Corman
Corman

Corman Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

10

Months of inventory (MOI)*

MOI 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 MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

32

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*

10

New

9(+800.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 0, in 2023: 2, in 2022: 0

Total Sold Listings*

1

Median Sold Price

$715,000

Avg Days on Market

32 days

Median Bidding

-$24,900

Compared to number of sold, same period, in 2024: 2, in 2023: 6, in 2022: 3

*Data is for the month of March

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

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

Sold Price Distribution - Corman - All types

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

Property Type Distribution - Corman - All types

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

Median Price - Corman - All types

Just sold - Corman

View all

Population and Demographics

Overview

Total population 1663
Average household income $89,842

Age (%)

65 and plus
28%
50 to 64
21%
0 to 19
17%
20 to 34
17%
35 to 49
16%

Household composition (%)

Single family
50%
Single person
45%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
72%
Serbian
11%
Italian
3%
Croatian
3%
Others
2%
Polish
2%
Spanish
2%
French
1%

House tenancy (%)

Renters
51%
Owners
49%

Top 2 Schools in Corman

Glendale Secondary School145 Rainbow Drive, L8K 4G1, Hamilton, ON
4.2/10
Public9-12
Viola Desmond Elementary School Public School50 Secord Drive, L8K 3W7, Hamilton, ON
3.3/10
PublicJK-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast 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

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