South Pelham
South Pelham

South Pelham Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

24

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.

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*

73

New

29(-12.12% YoY)

Relisted

2(- YoY)

Compared to number of active, same period, in 2024: 50, in 2023: 23, in 2022: 8

Total Sold Listings*

3

Median Sold Price

$700,000

Avg Days on Market

41 days

Median Bidding

-$20,400

Compared to number of sold, same period, in 2024: 18, in 2023: 14, in 2022: 21

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - South Pelham - All types

Sold Price Distribution - South Pelham - All types

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

Property Type Distribution - South Pelham - All types

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

Median Price - South Pelham - All types

Just sold - South Pelham

View all

Population and Demographics

Overview

Total population 7387
Average household income $113,667

Age (%)

65 and plus
25%
0 to 19
22%
50 to 64
20%
35 to 49
18%
20 to 34
15%

Household composition (%)

Single family
70%
Single person
27%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
83%
French
6%
Others
4%
Italian
3%
English and French
2%

House tenancy (%)

Owners
79%
Renters
21%

Top 2 Schools in South Pelham

Holy Name Catholic Elementary School290 Fitch St, L3C 4W5, Welland, ON
6/10
PublicJK-8
Ééc du Sacré-Coeur-Welland310 Fitch rue, L3C 4W5, Welland, ON
5.5/10
PublicJK-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

Some restaurants within walking distance