Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
May 2025 · Faraday
Faraday Housing Market Report for May 2025
3 residential properties closed in Faraday in May 2025. Average sold price of $451,667. 66.7% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $451,667
Median Price $460,000
Sale / List 98.9%
Over Asking 33.3%
Avg DOM 106 days
Total Sold
3
all residential
Avg Sold Price
$451,667
all types
Median Price
$460,000
mid-point
Sale / List
98.9%
avg ratio
Over Asking
33.3%
of all sales
Avg DOM
106
days on market
Prices by Property Type
Faraday · May 2025
💰 Price Summary
Average Sold $451,667
Median Sold $460,000
Avg List Price $456,633
Lowest Sale $265,000
Highest Sale $630,000
Sale / List Ratio 98.9%
📊 Competition
Sold over asking 33.3%
Sold at asking 0.0%
Sold under asking 66.7%
Avg Days on Market 106 days
Fast · 050Slow · 100+
🧊 Buyers market — 66.7% sold below asking. Avg 106 days on market.
🏘
No condo data for May 2025
There weren't enough condo sales in
Faraday this month to generate a summary.
💰 Price Summary
Average Sold $451,667
Median Sold $460,000
Avg List Price $456,633
Lowest Sale $265,000
Highest Sale $630,000
Sale / List Ratio 98.9%
📊 Competition
Sold over asking 33.3%
Sold at asking 0.0%
Sold under asking 66.7%
Avg Days on Market 106 days
Fast · 050Slow · 100+
🧊 Buyers market — 66.7% sold below asking. Avg 106 days on market.
🏘
No townhouse data for May 2025
There weren't enough townhouse sales in
Faraday this month to generate a summary.
🏘
No multi-unit data for May 2025
There weren't enough multi-unit sales in
Faraday this month to generate a summary.
Nearby Cities · May 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Bancroft | $423,000 | $365,000 | 94.1% | 96d | 🧊 Buyers |
| Hastings Highlands | $445,271 | $499,900 | 94.8% | 145d | 🧊 Buyers |
| Addington Highlands | $449,912 | $444,875 | 98.1% | 91d | 🧊 Buyers |
Frequently Asked Questions
Faraday · May 2025
The average sold price across all residential types in Faraday was $451,667 in May 2025,
based on 3 closed transactions. The median was
$460,000.
The average Faraday home took 106 days to sell in May 2025.
Faraday averaged $451,667 in May 2025. Addington Highlands averaged $449,912. See the full May 2025 Ontario summary →
Looking to buy or sell in Faraday?
Work with a Roofup agent and get cashback on your purchase. No hidden fees.
Data note: Based on MLS® resale transaction data held in our system for Faraday, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
