Newmarket MLS® Sold Data
0 Listings
About Newmarket Real Estate
The city of Newmarket has seen impressive growth over the past few decades. Its proximity to Toronto has been a major factor in the expansion of the city, as it's less than a forty-minute commute from Toronto. Potential buyers are looking to purchase properties in areas where their money can get them more. This can be seen in Newmarket. The average single-family home can be purchased for significantly less than in Toronto and some other cities in the GTA. The property inventory in the city is made up of a variety of homes, condominiums and townhouses, that range in price, size and location. Newmarket has seen property prices rise quite steadily in recent years, as the city has become a popular area for commuters to buy-in.
Understanding the Real Estate Market in Newmarket
Newmarket has increased its supply of living spaces to try and meet the rising demand. New housing developments are consistently under construction in Newmarket to allow prospective buyers to find a home that meets their current needs. With the increase of residents, the city has seen the number of attractions, establishments and activities rise. Newmarket is home to an array of authentic fine and casual-dining restaurants, bars, galleries, museums, local stores and one of the largest shopping centres in Canada, the Upper Canada Mall. Newmarket is also home to a variety of parks, conservation areas and trails to explore. Properties in Newmarket only stay on the market for an average of just over two weeks, as the city becomes more known as a great place to live, work and play.
Newmarket Real Estate Statistics
Newmarket real estate average sold price in the last 30 days (January 21 - February 19) was $1,114,719, which is $111,876 (10.0%) higher than the average price of $1,002,843 in the previous 30 day period (December 22 - January 20), and $48,436 (4.3%) down from the same period 1 year ago ($1,163,155). Newmarket real estate prices over the last 30 days are also $17,790 (1.6%) higher than the average selling price of $1,096,929 over the past year.
Newmarket average sold price for homes was $1,234,206 in the last 30 days (January 21 - February 19), which is $133,849 (10.8%) up from the average home price of $1,100,357 in the previous 30 day period (December 22 - January 20), and $45,822 (3.7%) lower than the same period 1 year ago ($1,280,028). In the last 30 days Newmarket the average home price was $34,284 (2.8%) higher than the average selling price of $1,199,922 over the last 12 months.
Average Newmarket condo sold price over the last 30 days (January 21 - February 19) was $519,500. During this period it was $87,166 (16.8%) down from the average price of condo of $606,666 during the previous 30 days (December 22 - January 20), and $104,500 (20.1%) lower compared to the same period 1 year ago ($624,000). In the last 30 days Newmarket the average condo price was $108,455 (20.9%) lower than the average selling price of $627,955 over the last year.
Average sold price of Newmarket townhouse was $948,423 in the last 30 days (January 21 - February 19), up $88,790 (9.4%) from the average townhome price of $859,633 over the previous 30 days (December 22 - January 20), and $24,473 (2.6%) higher than during to the same period 1 year ago ($923,950). Over the last 30 days the average townhouse price in Newmarket was $44,142 (4.7%) higher compared to the average selling price of $904,281 over the last 12 months.
Newmarket Condos (7)
Newmarket Townhomes (12)
Newmarket Homes (121)
Newmarket Rentals (19)
Bathurst & Davis (34)
Bathurst & Mulock (11)
Bayview & Mulock (27)
Eagle & Yonge (9)
Gorham & Leslie (7)
Leslie & Davis (24)
Leslie & Mulock (18)
Main & Davis (19)
Yonge & Davis (52)
Yonge & Mulock (32)