CarlingHousing market

Carling

Carling Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

4

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.

41

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*

50 active

New

35(+40.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 34, in 2023: 25, in 2022: 19

Total Sold Listings*

12 sold

Median Sold Price

$498,000

Avg Days on Market

41 days

Median Bidding

-$5,900

Compared to number of sold, same period, in 2024: 16, in 2023: 23, in 2022: 46

*Data is for the month of March

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

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

Sold Price Distribution - Carling - All types

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

Property Type Distribution - Carling - All types

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

Median Price - Carling - All types

Just listed - Carling

Standard kitchen, unknown for 573 Mornington Ave #512, London East Ontario N5Y 4T9

Re-listed 10 hours ago

$•••,•••

573 Mornington Ave #512, London East

Condo11600-699 sq ft

Listed by RE/MAX CENTRE CITY REALTY INC.

Standard kitchen, unknown for 583 Mornington Ave #1002, London East Ontario N5Y 3E9

13 hours on market

583 Mornington Ave #1002, London East

Condo21800-899 sq ft

Listed by RE/MAX CENTRE CITY REALTY INC.

Home with brick exterior material, street for 72 Corinth Crt, London Ontario N5Y 5A8

1 day on market

72 Corinth Crt, London

Detached32700-1100 sq ft

Listed by STREETCITY REALTY INC.

Just sold - Carling

Unknown for 563 Mornington Ave #1106, London Ontario N5Y 4T8

Sold 2 days ago

Sold for $170,000

563 Mornington Ave #1106, London

Condo11600-699 sq ft

Listed by SUTTON GROUP - SELECT REALTY

Home with brick exterior material, street for 54 Sweetbriar Rd, London Ontario N5Y 5G1

Sold 9 days ago

Sold for $680,000

$5K above asking

54 Sweetbriar Rd, London

Detached3+131500-2000 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Home with brick exterior material, street for 496 Edenridge Dr, London Ontario N5Y 5V2

Sold 14 days ago

Sold for $681,899

$8K below asking

496 Edenridge Dr, London

Detached3+141100-1500 sq ft

Listed by RIGHT AT HOME REALTY

Population and Demographics

Overview

Total population 18701

Average household income $82,796

Age (%)

20 to 34

31%

0 to 19

21%

35 to 49

19%

50 to 64

17%

65 and plus

12%

Household composition (%)

Single family

53%

Single person

36%

Multi person

10%

Multi family

0%

Mother tongue (%)

English

79%

Others

6%

Nepali

3%

Malayalam

3%

Spanish

2%

Arabic

2%

Tagalog (Pilipino, Filipino)

1%

House tenancy (%)

Renters

58%

Owners

42%

Top 5 Schools in Carling

École Secondaire Catholique École Secondaire Monseigneur-Bruyère920 Huron rue, N5Y 4K4, London, ON

7.1/10

Public•9-12

Northbrae Public School335 Belfield St, N5Y 2K3, London, ON

3.8/10

Public•JK-8

Sir John a MacDonald Public School1150 Landor St, N5Y 3W3, London, ON

3/10

Public•JK-8

Blessed Sacrament Separate School1063 Oxford St E, N5Y 3L4, London, ON

2.8/10

Public•JK-8

Knollwood Park Public School70 Gammage St, N5Y 2B1, London, ON

1.8/10

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

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance