Gore BayHousing market

Gore Bay Housing Market Report

All types - for the month of April

Buyer's market Seller's market

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.

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*

- active

New

Relisted

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

Total Sold Listings*

- sold

Median Sold Price

Avg Days on Market

- days

Median Bidding

Compared to number of sold, same period, in 2024: -, in 2023: -, in 2022: -

*Data is for the month of April

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

Sold vs Active vs New vs Relisted - Gore Bay - All types

Sold Price Distribution - Gore Bay - All types

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

Property Type Distribution - Gore Bay - All types

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

Median Price - Gore Bay - All types

Population and Demographics

Overview

Total population 584

Average household income $100,645

Age (%)

65 and plus

33%

50 to 64

23%

0 to 19

16%

35 to 49

14%

20 to 34

14%

Household composition (%)

Single family

55%

Single person

41%

Multi person

Multi family

Mother tongue (%)

English

93%

French

Others

House tenancy (%)

Owners

58%

Renters

42%

Transportation

Car Friendly

5/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

1/5

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

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance