Grand River North
Grand River North

Grand River North Housing Market Report

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.

34

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*

15

New

11(+175.00% YoY)

Relisted

1(0% YoY)

Compared to number of active, same period, in 2024: 2, in 2023: 1, in 2022: 0

Total Sold Listings*

7

Median Sold Price

$868,300

Avg Days on Market

34 days

Median Bidding

-$9,900

Compared to number of sold, same period, in 2024: 9, in 2023: 8, in 2022: 8

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Grand River North - All types

Sold vs Active vs New vs Relisted - Grand River North - All types

Sold Price Distribution - Grand River North - All types

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

Property Type Distribution - Grand River North - All types

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

Median Price - Grand River North - All types

Just listed - Grand River North

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Just sold - Grand River North

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Population and Demographics

Overview

Total population 4478
Average household income $117,703

Age (%)

50 to 64
22%
0 to 19
22%
20 to 34
19%
35 to 49
18%
65 and plus
18%

Household composition (%)

Single family
73%
Single person
23%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
79%
Serbian
3%
Others
3%
German
2%
Romanian
2%
Polish
2%
Portuguese
2%
Arabic
2%
Croatian
1%
Spanish
1%
Vietnamese
1%

House tenancy (%)

Owners
72%
Renters
28%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast 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

2/5

At least one grocery store within a 30-minute walk

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