YK Market Quarter 3 Stats
Wrapping up the 3rd quarter of the year Yellowknife real estate stats are all positive! Total sales, average sale price & total new listings are all up and average time on market is coming down signifying high demand across all four metrics. In the 3rd quarter of 2024 we saw a total of 75 properties sold in arms length transactions with an average sale price of $521,138, up 5% from this same time last year. Average days on market is down to 53 days for sold listings in the 3rd quarter, down only 1% but nonetheless signifying a stronger market heading into the winter than seen in 2025.
With these strong market numbers coupled with the bank of Canada trend setting rates continuing to decrease, ( leading to the chartered banks lowering their mortgage rates ), and with strong local employment figures the Yellowknife real estate market appears to be strong as we head into 2025.
For more info on the Yellowknife real estate market call one of our realtors today!
