What Are Average Sale Prices These Days While Mortgage Rates Are High?
Here is the latest update on the average sales prices of various property types bought and sold from December 2022 - January 2023.
Please note that these statistics are based on total units sold of each property type between December 2002 and January 2023.
Residential Market
| Property Type | December 2022 - Average Sales Price | January 2023 - Average Sales Price |
| 1 1/2-Storey Detached | $375,226 | $350,921 |
| 2-Storey Detached | $699,743 | $771,469 |
| Bungalows | $569,854 | $552,362 |
| 2-Storey Townhomes | $594,898 | $577,400 |
| 3-Storey Townhomes | $547,907 | $595,658 |
| Semi-Detached | $560,553 | $607,282 |
Condo Market
| Property Type | December 2022 - Average Sales Price | January 2023 - Average Sales Price |
| Apartment/One-Level | $457,713 | $406,644 |
| 2-Storey Townhomes | $408,807 | $399,125 |
