North BayHousing market

North Bay

North Bay Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

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.

17

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*

78 active

New

69(-10.39% YoY)

Relisted

1(-50.00% YoY)

Compared to number of active, same period, in 2024: 29, in 2023: 7, in 2022: 3

Total Sold Listings*

46 sold

Median Sold Price

$405,050

Avg Days on Market

17 days

Median Bidding

$3,250

Compared to number of sold, same period, in 2024: 45, in 2023: 46, in 2022: 94

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - North Bay - All types

Sold Price Distribution - North Bay - All types

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

Property Type Distribution - North Bay - All types

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

Median Price - North Bay - All types

Just listed - North Bay

Home with brick exterior material, street for 515 Stockdale Rd, North Bay Ontario P1B 6L1

34 mins on market

515 Stockdale Rd, North Bay

Detached21700-1100 sq ft

Listed by REALTY EXECUTIVES Local Group Inc. Brokerage

Unknown for 643 Bromley Ave, North Bay Ontario P1B 9J1

4 hours on market

643 Bromley Ave, North Bay

Semi-Detached2+12700-1100 sq ft

Listed by Century 21 Blue Sky Region Realty Inc., Brokerage

Unknown for 1123 Haviland Ave, North Bay Ontario P1B 6W7

4 hours on market

1123 Haviland Ave, North Bay

Detached3+12700-1100 sq ft

Listed by Royal LePage Northern Life Realty, Brokerage

Just sold - North Bay

Unknown for 935 Stockdale Rd #202, North Bay Ontario P1B 9L7

Sold 20 hours ago

Sold for $325,000

935 Stockdale Rd #202, North Bay

Condo21800-899 sq ft

Listed by RE/MAX CROWN REALTY (1989) INC

Home with brick exterior material, building for 1129 Fisher St, North Bay Ontario P1B 2G8

Sold for $269,000

$69K above asking

1129 Fisher St, North Bay

Detached411100-1500 sq ft

Listed by Century 21 Blue Sky Region Realty Inc., Brokerage

Unknown for 420 Elmwood Ave, North Bay Ontario P1B 9N4

Sold for $690,000

$10K below asking

420 Elmwood Ave, North Bay

Detached3+141500-2000 sq ft

Listed by Century 21 Blue Sky Region Realty Inc., Brokerage

Population and Demographics

Overview

Total population 51969

Average household income $105,004

Age (%)

65 and plus

22%

50 to 64

21%

20 to 34

20%

0 to 19

20%

35 to 49

17%

Household composition (%)

Single family

58%

Single person

36%

Multi person

6%

Multi family

0%

Mother tongue (%)

English

83%

French

12%

English and French

2%

Others

2%

House tenancy (%)

Owners

59%

Renters

41%

Top 5 Schools in North Bay

École Secondaire Publique Odyssée480 Norman ave, P1B 0A8, North Bay, ON

6.1/10

Public•9-12

Vincent Massey Public School15 Janey Ave, P1C 1N1, North Bay, ON

6.1/10

Public•JK-6

St. Luke Separate School225 Milani Road, P1B 7P4, North Bay, ON

6/10

Public•JK-8

Our Lady of Fatima Separate School60 Marshall Ave, P1A 1R1, North Bay, ON

5.8/10

Public•JK-8

West Ferris Secondary School60 Marshall Pk Dr, P1A 2P2, North Bay, ON

5.5/10

Public•9-12

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

1/5

Other transportation modes are needed to reach day-to-day needs

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

1/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance