The average home price of North York declined in July 2024

The average home price of North York declined in July 2024

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The average home price of North York declined in July 2024!

Freehold Market

The freehold houses' average price, was unchanged v.s. last month, down 2.0% from the same month last year. The average time to sell this type of home is around 24.4 Days. The current month of inventory of houses in North York is about 5.4. Therefore, this segment of housing is currently in a Strong Buyer's Market.

Condo Market

The condo market is a Strong Buyer's Market. It takes an average of 27 days to sell a condo unit in North York. The average price was down 3.5% from the previous month, unchanged v.s. same month previous year. The new listings were unchanged v.s. last month, and up 31.8% from the same month last year.

Yonge/Finch - Donmill/Sheppard

Condos average price across Willowdale area was down 3.9% from the previous month, down 6.6% from the same month last year. The average time to sell a condo in this area is around 30.3 Days. The current month of inventory of condos near Sheppard Finch Subway Line is about 9.1. The condo market in this area is currently in a Strong Buyer's Market.
Condos average price at Bayview Village was down 24.5% from the previous month, down 8.6% from the same month last year. The average time to sell a condo in this area is around 21.2 Days. The current month of inventory of condos near Bayview Subway Line is about 8.9, a Strong Buyer's Market.
Condos average price near Fairview Mall was down 1.7% from the previous month, down 10.3% from the same month last year. The average time to sell a condo in this area is around 26.9 Days. The current month of inventory of condos near Donmill Subway is about 6.3, 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.