Yellowknife Real Estate Market Update April 3 2024

Yellowknife Real Estate Market Update April 3 2024

Hey all thank you for checking out this weeks Yellowknife Real Estate Market Update!

This past week Yellowknife saw 9 new listings hit the market, 1 of which sold unconditionally the first day listed, another with an accepted offer already. Average list price of new listings this past week is $498,812

Yellowknife saw 8 conditional sales and 1 firm sale this past week. 

The Yellowknife Real Estate market is seemingly getting busier and busier though the numbers dont necessarily reflect that for the past week as we come of Easter weekend. We are starting to see more and more inventory in the market and anything priced well between 200-450k is selling very very quickly and in many cases over asking/in multiple offers. 

How can you ensure you win a multiple offer scenario on a Yellowknife home for sale? Have your pre approval ready and in place, review any condo documents available prior to offer review and get a pre offer inspection if you feel you need an inspection and have a high interest in the home! 

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