Glen CairnHousing market

Glen Cairn

Glen Cairn 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.

30

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*

56 active

New

32(-3.03% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 32, in 2023: 31, in 2022: 13

Total Sold Listings*

13 sold

Median Sold Price

$531,000

Avg Days on Market

30 days

Median Bidding

-$8,000

Compared to number of sold, same period, in 2024: 17, in 2023: 28, in 2022: 29

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Glen Cairn - All types

Sold Price Distribution - Glen Cairn - All types

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

Property Type Distribution - Glen Cairn - All types

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

Median Price - Glen Cairn - All types

Just listed - Glen Cairn

Home with brick exterior material, street for 48 FRONTENAC Rd, London South Ontario N5Z 3Y3

3 hours on market

48 FRONTENAC Rd, London South

Detached311100-1500 sq ft

Listed by STREETCITY REALTY INC.

Unknown for 26 Edmunds Cres, London Ontario N5Z 4J2

10 hours on market

26 Edmunds Cres, London

Detached3+12700-1100 sq ft

Listed by THRIVE REALTY GROUP INC.

Indoor foyer for 725 Deveron Cres #217, London South Ontario N5Z 4X3

1 day on market

725 Deveron Cres #217, London South

Condo321000-1199 sq ft

Listed by REVEL REALTY INC.

Just sold - Glen Cairn

Home with brick exterior material, street for 47 Gerald Cres, London South Ontario N5Z 5A4

Sold for $625,000

47 Gerald Cres, London South

Detached321500-2000 sq ft

Listed by THE REALTY FIRM INC.

Unknown for 3 Almond Rd, London Ontario N5Z 4C1

Sold 5 days ago

Sold for $480,000

$20K below asking

3 Almond Rd, London

Semi-Detached31700-1100 sq ft

Listed by A TEAM LONDON

Home with vinyl exterior material, street for 900 Pond View Rd #114, London South Ontario N5Z 4L7

Sold 6 days ago

Sold for $435,000

$15K below asking

900 Pond View Rd #114, London South

Condo321400-1599 sq ft

Listed by KELLER WILLIAMS LIFESTYLES

Population and Demographics

Overview

Total population 16270

Average household income $88,351

Age (%)

0 to 19

25%

50 to 64

21%

20 to 34

20%

35 to 49

19%

65 and plus

16%

Household composition (%)

Single family

63%

Single person

31%

Multi person

5%

Multi family

1%

Mother tongue (%)

English

81%

Spanish

4%

Arabic

4%

Others

3%

Polish

2%

Portuguese

2%

Italian

1%

House tenancy (%)

Owners

62%

Renters

38%

Top 4 Schools in Glen Cairn

Princess Elizabeth Public School247 Thompson Rd, N5Z 2Z3, London, ON

6.2/10

Public•JK-8

St Sebastian Separate School225 Cairn St, N5Z 3W6, London, ON

5.5/10

Public•JK-8

Glen Cairn Public School53 Frontenac Rd, N5Z 3Y5, London, ON

2.3/10

Public•JK-8

C C Carrothers Public School360 Chippendale Cres, N5Z 3G2, London, ON

2/10

Public•JK-8

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

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

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 30-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