Byron
Byron

Byron Housing Market Report

Seller's Market

All types - for the month of March

Buyer's market Seller's market

3

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.

25

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*

55

New

42(+10.53% YoY)

Relisted

1(-50.00% YoY)

Compared to number of active, same period, in 2024: 28, in 2023: 40, in 2022: 18

Total Sold Listings*

20

Median Sold Price

$725,000

Avg Days on Market

25 days

Median Bidding

-$11,250

Compared to number of sold, same period, in 2024: 23, in 2023: 16, in 2022: 27

*Data is for the month of March

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

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

Sold Price Distribution - Byron - All types

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

Property Type Distribution - Byron - All types

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

Median Price - Byron - All types

Just sold - Byron

View all

Population and Demographics

Overview

Total population 15313
Average household income $148,486

Age (%)

0 to 19
24%
65 and plus
23%
50 to 64
20%
35 to 49
20%
20 to 34
13%

Household composition (%)

Single family
75%
Single person
24%
Multi person
1%
Multi family
0%

Mother tongue (%)

English
90%
Others
5%
Spanish
1%
French
1%
Arabic
1%

House tenancy (%)

Owners
86%
Renters
14%

Top 5 Schools in Byron

St George Separate School375 Lynden Cres, N6K 2J1, London, ON
8.6/10
Public•JK-8
Byron Somerset Public School175 Whisperwood Ave, N6K 4C6, London, ON
7.4/10
Public•JK-8
Byron Southwood Public School1379 Lola St, N6K 3R6, London, ON
7.2/10
Public•JK-8
Byron Northview Public School1370 Commissioners Rd W, N6K 1E1, London, ON
6.9/10
Public•JK-8
St Theresa Separate School108 Fairlane Ave, N6K 3E6, London, ON
5.3/10
Public•JK-8

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

1/5

Few transit options

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

2/5

Few or no restaurants within walking distance