ColborneHousing market

Colborne

Colborne Housing Market Report

Balanced Market

All types - for the month of April

Buyer's market Seller's market

4

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 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

6

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*

8 active

New

2(-66.67% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 7, in 2023: 0, in 2022: 2

Total Sold Listings*

2 sold

Median Sold Price

$1,137,475

Avg Days on Market

6 days

Median Bidding

$63,000

Compared to number of sold, same period, in 2024: 1, in 2023: 3, in 2022: 5

*Data is for the month of April

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

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

Sold Price Distribution - Colborne - All types

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

Property Type Distribution - Colborne - All types

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

Median Price - Colborne - All types

Just listed - Colborne

Home with brick exterior material, street for 24 Peel St, Hamilton Ontario L9H 2Z9

57 days on market

$•••,•••

Up to14K Cashback

24 Peel St, Hamilton

Detached332000-2500 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 397 King St #207, Hamilton Ontario L9H 1W9

97 days on market

$•••,•••

Up to3K Cashback

397 King St #207, Hamilton

Condo11700-799 sq ft

Listed by Coldwell Banker Community Professionals, Brokerage

Unknown for 397 King St #205, Dundas Ontario L9H 1W9

110 days on market

$•••,•••

Up to7K Cashback

397 King St #205, Dundas

Condo11903 sq ft

Listed by RE/MAX Escarpment Realty Inc.

Just sold - Colborne

Home with vinyl exterior material, street for 55 Brydale Crt, Dundas Ontario L9H 7R9

Sold 25 days ago

Sold for $1,499,950

55 Brydale Crt, Dundas

Detached44+13028 sq ft

Listed by Com/Choice Realty

Living room with furniture, unknown for 23 Brock St, Hamilton Ontario L9H 3A6

Sold 37 days ago

Sold for $775,000

$126K above asking

23 Brock St, Hamilton

Semi-Detached221100-1500 sq ft

Listed by RIGHT AT HOME REALTY

Unknown for 2 Bond St, Hamilton Ontario L9H 3A8

Sold 56 days ago

Sold for $670,000

$30K below asking

2 Bond St, Hamilton

Detached2+22700-1100 sq ft

Listed by Century 21 Miller Real Estate Ltd.

Unknown for 315 Park St, Hamilton Ontario L9H 1Z1

Sold 101 days ago

Sold for $1,800,000

$200K below asking

315 Park St, Hamilton

Detached53- sq ft

Listed by JUDY MARSALES REAL ESTATE LTD

Frontside or backside of a home, the street view for 263 Melville St, Dundas Ontario L9H 2B5

Sold 180 days ago

Sold for $992,500

$7K below asking

263 Melville St, Dundas

Detached33+11072 sq ft

Listed by Judy Marsales Real Estate Ltd.

itso/IMG-XH4204694_1.jpg

Sold 250 days ago

Sold for $705,000

$10K above asking

8 Market St, Dundas

Detached32+11463 sq ft

Listed by RE/MAX Escarpment Realty Inc.

itso/IMG-XH4205286_1.jpg

Sold 253 days ago

Sold for $1,075,000

$25K below asking

30 Matilda St, Dundas

Detached521742 sq ft

Listed by RE/MAX Escarpment Realty Inc.

trreb/IMG-X9034547_1.jpg

Sold 265 days ago

Sold for $1,167,000

$33K below asking

397 King St #104, Hamilton

Condo1+121200-1399 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

itso/IMG-XH4202138_1.jpg

Sold 265 days ago

Sold for $1,375,000

$25K below asking

39 Brydale Crt, Dundas

Detached3+25+12446 sq ft

Listed by Royal LePage State Realty

trreb/IMG-X8460732_1.jpg

Sold 326 days ago

Sold for $749,000

327 Park St, Hamilton

Detached22- sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Population and Demographics

Overview

Total population 512

Average household income $159,556

Age (%)

50 to 64

26%

0 to 19

22%

65 and plus

21%

35 to 49

17%

20 to 34

15%

Household composition (%)

Single family

68%

Single person

28%

Multi person

4%

Multi family

0%

Mother tongue (%)

English

93%

Others

6%

Mandarin

1%

House tenancy (%)

Owners

79%

Renters

21%

Transportation

Car Friendly

4/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance