North York Real Estate Statistics

North York Real Estate Price Trend
North York real estate average sold price in the last 30 days (March 26 - April 24) was $1,234,525, which is $24,885 (2.0%) higher than the average price of $1,209,640 in the previous 30 day period (February 25 - March 25), and $22,137 (1.8%) down from the same period 1 year ago ($1,256,662). North York real estate prices over the last 30 days are also $55,740 (4.5%) higher than the average selling price of $1,178,785 over the past year.
North York average sold price for homes was $1,899,765 in the last 30 days (March 26 - April 24), which is $14,861 (0.8%) up from the average home price of $1,884,904 in the previous 30 day period (February 25 - March 25), and $210,507 (11.1%) lower than the same period 1 year ago ($2,110,272). In the last 30 days North York the average home price was $14,712 (0.8%) higher than the average selling price of $1,885,053 over the last 12 months.
Average North York condo sold price over the last 30 days (March 26 - April 24) was $697,390. During this period it was $4,392 (0.6%) up from the average price of condo of $692,998 during the previous 30 days (February 25 - March 25), and $10,407 (1.5%) higher compared to the same period 1 year ago ($686,983). In the last 30 days North York the average condo price was $4,031 (0.6%) higher than the average selling price of $693,359 over the last year.
Average sold price of North York townhouse was $980,692 in the last 30 days (March 26 - April 24), up $109,060 (11.1%) from the average townhome price of $871,632 over the previous 30 days (February 25 - March 25), and $18,740 (1.9%) higher than during to the same period 1 year ago ($961,952). Over the last 30 days the average townhouse price in North York was $76,651 (7.8%) higher compared to the average selling price of $904,041 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for North York real estate was $1,234,525 in the last 30 days (March 26 - April 24), which is collectively $219 (0.0%) lower than the average asking price of $1,321,453. This represents an increase of $748 (77.4%) compared to $967 (0.1%) Sold-Under-Asking price from the previous 30 day period (February 25 - March 25).
The maximum Sold Over/Under Asking ratio in North York during the last 12 months was recorded in April, 2023 with an average of $33,195 over the asking price, while the minimum occurring in November, 2023 with $42,763 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 51.2% with 788 properties sold and 1,378 new properties listed in the past 30 days (March 26 - April 24). This represents a decrease from 52.2% recorded during the previous 30 day period (February 25 - March 25), and a decrease from 70.3% compared to the same period one year ago.
Over the the last year the highest SNLR in North York was 104.8% recorded in December and the lowest was in September at 31.6%. 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 788 properties that were successfully sold in North York in the last 30 days (March 26 - April 24) was 20 days, which is 1 days less than 21 days average in the previous 30 day period (February 25 - March 25) and 1 days longer than during the same period a year ago (19 days).
There were 746 delisted properties in North York, those that got either Expired, Suspended or Terminated over the last 30 days (March 26 - April 24) with an average of 51 days on the market. This is 3 days shorter than the average of 54 days during the previous 30 day period (February 25 - March 25) and 4 days more compared to the same period last year average of 47 days on the market.
746 North York properties that didn't sell stayed on the market 155.0% longer than 788 that sucessfully sold over the last 30 days - 20 days when sold vs 51 days when delisted respectively.
Average Days on the Market in North York over the past 12 months for properties that have sold was 23.0 days, with 52.0 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
1,540 new properties were listed on the market in North York in the last 30 days (March 26 - April 24). During the same time 788 properties were sold and 746 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 6 properties (or 0.4%).
During the previous 30 day period (February 25 - March 25) there were 1,378 new properties listed, 720 sold and 598 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 1,715 new properties listed, the slowest - December with 354 new listings and a yearly average of 1,171 new listings per month.
New Real Estate Listings by Property Type
There were a total of 595 homes listed during the last 30 days (March 26 - April 24), which is 38.6% of all properties listed in North York. This is a 15.8% increase compared with a previous 30 day period (February 25 - March 25) and 17.6% up from the same period a year ago. Over the past year an average of 442 homes are were listed per month.
806 condo units were listed in the last 30 days (March 26 - April 24) in North York, which represents 52.3% of all new listings. This is up 11.9% from the prior 30 day period (February 25 - March 25) and 41.4% more compared to the same period last year. There were 611 condos listed per month on average during the last 12 months.
139 townhomes were listed over the last 30 days (March 26 - April 24) in North York, which is 9.0% of all new real estate inventory. This is a 3.5% less than during the previous 30 day period (February 25 - March 25) and 15.8% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 119 a month.
Real Estate Sales by Property Type
There were a total of 336 homes sold during the last 30 days (March 26 - April 24), which is 42.6% of all properties sold in North York. This is a 11.6% increase compared with a previous 30 day period (February 25 - March 25) and 5.0% up from the same period a year ago. Over the past year an average of 261 homes are were sold per month.
384 condo units were sold in the last 30 days (March 26 - April 24) in North York, which represents 48.7% of all sold properties. This is up 11.3% from the prior 30 day period (February 25 - March 25) and 11.7% less compared to the same period last year. There were 340 condos sold per month on average during the last 12 months.
68 townhomes were sold over the last 30 days (March 26 - April 24) in North York, which is 8.6% of all sold real estate. This is a 8.1% less than during the previous 30 day period (February 25 - March 25) and 20.9% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 72 a month.
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