Wellington North
Wellington North

Wellington North Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

10

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.

61

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*

124

New

52(-25.71% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 86, in 2023: 38, in 2022: 9

Total Sold Listings*

12

Median Sold Price

$505,000

Avg Days on Market

61 days

Median Bidding

-$19,500

Compared to number of sold, same period, in 2024: 45, in 2023: 31, in 2022: 24

*Data is for the month of March

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

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

Sold Price Distribution - Wellington North - All types

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

Property Type Distribution - Wellington North - All types

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

Median Price - Wellington North - All types

Just sold - Wellington North

View all

Population and Demographics

Overview

Total population 12071
Average household income $104,785

Age (%)

0 to 19
24%
65 and plus
21%
50 to 64
21%
20 to 34
18%
35 to 49
15%

Household composition (%)

Single family
68%
Single person
28%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
87%
German
4%
Pennsylvania German
3%
Others
2%
Dutch
2%

House tenancy (%)

Owners
74%
Renters
26%

Top 3 Schools in Wellington North

Wellington Heights Secondary School405 Sligo Rd E, N0G 2L2, Mount Forest, ON
6.4/10
Public9-12
Victoria Cross Public School355 Durham St W, N0G 2L1, Mount Forest, ON
4.3/10
PublicJK-8
Arthur Public School155 Conestoga St N, N0G 1A0, Arthur, ON
3.9/10
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

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

0/5

Few or no restaurants within walking distance