2025 Yellowknife Real Estate Market to date
Yellowknife Real Estate January 1st – September 17th
What an amazing year its been so far. 2025 has been incredibly busy for us at Coldwell Banker and we are truly grateful to all our clients for making it such a great year so far! This year the Yellowknife real estate market to date has seen 245 firm sales, 10 currently conditional pending sales and a very small amount of currently active listings sitting at 29 listings currently available in Yellowknife. Here are just a few interesting stats for you to consider as we head into the fall market which tends to slow down a bit.
The average listed price of homes sold in 2025 to date is $540,196 and the average selling price of those same homes was $538,081. Which means on average this year homes have sold at 99.6%. This means that there has been very little room for negotiations this year. At times this year we saw the average selling price of home in Yellowknife actually sitting ABOVE the average listed price, meaning on average at times this year home were selling above their listed price, often in multiple offer scenarios. We have seen many multiple offer sales take place this year. So far to date we the Yellowknife real estate market have seen about the same levels of activity as we saw around November of 2024, making this year a much busier year than last.
Average Days On Market for home sold this year sits at 40. Last year the average Days On Market for homes sold in 2024 was just over 50, meaning not only have prices gone up but homes are also selling faster. The average sale price of homes sold in 2024 was approximately $516,000 compared to $538,081 this year representing an increase in home sale prices of almost 5%, and the years not done yet!
Our market continues its healthy trend upwards in price and sustainable levels of buyer activity keep our market rolling into the Fall. Sales levels have likely peaked with new listings and sales starting to slow, buyer activity will slow with less inventory to view and many purchasers preferring not to be moving in the colder months.
This is just a quick glimpse into what has taken place so far this calendar year, for more information and for a detailed plan for your own real estate goals we encourage you to reach out to one of Yellowknife’s Top Selling salespeople as we continue to carry the torch as Yellowknifes Top Selling brokerage. All data and information is based on 2025 to date MLS Sales Data provided by Xposure.
