FairbanksHousing market

Fairbanks

Fairbanks Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

4

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

15

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

63 active

New

54(+58.82% YoY)

Relisted

4(0% YoY)

Compared to number of active, same period, in 2024: 42, in 2023: 24, in 2022: 29

Total Sold Listings*

16 sold

Median Sold Price

$1,095,000

Avg Days on Market

15 days

Median Bidding

$550

Compared to number of sold, same period, in 2024: 16, in 2023: 18, in 2022: 26

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Fairbanks - All types

Sold vs Active vs New vs Relisted - Fairbanks - All types

Sold Price Distribution - Fairbanks - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Fairbanks - All types

Property type distribution based on data from the last 3 months.

Median Price - Fairbanks - All types

Just listed - Fairbanks

Home with vinyl exterior material, street for 534 Westmount Ave, Toronto Ontario M6E 3N7

1 day on market

Up to6K Cashback

534 Westmount Ave, Toronto

Semi-Detached2+22< 700 sq ft

Listed by RE/MAX PRIME PROPERTIES

Home with brick exterior material, street for 146 Ennerdale Rd, Toronto Ontario M6E 4C9

2 days on market

Up to11K Cashback

146 Ennerdale Rd, Toronto

Detached3+121100-1500 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Home with brick exterior material, street for 633 Lauder Ave, Toronto Ontario M6E 3J8

Re-listed 2 days ago

$•••,•••

Up to13K Cashback

633 Lauder Ave, Toronto

Detached3+121100-1500 sq ft

Listed by RE/MAX PREMIER INC.

Just sold - Fairbanks

Home with brick exterior material, street for 416 Lauder Ave, Toronto Ontario M6E 3J2

Sold 5 days ago

Sold for $1,100,416

$175K above asking

416 Lauder Ave, Toronto

Semi-Detached331100-1500 sq ft

Listed by FREEMAN REAL ESTATE LTD.

Home with brick exterior material, street for 25 Belgravia Ave, Toronto Ontario M6E 2M4

Sold 5 days ago

Sold for $1,120,000

$130K below asking

25 Belgravia Ave, Toronto

Detached2+12700-1100 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Unknown for 58 Chamberlain Ave, Toronto Ontario M6E 4K1

Sold 13 days ago

Sold for $1,159,700

$160K above asking

58 Chamberlain Ave, Toronto

Semi-Detached2+141100-1500 sq ft

Listed by HOMELIFE/CIMERMAN REAL ESTATE LIMITED

Population and Demographics

Overview

Total population 17400

Average household income $111,708

Age (%)

35 to 49

22%

20 to 34

22%

50 to 64

21%

0 to 19

18%

65 and plus

17%

Household composition (%)

Single family

61%

Single person

31%

Multi person

7%

Multi family

1%

Mother tongue (%)

English

50%

Portuguese

19%

Spanish

9%

Tagalog (Pilipino, Filipino)

6%

Italian

5%

Others

4%

Vietnamese

1%

House tenancy (%)

Owners

52%

Renters

48%

Top 4 Schools in Fairbanks

St Thomas Aquinas Catholic School636 Glenholme Ave, M6E 3G9, Toronto, ON

8.2/10

Public•JK-8

St John Bosco Catholic School75 Holmesdale Rd, M6E 1Y2, Toronto, ON

6.6/10

Public•JK-8

St Nicholas of Bari Catholic School363 Rogers Rd, M6E 1R6, Toronto, ON

4.4/10

Public•JK-8

D'Arcy McGee Catholic School20 Bansley Ave, M6E 2A2, Toronto, ON

3.2/10

Public•JK-8

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

5/5

All day-to-day needs are within walking distance

Transit Friendly

5/5

Near a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

5/5

At least one grocery store within a few minutes' walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

3/5

Variety of restaurants within walking distance