Essa
Essa

Essa Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

6

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.

46

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*

174

New

114(+21.28% YoY)

Relisted

4(-33.33% YoY)

Compared to number of active, same period, in 2024: 120, in 2023: 73, in 2022: 69

Total Sold Listings*

29

Median Sold Price

$749,900

Avg Days on Market

46 days

Median Bidding

-$14,900

Compared to number of sold, same period, in 2024: 43, in 2023: 44, in 2022: 94

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Essa - All types

Sold Price Distribution - Essa - All types

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

Property Type Distribution - Essa - All types

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

Median Price - Essa - All types

Population and Demographics

Overview

Total population 24117
Average household income $131,310

Age (%)

0 to 19
26%
35 to 49
22%
50 to 64
21%
20 to 34
20%
65 and plus
12%

Household composition (%)

Single family
78%
Single person
18%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
88%
Others
4%
French
4%
Portuguese
1%
Spanish
1%

House tenancy (%)

Owners
81%
Renters
19%

Top 5 Schools in Essa

Académie la Pinède116 Waterloo est chemin, L0M 1C0, Borden, ON
8/10
PublicJK-6
Angus Morrison Elementary School91 Simcoe St, L0M 1B5, Angus, ON
5.2/10
PublicJK-8
Nottawasaga Pines Secondary School8505 County Road 10, L0M 1B1, Angus, ON
4.4/10
Public9-12
Baxter Central Public School62 Denney Dr, L0L 1N0, Egbert, ON
4.4/10
PublicJK-8
Our Lady of Grace School24 Roth St, L0M 1B2, Angus, ON
4.2/10
PublicJK-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

0/5

No 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

0/5

Few or no shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance