Thunder BayHousing market

Thunder Bay

Thunder Bay Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

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.

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*

8 active

New

3(-50.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 17, in 2023: 11, in 2022: 6

Total Sold Listings*

- sold

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: 0, in 2023: 1, in 2022: 0

*Data is for the month of March

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

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

Sold Price Distribution - Thunder Bay - All types

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

Property Type Distribution - Thunder Bay - All types

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

Median Price - Thunder Bay - All types

Just listed - Thunder Bay

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 2613 Trans Canada Highway, Orleans Ontario K4C 1B3

22 days on market

2613 Trans Canada Highway, Orleans

Detached2+13- sq ft

Listed by ENGEL & VOLKERS OTTAWA

Unknown for 30 Flicker St, Manitouwadge Ontario P0T 2C0

Re-listed 34 days ago

$•••,•••

30 Flicker St, Manitouwadge

Detached21- sq ft

Listed by SPENCER GROUP INC., REALTY

Unknown for 215 Cumming St, Thunder Bay Ontario P7C 1N8

39 days on market

$•••,•••

215 Cumming St, Thunder Bay

Detached321100-1500 sq ft

Listed by SOLID ROCK REALTY

Just sold - Thunder Bay

Home with vinyl exterior material, street for 259 Carl Ave, Thunder Bay Ontario P7B 4Z3

Sold 9 days ago

Sold for $590,000

$10K below asking

259 Carl Ave, Thunder Bay

Detached2+331100-1500 sq ft

Listed by REAL BROKER ONTARIO LTD.

Frontside or backside of a home, the front or back of building for 179 VALLEY St, Thunder Bay Ontario P7B 2A9

Sold 57 days ago

Sold for $552,900

179 VALLEY St, Thunder Bay

Detached3+1-- sq ft

Listed by EXP REALTY

Shed for Lot 11 Papakomeka Lk Rd, Timmins Ontario P4N 7C2

Sold 105 days ago

Sold for $155,000

Lot 11 Papakomeka Lk Rd, Timmins

Detached11< 700 sq ft

Listed by REVEL REALTY INC.

Top 5 Schools in Thunder Bay

St Paul Catholic Elementary School539 Grenville Ave, P7A 2C3, Thunder Bay, ON

9.6/10

Public•JK-6

St Francis Catholic Elementary School600 W Redwood Ave, P7C 5G1, Thunder Bay, ON

7.7/10

Public•JK-6

Nor'wester View Public School1946 Mountain Rd, P7J 1C8, Thunder Bay, ON

7.4/10

Public•JK-8

Holy Family Catholic Elementary School2075 Rosslyn Road, P7K 1H7, Thunder Bay, ON

7.3/10

Public•JK-6

Woodcrest Public School867 Woodcrest Road, P7G 1J2, Thunder Bay, ON

7.3/10

Public•JK-8