Pine Valley Business Park
Pine Valley Business Park

Pine Valley Business Park Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

12

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.

44

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*

141

New

89(+36.92% YoY)

Relisted

2(- YoY)

Compared to number of active, same period, in 2024: 83, in 2023: 24, in 2022: 50

Total Sold Listings*

12

Median Sold Price

$545,500

Avg Days on Market

44 days

Median Bidding

-$19,000

Compared to number of sold, same period, in 2024: 22, in 2023: 25, in 2022: 28

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Pine Valley Business Park - All types

Sold vs Active vs New vs Relisted - Pine Valley Business Park - All types

Sold Price Distribution - Pine Valley Business Park - All types

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

Property Type Distribution - Pine Valley Business Park - All types

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

Median Price - Pine Valley Business Park - All types

Population and Demographics

Overview

Total population 3016
Average household income $131,088

Age (%)

20 to 34
24%
65 and plus
21%
50 to 64
19%
0 to 19
18%
35 to 49
17%

Household composition (%)

Single family
67%
Single person
26%
Multi person
5%
Multi family
2%

Mother tongue (%)

English
51%
Italian
20%
Others
5%
Spanish
5%
Vietnamese
3%
Punjabi (Panjabi)
2%
Russian
2%
Portuguese
2%
Mandarin
1%
Tamil
1%

House tenancy (%)

Owners
70%
Renters
30%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast 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

3/5

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