Marmora and Lake
Marmora and Lake

Marmora and Lake Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

8

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.

28

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*

42

New

17(0% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 41, in 2023: 20, in 2022: 9

Total Sold Listings*

5

Median Sold Price

$400,000

Avg Days on Market

28 days

Median Bidding

-$24,900

Compared to number of sold, same period, in 2024: 9, in 2023: 10, in 2022: 11

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Marmora and Lake - All types

Sold Price Distribution - Marmora and Lake - All types

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

Property Type Distribution - Marmora and Lake - All types

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

Median Price - Marmora and Lake - All types

Population and Demographics

Overview

Total population 4315
Average household income $87,438

Age (%)

65 and plus
30%
50 to 64
27%
0 to 19
17%
35 to 49
13%
20 to 34
13%

Household composition (%)

Single family
62%
Single person
34%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
96%
Others
3%

House tenancy (%)

Owners
79%
Renters
21%

Top 1 School in Marmora and Lake

Marmora Public School91 Madac St, K0K 2M0, Marmora, ON
1.8/10
Public•JK-8

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

0/5

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

Shopping, Food and Nightlife

Cafes

0/5

Few or no cafés within walking distance

Groceries

0/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

0/5

Few or no shops within walking distance

Restaurants

0/5

Few or no restaurants within walking distance