A firmly seller-favoured week —
fast, mid-range, and postwar-led.
Out of 143 closings, roughly 7 in 10 sold above asking. Well-priced postwar homes in the $400K–$600K band drove the market, while new builds and high-end product lagged.
Market Overview
01 / OVERVIEWThe market stayed decisively seller-favoured this week. Of 143 closings, 101 (70.6%) sold above asking, 7 sold at asking, and only 35 came in below. The average over-asking sale beat the list price by ~$47K, while the average below-asking close trailed by just ~$15K — an asymmetry that captures how much momentum sat with sellers.
Days on Market · The 14-Day Cliff
02 / DOMPace was fast — a median of 7 days, with 89% of listings clearing within two weeks. But there was a sharp cliff: homes that didn't sell quickly stopped commanding premiums almost entirely.
DOM Distribution · 5-Day Bands
| Days on market | Share | Over asking | Avg premium |
|---|---|---|---|
| 1–5 days | 6% | 62% | +0.9% |
| 6–10 days | 76% | 82% | +9.7% |
| 11–15 days | 8% | 55% | +4.8% |
| 16–20 days | 1% | 50% | +2.9% |
| 21+ days | 9% | 0% | −4.8% |
Sold Price vs Listing Price
03 / PRICINGRoughly 71% of homes sold above asking. The strongest overbids were classic underpricing-meets-bidding-war outcomes, clustered in established mid-range neighbourhoods.
Top by Premium %
| Address | Sold | Premium % |
|---|---|---|
| 228 Thomas Berry Street | $375,000 | +38.9% |
| 99 Regatta Road | $535,000 | +37.2% |
| 44 Ansell Court | $607,544 | +35.0% |
| 225 Dunkirk Drive | $535,500 | +33.9% |
| 91 Martin Avenue | $388,000 | +29.4% |
Top by Premium $ Amount
| Address | Sold | Premium $ |
|---|---|---|
| 44 Ansell Court | $607,544 | +$157,644 |
| 449 Waterloo Street | $755,000 | +$155,100 |
| 99 Regatta Road | $535,000 | +$145,100 |
| 225 Dunkirk Drive | $535,500 | +$135,600 |
| 504 Queenston Street | $626,876 | +$126,976 |
Price Distribution
04 / PRICEThe $400K–$600K band was the clear hot zone — together it made up ~44% of closings and ~88% of those sold over asking.
Premium by Build Era
05 / VINTAGEOlder stock outperformed. Postwar homes (1946–79) made up the largest group — 45% of closings — and pre-1980 vintages all averaged solid premiums, while new builds (2000+) lagged badly.
| Build era | Share | Over asking | Avg premium |
|---|---|---|---|
| 1920–1945 | 12% | 76% | +11.3% |
| Pre-1920 | 10% | 73% | +10.6% |
| 1946–1979 (postwar) | 45% | 77% | +8.4% |
| 1980–1999 | 17% | 75% | +6.6% |
| 2000+ | 15% | 45% | +0.9% |
Where Buyers Won · Biggest Discounts
06 / DISCOUNTSDiscounts stayed limited and concentrated in higher-priced and longer-listed homes. Most below-asking sales trailed list by only $5K–$30K.
| Address | DOM | Discount |
|---|---|---|
| 136 Salme Drive | 6 | $-63,400 |
| 28 Brockington Avenue | 63 | $-50,900 |
| 427 Deschambault Street | 47 | $-38,900 |
| 10 Farmingdale Boulevard | 8 | $-29,900 |
| 98 Manipogo Bay | 24 | $-29,000 |
Key Takeaways · Actionable
07 / TAKEAWAYSA fast, seller-favoured week —
centred on mid-range postwar homes.
Roughly 71% of homes sold above asking, beating list by ~$47K on average against a modest ~$15K average discount. The engine was well-priced postwar product in the $400K–$600K band, where close to 9 in 10 went over asking. New builds and the $600K–$700K tier were the softer corners.
The 14-day cliff defined the week: price right and homes cleared in a week with multiple offers; price ambitiously and they lingered past a month, almost always closing below list.