Here's How Long It'll Take to Sell a Home in These 20 Canadian Markets

When it comes to how long it will take to sell a home, that really depends on where you happen to be, with some markets providing quick sales for sellers, while others can take far, far longer. Using data from the Canadian Real Estate Association (as compiled by HuffPost), here’s how long you should expect to wait for an offer when listing a home in the top 20 markets throughout the country.

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Saguenay, QC

Population

: 45,965
Average Home Price: $196,000
How Long it Will Take To Sell a Home: 134 days
According to statistics, real estate in this Quebec community can take more than four months to sell after hitting the market.
Related: The Most Profitable Places to Own a Vacation Rental Property in Canada

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Quebec City, QC

Population

: 531,902
Average Home Price: $266,578

How Long it Will Take To Sell a Home: 123 days
In this historic Quebec tourist destination, expect a home to take about four months before finding a buyer.
Related: This is the Income Required to Own a Home in Canada’s 13 Hottest Real Estate Markets

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St. John’s, NF

Population

: 108,860
Average Home Price: $306,279

How Long it Will Take To Sell a Home: 92.5 days
Finding a buyer for a home in Canada’s eastern-most city can take the better part of three months.
Related: 10 Canadian Cottages You Can Buy Right Now for Under $300K

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Timmins, ON

Population

: 41,788
Average Home Price: $179,268

How Long it Will Take To Sell a Home: 85 days
People selling their home in Timmons can expect to wait nearly three months before landing an offer.
Related: Here’s What $500K Can Buy Throughout Canada

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Montreal, QC

Population

: 1,704,694,
Average Home Price: $363,400

How Long it Will Take To Sell a Home: 74 days
While the Montreal market has been heating up, it takes an average of 74 days for a home to sell after it’s listed.
Related: This is Where to Buy a House in Canada in 2019

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Nova Scotia

Population

: 959,942
Average Home Price: $265,513

How Long it Will Take To Sell a Home: 69 days
On average, it takes more than two months for a Nova Scotia listing to find a buyer.

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Prince Edward Island

Population

: 153,244
Average Home Price: $241,195

How Long it Will Take To Sell a Home: 59 days
It can take the better part of two months for a home to sell in PEI.

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Edmonton, AB

Population

: 932,546
Average Home Price: $365,949

How Long it Will Take To Sell a Home: 56 days
Real estate prices have been rising in Edmonton, yet it can take close to two months for a home to sell.
Related: These Are the Houses You Can Get on a $300K Budget Across Canada

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Vancouver, BC

Population

: 631,486
Average Home Price: $998,700
How Long it Will Take To Sell a Home: 56 days
Gone are the days when a Vancouver-area home would spark bidding wars, typically selling after a single open house; thanks to the market cooling, it now takes an average 56 days for a home to sell.

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Calgary, AB

Population

: 1,239,220
Average Home Price: $456,375

How Long it Will Take To Sell a Home: 52 days
Expect to wait more than 50 days before finding a buyer of a home in Calgary.

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Saskatoon, SK

Population

: 246,376
Average Home Price: $323,291

How Long it Will Take To Sell a Home: 45 days
It takes an average of 45 days to sell a home in this prairie city.
Related: 10 Surprising Things That Decrease the Value of Your Home

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Chilliwack, BC

Population

: 83,788
Average Home Price: $538,147

How Long it Will Take To Sell a Home: 42 days
Located about 100 kilometres from Vancouver, a home in Chilliwack will take about six weeks on average to sell.

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Ottawa, ON

Population

: 934,243
Average Home Price: $500,716

How Long it Will Take To Sell a Home: 36 days
In Canada’s capital, it takes just over a month on average to find a buyer.

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Thunder Bay, ON

Population

: 107,909
Average Home Price: $253,000

How Long it Will Take To Sell a Home: 35.5 days
Home prices remain low in Thunder Bay relative to other parts of Ontario and it typically takes more than a month for a home to sell once it hits the market.
Related: 7 Luxury Home Features We All Wish We Could Have

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Victoria, BC

Population

: 85,792
Average Home Price: $859,600

How Long it Will Take To Sell a Home: 31 days
British Columbia’s capital remains Canada’s retirement capital and despite a resilient real estate market, it can take a month for a home to sell.

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Brampton, ON

Population

: 593,638
Average Home Price: $740,091

How Long it Will Take To Sell a Home: 27 days
Commuting distance from Toronto, a home in Brampton will take, on average, just under a month to sell.

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Winnipeg, MB

Population

: 705,224
Average Home Price: $313,127

How Long it Will Take To Sell a Home: 25 days
Home sales in Winnipeg are quite quick when compared to other parts of the country: the average time to sell a home is just 25 days.
Related: 10 Tiny Towns in Canada with Gorgeous Real Estate

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Toronto, ON

Population

: 2,731,571
Average Home Price: $832,703

How Long it Will Take To Sell a Home: 23 days
The Toronto real estate market has cooled considerably compared to a couple years back, but the average time for a home to sell is just 23 days.

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London, ON

Population

: 383,822
Average Home Price: $408,274

How Long it Will Take To Sell a Home: 15 days
According to statistics, a home in London will typically sell just two weeks after hitting the market.

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Windsor-Essex, ON

Population

: 217,188
Average Home Price: $336,160

How Long it Will Take To Sell a Home: 12 days
The Windsor area boasts the fastest-selling homes in the country, with properties selling a mere 12 days after being listed.
Related: 10 of the Most Undervalued Real Estate Markets in Canada