The average price of North York housing increased in Feb 2024

The average price of North York housing increased in Feb 2024

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The average price of North York housing increased in Feb 2024!

Freehold Market

The freehold houses' average price, was up 3.7% from the previous month, up 2.7% from the same month last year. The average time to sell this type of home is around 25 Days. The current month of inventory of houses in North York is about 2.5. Therefore, this segment of housing is currently in a Balanced Market.

Condo Market

The condo market is a Balanced Market. It takes an average of 31 days to sell a condo unit in North York. The average price was up 6.7% from the previous month, up 2.1% from the same month last year. The new listings were up 28.6% from the previous month, and up 19.5% from the same month last year.

Yonge/Finch - Donmill/Sheppard

Condos average price across Willowdale area was up 4.6% from the previous month, up 2.3% from the same month last year. The average time to sell a condo in this area is around 35.7 Days. The current month of inventory of condos near Sheppard Finch Subway Line is about 3.1. The condo market in this area is currently in a Balanced Market.
Condos average price at Bayview Village was up 10.2% from the previous month, down 7.2% from the same month last year. The average time to sell a condo in this area is around 27.1 Days. The current month of inventory of condos near Bayview Subway Line is about 2.5, a Seller's Market.
Condos average price near Fairview Mall was down 1.5% from the previous month, down 6.4% from the same month last year. The average time to sell a condo in this area is around 22.3 Days. The current month of inventory of condos near Donmill Subway is about 2.9, 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.