Otonabee-South Monaghan
Otonabee-South Monaghan

Otonabee-South Monaghan Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

10

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.

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*

57

New

26(+18.18% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 59, in 2023: 41, in 2022: 13

Total Sold Listings*

6

Median Sold Price

$799,950

Avg Days on Market

30 days

Median Bidding

-$4,500

Compared to number of sold, same period, in 2024: 10, in 2023: 9, in 2022: 21

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Otonabee-South Monaghan - All types

Sold Price Distribution - Otonabee-South Monaghan - All types

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

Property Type Distribution - Otonabee-South Monaghan - All types

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

Median Price - Otonabee-South Monaghan - All types

Population and Demographics

Overview

Total population 8093
Average household income $121,448

Age (%)

50 to 64
25%
65 and plus
24%
0 to 19
20%
35 to 49
16%
20 to 34
15%

Household composition (%)

Single family
75%
Single person
22%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
96%
Others
3%

House tenancy (%)

Owners
88%
Renters
12%

Top 2 Schools in Otonabee-South Monaghan

North Shore Public School42 Pinecrest Avenue, K0L 2G0, Keene, ON
5.5/10
PublicJK-8
St. Joseph Catholic Elementary School405 4th Line RR 1, K0L 1S0, Douro, ON
5.4/10
PublicJK-8

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

0/5

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

Shopping, Food and Nightlife

Cafes

0/5

Few or no cafés within walking distance

Groceries

0/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

0/5

Few or no shops within walking distance

Restaurants

0/5

Few or no restaurants within walking distance