North York average freehold home price decreased in Dec 2023

North York average freehold home price decreased in Dec 2023

North York average freehold home price decreased in Dec 2023!

Freehold Market

The freehold houses' average price, was down 20.1% from the previous month, down 4.8% from the same month last year. The average time to sell this type of home is around 35.7 Days. The current month of inventory of houses in North York is about 4. Therefore, this segment of housing is currently in a Buyer's Market.

Condo Market

The condo market is a Buyer's Market. It takes an average of 37 days to sell a condo unit in North York. The average price was unchanged v.s. last month, unchanged v.s. same month previous year. The new listings were down 62.1% from the previous month, and down 4.1% from the same month last year.

Yonge/Finch - Donmill/Sheppard

Condos average price across Willowdale area was down 8.5% from the previous month, down 3.9% from the same month last year. The average time to sell a condo in this area is around 45.5 Days. The current month of inventory of condos near Sheppard Finch Subway Line is about 3.4. The condo market in this area is currently in a Balanced Market.
Condos average price at Bayview Village was unchanged v.s. last month, down 4.0% from the same month last year. The average time to sell a condo in this area is around 25.6 Days. The current month of inventory of condos near Bayview Subway Line is about 4.9, a Strong Buyer's Market.
Condos average price near Fairview Mall was up 12.2% from the previous month, up 9.0% from the same month last year. The average time to sell a condo in this area is around 25.6 Days. The current month of inventory of condos near Donmill Subway is about 6.7, a Strong Buyer's Market.

If you plan to move to North York or you want to learn more about real estate investment opportunities in North York, please contact North York real estate agent Realtor Alan Zheng at 647-877-9311.