Nikolay and Tatiana Team

Newmarket Real Estate Market Update For March 2022

Newmarket Real Estate Statistics is here .

Check the video for the detailed real estate market analyses for March 2022 in Newmarket, Ontario

In total 154 homes were sold.

99 of those were detached with an average price of $1 553,000 .

Equal number of townhomes and semis were sold -21 and the average price for a semi reached $1,131.000 and $1.177.00 million dollars for a townhouse. On the condo market, the number of sales was similar to February – 5 condo apartments and 8 condo townhomes sold,
average price for a condo unit was $693 000 and for a townhouse $1.011, 000.

Compared to January and February this year, the speed of sales slowed down a bit with most homes being on the market 9 days compared to 6 during winter months.

The average price for any type of home also dipped down from almost $1.500,000 in Ferbuary to $1,370.000 in March.

It is an excellent market to buy right now with a more generous inventory compared to winter.
You are always welcome with any questions about buying, selling or investing in real estate.
Call us 647-833-3287 with all you real estate questions!

CLICK HERE TO VIEW HOMES FOR SALE IN NEWMARKET ONTARIO

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