Major Bennett
Major Bennett

Major Bennett Housing Market Report

All types - for the month of April

Buyer's market Seller's market

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.

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*

-

New

-

Relisted

-

Compared to number of active, same period, in 2024: -, in 2023: -, in 2022: -

Total Sold Listings*

-

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

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

*Data is for the month of April

Median Sold Price vs Average Days and Average Total Days on Market - Major Bennett - All types

Sold vs Active vs New vs Relisted - Major Bennett - All types

Sold Price Distribution - Major Bennett - All types

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

Property Type Distribution - Major Bennett - All types

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

Median Price - Major Bennett - All types

Population and Demographics

Overview

Total population 309
Average household income $115,248

Age (%)

65 and plus
25%
0 to 19
22%
20 to 34
20%
50 to 64
17%
35 to 49
16%

Household composition (%)

Single family
62%
Single person
30%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
90%
Others
5%
Vietnamese
3%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
71%
Renters
29%

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

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance