PattersonHousing market

Patterson

Patterson Housing Market Report

Seller's Market

All types - for the month of February

Buyer's market Seller's market

3

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.

35

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 active

New

94(+6.82% YoY)

Relisted

4(- YoY)

Compared to number of active, same period, in 2024: 75, in 2023: 47, in 2022: 76

Total Sold Listings*

35 sold

Median Sold Price

$1,575,000

Avg Days on Market

35 days

Median Bidding

$999

Compared to number of sold, same period, in 2024: 51, in 2023: 46, in 2022: 82

*Data is for the month of February

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

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

Sold Price Distribution - Patterson - All types

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

Property Type Distribution - Patterson - All types

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

Median Price - Patterson - All types

Just listed - Patterson

Home with brick exterior material, street for 298 Lauderdale Dr, Vaughan Ontario L6A 0N7

1 day on market

Up to14K Cashback

298 Lauderdale Dr, Vaughan

Semi-Detached3+141500-2000 sq ft

Listed by KELLER WILLIAMS REALTY CENTRES

Home with brick exterior material, street for 37 Balsamwood Rd, Vaughan Ontario L4J 9E2

1 day on market

Up to15K Cashback

37 Balsamwood Rd, Vaughan

Detached432000-2500 sq ft

Listed by VILENSKY REALTY

Home with brick exterior material, street for 46 Arianna Cres, Vaughan Ontario L6A 4Z9

2 days on market

Up to15K Cashback

46 Arianna Cres, Vaughan

Townhouse3+142000-2500 sq ft

Listed by REAL BROKER ONTARIO LTD.

Just sold - Patterson

Home with brick exterior material, street for 43 Chopin Blvd, Vaughan Ontario L4J 8Y6

Sold for $2,495,000

$73K below asking

43 Chopin Blvd, Vaughan

Detached4+15- sq ft

Listed by FOREST HILL REAL ESTATE INC.

Home with brick exterior material, street for 171 Coltrane Dr, Vaughan Ontario L4J 9B3

Sold 2 days ago

Sold for $1,865,018

$177K above asking

171 Coltrane Dr, Vaughan

Detached4+25- sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Home with brick exterior material, street for 40 Mosswood Rd, Vaughan Ontario L4J 9E1

Sold 3 days ago

Sold for $1,435,000

$47K above asking

40 Mosswood Rd, Vaughan

Semi-Detached3+14- sq ft

Listed by VILENSKY REALTY

Population and Demographics

Overview

Total population 50646

Average household income $176,986

Age (%)

0 to 19

29%

35 to 49

25%

50 to 64

20%

20 to 34

15%

65 and plus

10%

Household composition (%)

Single family

87%

Single person

10%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

46%

Russian

16%

Mandarin

11%

Yue (Cantonese)

5%

Iranian Persian

4%

Hebrew

4%

Korean

3%

Others

2%

Italian

2%

House tenancy (%)

Owners

89%

Renters

11%

Top 5 Schools in Patterson

Dr Roberta Bondar Public School401 Grand Trunk Avenue, L6A 0T4, Maple, ON

8.5/10

Public•JK-8

St Cecilia Catholic Elementary School300 Peter Rupert Avenue, L6A 4P3, Maple, ON

8.2/10

Public•JK-8

Viola Desmond Public School25 Farrell Road, L6A 4W7, Maple, ON

8.1/10

Public•JK-8

Stephen Lewis Secondary School555 Autumn Hill Blvd, L4J 8X2, Thornhill, ON

8/10

Public•9-12

Carrville Mills Public School270 Apple Blossom Drive, L4J 8W5, Thornhill, ON

7.9/10

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

Some cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance