Southview
Southview

Southview Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

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.

14

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*

19

New

18(+12.50% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 8, in 2023: 0, in 2022: 0

Total Sold Listings*

12

Median Sold Price

$675,000

Avg Days on Market

14 days

Median Bidding

$9,551

Compared to number of sold, same period, in 2024: 6, in 2023: 7, in 2022: 15

*Data is for the month of March

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

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

Sold Price Distribution - Southview - All types

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

Property Type Distribution - Southview - All types

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

Median Price - Southview - All types

Just listed - Southview

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Just sold - Southview

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Population and Demographics

Overview

Total population 6286
Average household income $109,610

Age (%)

0 to 19
24%
35 to 49
21%
20 to 34
20%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
73%
Single person
23%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
78%
Portuguese
11%
Others
5%
Spanish
1%
French
1%

House tenancy (%)

Owners
69%
Renters
31%

Top 2 Schools in Southview

St Vincent de Paul Catholic Elementary School30 Faial Road, N1R 7C3, Cambridge, ON
7.3/10
Public•JK-8
Monsignor Doyle Catholic Secondary School185 Myers Rd, N1R 7H2, Cambridge, ON
6.5/10
Public•9-12

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

2/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

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