Humber Real Estate Market Trends and Average Listings Price

Humber real estate market offers a diverse range of options, from homes to townhomes and condos, catering to a variety of preferences. While there has been a slight decrease in average listing prices, the market remains stable with consistent demand and predictable pricing, making Humber City an attractive destination for homebuyers and investors alike.
 
1. Listings on the Market:
Humber City, known for its diverse real estate options, presents an intriguing snapshot of its current market. Here’s a breakdown of the trends in Humber City’s homes, townhomes, and condos:
 
Humber City currently has 156 homes listed on the market, offering a variety of housing options to potential buyers.
 
There are 52 townhome listings available, catering to those looking for a more communal and cozy living style.
 
Humber City features 78 condo listings, providing an attractive and maintenance-free housing choice.
 
2. Average Listing Price in the Last Month:
The average listing price for homes in the last month stood at $1,025,000, making it a desirable market for homeowners.
 
Townhomes in Humber City had an average listing price of $850,000 in the last month, offering a more affordable alternative to homes.
 
Condos had an average listing price of $625,000 in the last month, providing an accessible option for those looking for a more compact living arrangement.
 
3. Change in Average Listing Price:
Humber City has experienced a slight decrease of -1.3% in the average listing price for homes over the last month.
 
Townhomes also witnessed a modest decrease of -0.8% in their average listing price during the same period.
 
Condos saw a 1.2% decrease in their average listing price in the last month.
 
4. Average SOLD Price in the Last Month:
Homes in Humber City sold at an average price of $1,040,000 in the last month, showing a stable market.
 
Townhomes sold at an average price of $855,000, reflecting consistency in this housing segment.
 
Condos sold at an average price of $627,500 in the last month, indicating a predictable market.
 
5. Change in Average SOLD Price:
The average sold price for homes in Humber City showed a modest 0.1% increase over the last month, indicating stability.
 
Townhomes experienced a 0.5% increase in their average sold price, showcasing resilience in this market.
 
Condos saw a 0.7% increase in their average sold price, emphasizing steady demand.
 
Inventory & SOLD Statistics:
In the last 30 days, Humber City has seen 156 new home listings and 48 homes sold. The average days on the market for homes were 22 days, with a selling-to-listing price ratio of 99.9%.
 
There were 52 new townhome listings and 20 townhomes sold in the last 30 days. Townhomes had an average of 23 days on the market, with a selling-to-listing price ratio of 100.1%.
 
There were 78 new condo listings and 28 condos sold in the last 30 days. Condos had an average of 25 days on the market, with a selling-to-listing price ratio of 100.4%.