North York Real Estate Statistics

North York real estate average sold price in the last 30 days (December 18 - January 16) was $909,947, which is $195,346 (21.5%) lower than the average price of $1,105,293 in the previous 30 day period (November 18 - December 17), and $140,121 (15.4%) down from the same period 1 year ago ($1,050,068). North York real estate prices over the last 30 days are also $256,266 (28.2%) lower than the average selling price of $1,166,213 over the past year.

North York average sold price for homes was $1,437,467 in the last 30 days (December 18 - January 16), which is $319,185 (22.2%) down from the average home price of $1,756,652 in the previous 30 day period (November 18 - December 17), and $198,362 (13.8%) lower than the same period 1 year ago ($1,635,829). In the last 30 days North York the average home price was $396,998 (27.6%) lower than the average selling price of $1,834,465 over the last 12 months.

Average North York condo sold price over the last 30 days (December 18 - January 16) was $650,973. During this period it was $7,445 (1.1%) up from the average price of condo of $643,528 during the previous 30 days (November 18 - December 17), and $14,987 (2.3%) lower compared to the same period 1 year ago ($665,960). In the last 30 days North York the average condo price was $28,965 (4.4%) lower than the average selling price of $679,938 over the last year.

Average sold price of North York townhouse was $797,800 in the last 30 days (December 18 - January 16), down $88,360 (11.1%) from the average townhome price of $886,160 over the previous 30 days (November 18 - December 17), and $115,746 (14.5%) lower than during to the same period 1 year ago ($913,546). Over the last 30 days the average townhouse price in North York was $103,675 (13.0%) lower compared to the average selling price of $901,475 over the last 12 months.

Average selling price for North York real estate was $909,947 in the last 30 days (December 18 - January 16), which is collectively $25,668 (2.0%) lower than the average asking price of $1,311,053. This represents an increase of $5,533 (17.7%) compared to $31,201 (2.6%) Sold-Under-Asking price from the previous 30 day period (November 18 - December 17).

The maximum Sold Over/Under Asking ratio in North York during the last 12 months was recorded in March, 2024 with an average of $9,026 over the asking price, while the minimum occurring in December, 2024 with $33,016 below the asking price.

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 46.6% with 345 properties sold and 848 new properties listed in the past 30 days (December 18 - January 16). This represents a decrease from 67.7% recorded during the previous 30 day period (November 18 - December 17), and a decrease from 67.2% compared to the same period one year ago.

Over the the last year the highest SNLR in North York was 76.9% recorded in December and the lowest was in September at 28.4%. 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.

The Average Days on the Market (DOM) for 345 properties that were successfully sold in North York in the last 30 days (December 18 - January 16) was 42 days, which is 1 days more than 41 days average in the previous 30 day period (November 18 - December 17) and 0 days longer than during the same period a year ago (42 days).

There were 884 delisted properties in North York, those that got either Expired, Suspended or Terminated over the last 30 days (December 18 - January 16) with an average of 85 days on the market. This is 18 days longer than the average of 67 days during the previous 30 day period (November 18 - December 17) and 10 days more compared to the same period last year average of 75 days on the market.

884 North York properties that didn't sell stayed on the market 102.4% longer than 345 that sucessfully sold over the last 30 days - 42 days when sold vs 85 days when delisted respectively.

Average Days on the Market in North York over the past 12 months for properties that have sold was 28.8 days, with 59.2 days for those properties that did not sell.

741 new properties were listed on the market in North York in the last 30 days (December 18 - January 16). During the same time 345 properties were sold and 884 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 488 properties (or 65.9%).

During the previous 30 day period (November 18 - December 17) there were 848 new properties listed, 574 sold and 955 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 1,886 new properties listed, the slowest - December with 542 new listings and a yearly average of 1,377 new listings per month.

There were a total of 227 homes listed during the last 30 days (December 18 - January 16), which is 30.6% of all properties listed in North York. This is a 20.4% decline compared with a previous 30 day period (November 18 - December 17) and 83.1% up from the same period a year ago. Over the past year an average of 511 homes are were listed per month.

452 condo units were listed in the last 30 days (December 18 - January 16) in North York, which represents 61.0% of all new listings. This is down 6.4% from the prior 30 day period (November 18 - December 17) and 56.9% more compared to the same period last year. There were 727 condos listed per month on average during the last 12 months.

62 townhomes were listed over the last 30 days (December 18 - January 16) in North York, which is 8.4% of all new real estate inventory. This is a 22.5% less than during the previous 30 day period (November 18 - December 17) and 21.6% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 140 a month.

There were a total of 108 homes sold during the last 30 days (December 18 - January 16), which is 31.3% of all properties sold in North York. This is a 52.4% decline compared with a previous 30 day period (November 18 - December 17) and 6.1% down from the same period a year ago. Over the past year an average of 248 homes are were sold per month.

207 condo units were sold in the last 30 days (December 18 - January 16) in North York, which represents 60.0% of all sold properties. This is down 30.1% from the prior 30 day period (November 18 - December 17) and 26.2% more compared to the same period last year. There were 303 condos sold per month on average during the last 12 months.

30 townhomes were sold over the last 30 days (December 18 - January 16) in North York, which is 8.7% of all sold real estate. This is a 41.2% less than during the previous 30 day period (November 18 - December 17) and 6.2% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 58 a month.