How can I understand what is happening on the market?

How Can I Research Real Estate Market Trends?

We’ve built a powerful and easy-to-use Market Data tool to help you do exactly that.

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Why It Matters

Real estate trends can vary significantly depending on:

• Property type (e.g. detached vs. attached)
• Neighbourhood
• City or region

Even within the same city, different areas behave like their own unique markets — which is why a one-size-fits-all analysis doesn’t work.

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What You Can Do with the Tool

• View sales trends and price movements at the neighbourhood level
• Analyze list-to-sale price ratios, average days on market, and more
• Filter by property type for hyper-relevant data

The tool is flexible so you can focus on exactly what matters to you — whether you’re buying, selling, or just staying informed.

Explore Market Data

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How to Interpret Key Metrics

Here’s a quick guide to understanding the most important data points:

• Average Sale Price: The average price homes are selling for in a specific area and timeframe. Helps you gauge general market value.

• Median Days on Market: The number of days it takes for a home to sell. Lower numbers usually indicate higher demand.

• Sales-to-Listings Ratio: Shows market balance.

  • Over 60% = Seller’s market
  • 40–60% = Balanced market
  • Under 40% = Buyer’s market

• List-to-Sale Price Ratio: The percentage of the original asking price that homes are actually selling for.

  • 100%+ suggests homes are selling at or above asking
  • Below 100% indicates room for negotiation

• Inventory Trends: Tracks how many active listings are on the market. Helps identify shifts in supply and demand.

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If you’d like help analyzing trends or understanding what they mean for your situation, just reach out to Bōdie: the AI powered chatbot — we're here to help.