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North Bay Real Estate Board Market Stats
For May 2024

Official market update for May 2024. This update includes the entire North Bay Real Estate board as a whole

(including outskirts and all property types)

In April, we had 138 new listings, and in May, that number jumped to 166. More options for buyers! 🏘️ Sales have been brisk too, with 99 homes sold in May compared to 81 in April. The sales ratio edged up slightly from 101.3% to 102.1%, showing a continued strong demand. 📈
While the average sales price dipped to $460,737 from April’s $491,669, the price per square foot rose to $316 from $305, reflecting a shift in the types of properties being sold. 🏡✨ Plus, homes are selling faster than ever, with the average days on market dropping from 33 to just 23 days!
The market is buzzing with activity! Now’s a great time to make your move. 🏠

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