AlbionHousing market

Albion

Albion Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

9

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.

16

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*

18 active

New

11(+22.22% YoY)

Relisted

1(-50.00% YoY)

Compared to number of active, same period, in 2024: 3, in 2023: 2, in 2022: 0

Total Sold Listings*

2 sold

Median Sold Price

$1,010,000

Avg Days on Market

16 days

Median Bidding

-$14,999

Compared to number of sold, same period, in 2024: 8, in 2023: 3, in 2022: 6

*Data is for the month of March

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

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

Sold Price Distribution - Albion - All types

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

Property Type Distribution - Albion - All types

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

Median Price - Albion - All types

Just listed - Albion

Unknown for 88 Westbank Trail Stoney Creek N/A, Hamilton Ontario L8J 0H5

4 days on market

Up to3K Cashback

88 Westbank Trail Stoney Creek N/A, Hamilton

Townhouse221100-1500 sq ft

Listed by HOMELIFE G1 REALTY INC.

Unknown for 56 Westbank Tr, Hamilton Ontario L8J 0H5

4 days on market

Up to4K Cashback

56 Westbank Tr, Hamilton

Townhouse331500-2000 sq ft

Listed by CENTURY 21 HERITAGE HOUSE LTD

Home with brick exterior material, street for 221 Echovalley Dr, Hamilton Ontario L8J 0H1

6 days on market

Up to5K Cashback

221 Echovalley Dr, Hamilton

Detached432000-2500 sq ft

Listed by KELLER WILLIAMS EDGE REALTY

Just sold - Albion

Home with brick exterior material, street for 1155 Paramount Dr #22, Hamilton Ontario L8J 2N4

Sold 15 days ago

Sold for $599,900

1155 Paramount Dr #22, Hamilton

Condo321600-1799 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 8 Thornbury Crt, Hamilton Ontario L8J 0G7

Sold 27 days ago

Sold for $1,225,000

$25K below asking

8 Thornbury Crt, Hamilton

Detached4+15- sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 13 Apex Crt, Hamilton Ontario L8J 1J2

Sold 37 days ago

Sold for $795,000

13 Apex Crt, Hamilton

Detached43- sq ft

Listed by MICHAEL ST.JEAN REALTY INC., BROKERAGE

Population and Demographics

Overview

Total population 2504

Average household income $129,559

Age (%)

0 to 19

25%

35 to 49

20%

50 to 64

19%

65 and plus

18%

20 to 34

18%

Household composition (%)

Single family

79%

Single person

18%

Multi person

3%

Multi family

0%

Mother tongue (%)

English

82%

Others

4%

Italian

3%

Polish

2%

Arabic

2%

Spanish

2%

Serbian

1%

Punjabi (Panjabi)

1%

House tenancy (%)

Owners

83%

Renters

17%

Top 2 Schools in Albion

St. Paul Catholic Elementary School24 Amberwood St, L8J 2H9, Stoney Creek, ON

6.5/10

Public•JK-8

Billy Green Elementary School1105 Paramount Drive, L8J 1W2, Stoney Creek, ON

5.2/10

Public•JK-8

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

1/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

2/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance