Yellowknife Real Estate Market Update July 21 2023

Yellowknife Real Estate Market Update July 21 2023

Hello All, here is your weekly Yellowknife housing market update for the week of July 21 2023. This week has been busy, many showings, a few listing appointments and tons going on!

We saw 6 new listings hit the market here in Yellowknife this week, 1 of which already has an accepted offer. Average list price of new listings this week is $489,100

We saw 4 conditional sales and 11 firm sales this week. Average list price of those sold was $547,300 and the average selling price of those sold listings was $543,581. On average homes in Yellowknife are selling within $5000 of their listed price. Average days on market for these properties was 46 days, including on average 14 days for subject removals. 

So on average most homes are being sold within 30 days of list and typically quite close to their listed price here in Yellowknife!