Yellowknife Real Estate Market Update March 27 2024

Yellowknife Real Estate Market Update March 27 2024

Hello and thank you for reading the Yellowknife Real Estate Market Update for the 2 weeks preceeding March 27 2024. The real estate market is up and kicking, properties below 500k are selling quickly and in many cases in multiple offers. Homes above 500k if priced well are having a similar result albeit in some cases its taking a bit longer and small bits are shaved off the listed price.

The past 2 weeks brought 15 new listings on the market, 2 of which already have accepted offers. Average price of these new listings is $546,733.33

Over the same time period we saw 13 sales go through. Average list price of these 13 sales was $539,491.67 and the average sale price of those same listings is $542,300. This means the average listing these past 2 weeks sold for more than it was listed for! 

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