Ontario Road / Dain CityHousing market

Ontario Road / Dain City

Ontario Road / Dain City 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.

27

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

24(-20.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 42, in 2023: 26, in 2022: 0

Total Sold Listings*

7 sold

Median Sold Price

$475,000

Avg Days on Market

27 days

Median Bidding

-$6,000

Compared to number of sold, same period, in 2024: 14, in 2023: 17, in 2022: 17

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Ontario Road / Dain City - All types

Sold vs Active vs New vs Relisted - Ontario Road / Dain City - All types

Sold Price Distribution - Ontario Road / Dain City - All types

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

Property Type Distribution - Ontario Road / Dain City - All types

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

Median Price - Ontario Road / Dain City - All types

Just listed - Ontario Road / Dain City

Home with brick exterior material, street for 99 Stern Dr, Welland Ontario L3B 0M2

Re-listed 1 day ago

$•••,•••

99 Stern Dr, Welland

Detached431500-2000 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, street for 333 Forks Rd, Welland Ontario L3B 6C5

5 days on market

333 Forks Rd, Welland

Detached4+142500-3000 sq ft

Listed by RIGHT AT HOME REALTY

Unknown for 299 Dain Ave, Welland Ontario L3B 3E7

6 days on market

299 Dain Ave, Welland

Detached31700-1100 sq ft

Listed by COLDWELL BANKER MOMENTUM REALTY, BROKERAGE

Just sold - Ontario Road / Dain City

Home with vinyl exterior material, street for 170 Iva St, Welland Ontario L3B 1W6

Sold 8 days ago

Sold for $570,000

$10K below asking

170 Iva St, Welland

Detached422000-2500 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with brick exterior material, street for 187 Commercial St, Welland Ontario L3B 5Z5

Sold 9 days ago

Sold for $489,500

$10K below asking

187 Commercial St, Welland

Detached3+221885 sq ft

Listed by Rock Star Real Estate Inc., Brokerage

Unknown for 52 Hildred St, Welland Ontario L3B 0J9

Sold 9 days ago

Sold for $753,000

$36K below asking

52 Hildred St, Welland

Detached442000-2500 sq ft

Listed by REVEL Realty Inc., Brokerage

Population and Demographics

Overview

Total population 4998

Average household income $91,200

Age (%)

50 to 64

22%

0 to 19

22%

20 to 34

19%

65 and plus

18%

35 to 49

18%

Household composition (%)

Single family

66%

Single person

29%

Multi person

4%

Multi family

1%

Mother tongue (%)

English

84%

French

9%

Others

2%

English and French

2%

Spanish

1%

Italian

1%

House tenancy (%)

Owners

73%

Renters

27%

Top 1 School in Ontario Road / Dain City

Diamond Trail Public School315 Southworth Street, L3B 1Z8, Welland, ON

5.3/10

Public•JK-8

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

1/5

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

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

0/5

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