Fifty Point
Fifty Point

Fifty Point Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

6

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.

120

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*

19

New

6(-14.29% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 11, in 2023: 2, in 2022: 4

Total Sold Listings*

3

Median Sold Price

$792,500

Avg Days on Market

120 days

Median Bidding

-$14,100

Compared to number of sold, same period, in 2024: 5, in 2023: 3, in 2022: 13

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Fifty Point - All types

Sold Price Distribution - Fifty Point - All types

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

Property Type Distribution - Fifty Point - All types

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

Median Price - Fifty Point - All types

Population and Demographics

Overview

Total population 2336
Average household income $170,449

Age (%)

0 to 19
31%
35 to 49
26%
50 to 64
18%
20 to 34
16%
65 and plus
10%

Household composition (%)

Single family
86%
Single person
11%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
75%
Punjabi (Panjabi)
6%
Italian
3%
Arabic
2%
Spanish
2%
Urdu
2%
Polish
2%
Portuguese
1%
Others
1%

House tenancy (%)

Owners
90%
Renters
10%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

0/5

No transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Some shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance