St Marguerite d'Youville Catholic Elementary School121 Rollinghill Rd, L4E 4L2, Richmond Hill, ON

8/10

Public•JK-8

MacLeod's Landing Public School195 Silver Maple Rd, L4E 4Z1, Richmond Hill, ON

7.2/10

Public•JK-8

Moraine Hills Public School85 Rollinghill Rd, L4E 4C7, Richmond Hill, ON

6.7/10

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

2/5

At least one grocery store within a 30-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

2/5

Some restaurants within walking distance