Ads Google

Yellowknife, NT

Updated: Aug 2016
House
Median price
Monthly growth
Quarterly trend
Stock on market
Apartment
Median price $336,950
Monthly growth 22.52 %
Quarterly trend
Stock on market 0.03%

Yellowknife Home Price

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

Is Yellowknife a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

When looking across the province, Yellowknife is the 1st most expensive in Northwest Territories.

Want a cheaply priced house? Then at $336,950 this month, Yellowknife, Northwest Territories is definitely not for you price wise.

Across Northwest Territories Yellowknife has the 1st most properties on offer with 1.

As one of Northwest Territories’s many potential real estate investment neighbourhoods, Yellowknife needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Yellowknife, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 3, this month we show 2.

Beds Median price (House) Median price (Apartment)
3 bedrooms $459,450
Demographics
  • Population in 201119234
  • Population in 200618700
  • 2006 to 2011 population change (%)2.9
  • Total private dwellings7286
  • Private dwellings occupied by usual residents6938
  • Population density per square kilometre182.4
  • Land area (square km)105.44