Springwater
Springwater

Springwater Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

7

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.

55

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*

165

New

78(-41.79% YoY)

Relisted

9(+125.00% YoY)

Compared to number of active, same period, in 2024: 190, in 2023: 92, in 2022: 32

Total Sold Listings*

24

Median Sold Price

$932,500

Avg Days on Market

55 days

Median Bidding

-$19,950

Compared to number of sold, same period, in 2024: 32, in 2023: 53, in 2022: 56

*Data is for the month of March

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

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

Sold Price Distribution - Springwater - All types

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

Property Type Distribution - Springwater - All types

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

Median Price - Springwater - All types

Just sold - Springwater

View all

Population and Demographics

Overview

Total population 26030
Average household income $160,011

Age (%)

0 to 19
24%
50 to 64
23%
35 to 49
20%
65 and plus
17%
20 to 34
16%

Household composition (%)

Single family
79%
Single person
17%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
91%
Others
6%
French
2%

House tenancy (%)

Owners
88%
Renters
12%

Top 5 Schools in Springwater

Minesing Central Public School7 Huron St, L9X 1J2, Minesing, ON
6.7/10
PublicJK-8
Forest Hill Public School16 Doran Rd, L0L 1X0, Midhurst, ON
6/10
PublicJK-8
Our Lady of Lourdes Separate School34 Kerr Street, L0L 1P0, Elmvale, ON
5.7/10
PublicJK-8
Elmvale District High School25 Lawson Ave, L0L 1P0, Elmvale, ON
5.1/10
Public9-12
Huronia Centennial Public School28 Simcoe St, L0L 1P0, Elmvale, ON
4.4/10
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

Transit Friendly

0/5

Few transit options

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

1/5

Few or no restaurants within walking distance