Centre Wellington
Centre Wellington

Centre Wellington Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

5

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.

42

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*

251

New

136(-3.55% YoY)

Relisted

3(-40.00% YoY)

Compared to number of active, same period, in 2024: 150, in 2023: 61, in 2022: 32

Total Sold Listings*

51

Median Sold Price

$863,000

Avg Days on Market

42 days

Median Bidding

-$9,900

Compared to number of sold, same period, in 2024: 76, in 2023: 93, in 2022: 108

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Centre Wellington - All types

Sold Price Distribution - Centre Wellington - All types

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

Property Type Distribution - Centre Wellington - All types

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

Median Price - Centre Wellington - All types

Just listed - Centre Wellington

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Just sold - Centre Wellington

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Population and Demographics

Overview

Total population 31158
Average household income $139,569

Age (%)

0 to 19
23%
65 and plus
22%
50 to 64
21%
35 to 49
18%
20 to 34
16%

Household composition (%)

Single family
74%
Single person
24%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
93%
Others
5%
Dutch
1%

House tenancy (%)

Owners
81%
Renters
19%

Top 5 Schools in Centre Wellington

St Joseph - Fergus Catholic Elementary School150 Strathallan St, N1M 1A1, Fergus, ON
8.6/10
Public•JK-8
Salem Public School23 Woolwich Street, N0B 1S0, Elora, ON
6.9/10
Public•JK-6
St Mary - Elora Catholic Elementary School251 Irvine St, N0B 1S0, Elora, ON
6.9/10
Public•JK-8
John Black Public School150 Lamond St, N1M 2A1, Fergus, ON
6.7/10
Public•JK-8
Centre Wellington District High School905 Scotland St, N1M 1Y7, Fergus, ON
6.7/10
Public•9-12

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

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

1/5

Few or no shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance