North York Real Estate Statistics

North York Real Estate Price Trend
North York real estate average sold price in the last 30 days (July 1 - July 30) was $1,108,708, which is $98,650 (8.9 %) lower than the average price of $1,207,358 in the previous 30 day period (June 1 - June 30), and $15,120 (1.4 %) down from the same period 1 year ago ($1,123,828). North York real estate prices over the last 30 days are also $4,215 (0.4 %) lower than the average selling price of $1,112,923 over the past year.
North York average sold price for homes was $1,857,298 in the last 30 days (July 1 - July 30), which is $40,452 (2.2 %) up from the average home price of $1,816,846 in the previous 30 day period (June 1 - June 30), and $65,549 (3.5 %) higher than the same period 1 year ago ($1,791,749). In the last 30 days North York the average home price was $88,404 (4.8 %) higher than the average selling price of $1,768,894 over the last 12 months.
Average North York condo sold price over the last 30 days (July 1 - July 30) was $641,319. During this period it was $29,072 (4.5 %) down from the average price of condo of $670,391 during the previous 30 days (June 1 - June 30), and $14,863 (2.3 %) higher compared to the same period 1 year ago ($626,456). In the last 30 days North York the average condo price was $25,371 (4.0 %) higher than the average selling price of $615,948 over the last year.
Average sold price of North York townhouse was $817,564 in the last 30 days (July 1 - July 30), down $41,656 (5.1 %) from the average townhome price of $859,220 over the previous 30 days (June 1 - June 30), and $45,638 (5.6 %) higher than during to the same period 1 year ago ($771,926). Over the last 30 days the average townhouse price in North York was $2,518 (0.3 %) higher compared to the average selling price of $815,046 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for North York real estate was $1,108,708 in the last 30 days (July 1 - July 30), which is collectively $10,666 (0.9 %) higher than the average asking price of $1,210,482. This represents a decline of $8,086 (43.1 %) compared to $18,752 (1.6 %) Sold-Over-Asking price from the previous 30 day period (June 1 - June 30).
The maximum Sold Over/Under Asking ratio in North York during the last 12 months was recorded in April, 2021 with an average of $51,624 over the asking price, while the minimum occurring in November, 2020 with $21,724 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in North York was 80.5 % with 903 properties sold and 1,459 new properties listed in the past 30 days (July 1 - July 30). This represents an increase from 72.0 % recorded during the previous 30 day period (June 1 - June 30), and an increase from 49.7 % compared to the same period one year ago.
Over the the last year the highest SNLR in North York was 121.6 % recorded in December and the lowest was in September at 44.8 %. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 903 properties that were successfully sold in North York in the last 30 days (July 1 - July 30) was 16 days, which is 2 days more than 14 days average in the previous 30 day period (June 1 - June 30) and 0 days longer than during the same period a year ago (16 days).
There were 663 delisted properties in North York, those that got either Expired, Suspended or Terminated over the last 30 days (July 1 - July 30) with an average of 43 days on the market. This is 7 days longer than the average of 36 days during the previous 30 day period (June 1 - June 30) and 0 days more compared to the same period last year average of 43 days on the market.
663 North York properties that didn't sell stayed on the market 168.8 % longer than 903 that sucessfully sold over the last 30 days - 16 days when sold vs 43 days when delisted respectively.
Average Days on the Market in North York over the past 12 months for properties that have sold was 18.2 days, with 43.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
1,122 new properties were listed on the market in North York in the last 30 days (July 1 - July 30). During the same time 903 properties were sold and 663 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 444 properties (or 39.6 %).
During the previous 30 day period (June 1 - June 30) there were 1,459 new properties listed, 1,051 sold and 758 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 2,030 new properties listed, the slowest - December with 616 new listings and a yearly average of 1,499 new listings per month.
New Real Estate Listings by Property Type
There were a total of 401 homes listed during the last 30 days (July 1 - July 30), which is 35.7 % of all properties listed in North York. This is a 31.9 % decline compared with a previous 30 day period (June 1 - June 30) and 41.1 % down from the same period a year ago. Over the past year an average of 613 homes are were listed per month.
587 condo units were listed in the last 30 days (July 1 - July 30) in North York, which represents 52.3 % of all new listings. This is down 15.7 % from the prior 30 day period (June 1 - June 30) and 31.2 % less compared to the same period last year. There were 715 condos listed per month on average during the last 12 months.
134 townhomes were listed over the last 30 days (July 1 - July 30) in North York, which is 11.9 % of all new real estate inventory. This is a 23.0 % less than during the previous 30 day period (June 1 - June 30) and 29.5 % decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 171 a month.
Real Estate Sales by Property Type
There were a total of 331 homes sold during the last 30 days (July 1 - July 30), which is 36.7 % of all properties sold in North York. This is a 29.9 % decline compared with a previous 30 day period (June 1 - June 30) and 6.2 % down from the same period a year ago. Over the past year an average of 408 homes are were sold per month.
461 condo units were sold in the last 30 days (July 1 - July 30) in North York, which represents 51.1 % of all sold properties. This is up 1.1 % from the prior 30 day period (June 1 - June 30) and 14.1 % more compared to the same period last year. There were 461 condos sold per month on average during the last 12 months.
111 townhomes were sold over the last 30 days (July 1 - July 30) in North York, which is 12.3 % of all sold real estate. This is a 9.8 % less than during the previous 30 day period (June 1 - June 30) and 12.1 % increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 117 a month.
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