North York average home price declined in Apr 2022

North York average home price declined in Apr 2022

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North York average home price declined in Apr 2022!

Freehold Market

The freehold houses' average price, was unchanged v.s. last month, up 11.6% from the same month last year. The average time to sell this type of home is around 13.3 Days. The current month of inventory of houses in North York is about 2. Therefore, this segment of housing is currently in a Seller's Market.

Condo Market

The condo market is a Seller's Market. It takes an average of 12 days to sell a condo unit in North York. The average price was unchanged v.s. last month, up 17.7% from the same month last year. The new listings were down 1.3% from the previous month, and unchanged v.s. the same month last year.

Yonge/Finch - Donmill/Sheppard

Condos average price across Willowdale area was down 4.3% from the previous month, up 12.7% from the same month last year. The average time to sell a condo in this area is around 11.4 Days. The current month of inventory of condos near Sheppard Finch Subway Line is about 1.6. The condo market in this area is currently in a Seller's Market.
Condos average price at Bayview Village was up 10.7% from the previous month, up 36.9% from the same month last year. The average time to sell a condo in this area is around 12.2 Days. The current month of inventory of condos near Bayview Subway Line is about 1.2, a Strong Seller's Market.
Condos average price near Fairview Mall was down 6.7% from the previous month, up 18.1% from the same month last year. The average time to sell a condo in this area is around 19.8 Days. The current month of inventory of condos near Donmill Subway is about 3, a Balanced 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.