Seaway Mall Area
Seaway Mall Area

Seaway Mall Area 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.

31

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*

46

New

20(+25.00% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 29, in 2023: 14, in 2022: 0

Total Sold Listings*

13

Median Sold Price

$632,500

Avg Days on Market

31 days

Median Bidding

-$15,888

Compared to number of sold, same period, in 2024: 2, in 2023: 12, in 2022: 12

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Seaway Mall Area - All types

Sold vs Active vs New vs Relisted - Seaway Mall Area - All types

Sold Price Distribution - Seaway Mall Area - All types

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

Property Type Distribution - Seaway Mall Area - All types

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

Median Price - Seaway Mall Area - All types

Just sold - Seaway Mall Area

View all

Population and Demographics

Overview

Total population 4916
Average household income $113,089

Age (%)

65 and plus
25%
50 to 64
21%
0 to 19
19%
20 to 34
18%
35 to 49
17%

Household composition (%)

Single family
69%
Single person
26%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
85%
French
6%
Others
3%
Italian
2%
Spanish
1%
English and French
1%

House tenancy (%)

Owners
80%
Renters
20%

Top 1 School in Seaway Mall Area

Glendale Public School24 Farnham Ave, L3C 3R1, Welland, ON
6.7/10
PublicJK-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

1/5

Few transit options

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