Newmarket home prices drop 3.7 per cent to $1.16 million (April 2023)

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Newmarket home prices drop 3.7 per cent to $1.16 million (April 2023)
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The average price for a home in Newmarket was $1.16 million in April 2023, according to the Toronto Regional Real Estate Board. That’s down 3.7 per ce...

The average price for a home in Newmarket was $1.16 million in April 2023, according to the Toronto Regional Real Estate Board. That’s down 3.7 per cent or $44,464 from March 2023 and down 8.8 per cent or $111,210 compared to April 2022.

Detached houses averaged $1.33 million, up 1.9 per cent or $24,969 month-over-month but down 4.6 per cent or $63,913 year-over-year. There were 72 detached house sales and after an average of 11 days on the market and 64 active listings at the end of the month. Attached houses averaged $1.06 million, up 6 per cent or $60,539 month-over-month but down 3.5 per cent or $38,005 year-over-year. There were 12 attached house sales after an average of 12 days on the market and six active listings at the end of the month.

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