Yellowknife Real Estate Update May 21 2024

Yellowknife Real Estate Market Update Blog May 21 2024

Thank you for having a peek at this weeks Yellowknife Real Estate market update blog. The past 2-3 weeks in Yellowknife real estate have been a bit up and down. We had a very very strong and active market for the back half of April and things seemed to slow down as we got into the second week of May. Listings over $650,000 have slowed in terms of sales and activity. Homes in the 350,000 to 500k price range continue to move swiftly with high interest. Heres the numbers for the past 14 days in Yellowknife Real Estate! 

Over the past 14 days Yellowknife has seen 15 new listings hit the market with 6 having already received accepted offers. Of those 15 new listings 8 are Coldwell Banker listings. Average price of new listings over the past 2 weeks was $489,133.

Over the same time period Yellokwnife saw 14 conditional sales and 10 unconditional sales take place. Average listing price of sold homes being $519,250 and average sale price being HIGHER at $520,230. This past 2 weeks Yellowknifes home were on average selling at or ABOVE listed price.  

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