Thunder Bay Real Estate Market Week in Review

A Recap of the March 2017 Real Estate Market in Thunder Bay

Here is a recap of the March 2017 Real Estate Market in Thunder Bay;

Residential Detached;

  • There were a total of 170 detached residential homes listed in March
  • 74.12% of those homes sold- 126
  • Average list price was $265,481
  • Average sale price was $258,688
  • Sale Price to List Price Ratio of %97.44
  • Average days on market for those homes that sold was 34
  • Average list price of those homes not sold was $271,754

Residential Semi Detached;

  • There were a total of 4 semi detached residential homes listed in March
  • 75% of which sold- 3
  • Average list price was $159,933
  • Average sale price was $150,333
  • Sale Price to List Price Ratio of 94%
  • Average days on market for those homes that sold was 73
  • List price of the unsold semi detached was $349,950

Residential Condominium;

  • There were 14 units listed in March
  • 71.43% of which sold- 10
  • Average list price was $220,810
  • Average sale price was $214,190
  • Sale Price to List Price Ratio of 97%
  • Average days on market for those units that sold was 54
  • Average list price of those units not sold was $244,300

 

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