Langstaff
Langstaff

Langstaff Housing Market Report

Balanced Market

All types - for the month of February

Buyer's market Seller's market

5

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.

83

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*

105

New

53(+12.77% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 55, in 2023: 40, in 2022: 29

Total Sold Listings*

23

Median Sold Price

$550,000

Avg Days on Market

83 days

Median Bidding

-$10,000

Compared to number of sold, same period, in 2024: 25, in 2023: 29, in 2022: 58

*Data is for the month of February

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

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

Sold Price Distribution - Langstaff - All types

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

Property Type Distribution - Langstaff - All types

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

Median Price - Langstaff - All types

Population and Demographics

Overview

Total population 16619
Average household income $115,926

Age (%)

35 to 49
22%
50 to 64
22%
20 to 34
21%
0 to 19
18%
65 and plus
16%

Household composition (%)

Single family
67%
Single person
29%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
33%
Yue (Cantonese)
16%
Iranian Persian
14%
Mandarin
14%
Korean
6%
Russian
5%
Persian (Farsi)
3%
Spanish
2%
Italian
2%
Others
1%

House tenancy (%)

Owners
72%
Renters
28%

Top 2 Schools in Langstaff

St John Paul II Catholic Elementary School155 Red Maple Rd, L4B 4P9, Richmond Hill, ON
9.4/10
Public•JK-8
Red Maple Public School155 Red Maple Rd, L4B 4P9, Richmond Hill, ON
7.6/10
Public•JK-8

Transportation

Car Friendly

5/5

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

3/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

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