$1,110,000
Community
Central Real Estate
North Bay, Nipissing
35Active
336Sold
1Leased
4Buildings
Central Market
Updated Aug 23, 2026
Condos
Median sale price
$258K
Median PSF (est.)▲ 7.5%
$344/sqft
Sold last 90 days
1
Active listings
1
Months of inventory
1.0
Avg days on market
9
Sale-to-list ratio
96.54%
Absorption rate
100.0%
Market Insights
Price reductions (90d)
Price-reduction rate: 0.00%
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $344 — +11.88% vs municipality avg ($307)[premium]
Supply vs demand by unit type (90d)
Sample: 1 active listings · 1 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 1 active / 0 sold · mismatch +100.00%
2br: 0 active / 1 sold · mismatch -100.00%
3br: 0 active / 0 sold · mismatch +0.00%
Concession pattern by unit type (90d)
1br (4 sales) — 50.00% closed with concessions, avg 4.35% below ask
2br (9 sales) — 100.00% closed with concessions, avg 4.29% below ask
Seasonality (annual pattern)
Historically strongest months: Jul, Sep, Dec
Historically weakest months: Oct, Nov, Feb
Annual averages: DOM 33.1d · sale-to-list 96.54% (n=13)
Monthly detail
Feb · 2 sales · DOM 83.0d · STL 96.51%
Mar · 1 sales · DOM 41.0d · STL 92.54%
May · 1 sales · DOM 38.0d · STL 96.39%
Jul · 1 sales · DOM 9.0d · STL 99.27%
Sep · 3 sales · DOM 10.3d · STL 97.56%
Oct · 1 sales · DOM 44.0d · STL 95.42%
Nov · 1 sales · DOM 52.0d · STL 95.69%
Dec · 3 sales · DOM 16.7d · STL 96.65%
Homes
Median sale price
$350K
Median PSF (est.)▼ 7.1%
$277/sqft
Price trend
Sold last 90 days
37
Active listings
25
Months of inventory
1.4
Avg days on market
28
Sale-to-list ratio
101.72%
Absorption rate
72.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 0.00% · End-user: 100.00% (from 37 sales, 0 leases)
Price reductions (90d)
Price-reduction rate: 27.03%
Avg reduction: $20,900 (5.32%)
Monthly reduction trend
2024-08: 0.0% (5 listings)
2024-09: 12.5% (16 listings) · avg $21,500
2024-10: 10.5% (19 listings) · avg $14,550
2024-11: 16.7% (6 listings) · avg $10,000
2024-12: 40.0% (10 listings) · avg $22,475
2025-01: 0.0% (7 listings)
2025-03: 33.3% (6 listings) · avg $27,500
2025-04: 9.1% (11 listings) · avg $30,000
2025-05: 0.0% (9 listings)
2025-06: 8.3% (12 listings) · avg $20,000
2025-07: 5.6% (18 listings) · avg $29,100
2025-08: 6.3% (16 listings) · avg $20,000
2025-09: 30.0% (10 listings) · avg $21,333
2025-10: 6.7% (15 listings) · avg $20,000
2025-11: 37.5% (8 listings) · avg $31,633
2025-12: 12.5% (8 listings) · avg $10,000
2026-01: 33.3% (9 listings) · avg $19,967
2026-02: 0.0% (5 listings)
2026-03: 0.0% (11 listings)
2026-04: 20.0% (5 listings) · avg $50,000
2026-05: 42.9% (7 listings) · avg $28,333
2026-06: 18.2% (11 listings) · avg $13,000
2026-07: 33.3% (15 listings) · avg $20,600
2026-08: 25.0% (8 listings) · avg $30,000
Re-entries (past 12 months)
Re-entries: 6 of 249 sold · rate 2.41%
Avg price change: +$24,700 (+7.60%)
Median PSF (est.) vs parent area
Median PSF: $277 — -34.84% vs municipality avg ($425)[discount]
Seasonality (annual pattern)
Historically strongest months: Aug, Jun, Oct
Historically weakest months: Dec, Nov, Feb
Annual averages: DOM 27.1d · sale-to-list 101.72% (n=249)
Monthly detail
Jan · 16 sales · DOM 31.8d · STL 100.33%
Feb · 7 sales · DOM 40.9d · STL 98.02%
Mar · 17 sales · DOM 28.3d · STL 100.20%
Apr · 16 sales · DOM 24.6d · STL 101.53%
May · 16 sales · DOM 33.9d · STL 104.27%
Jun · 23 sales · DOM 20.5d · STL 106.32%
Jul · 33 sales · DOM 25.1d · STL 101.81%
Aug · 29 sales · DOM 20.3d · STL 100.27%
Sep · 26 sales · DOM 26.5d · STL 101.83%
Oct · 34 sales · DOM 24.1d · STL 102.72%
Nov · 14 sales · DOM 36.3d · STL 96.79%
Dec · 18 sales · DOM 35.6d · STL 101.79%
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About Central Real Estate
Explore 35 active listings in Central, located in North Bay. Browse 4 condo buildings, compare 31 properties for sale and 4 for lease, and find your next home with detailed market data and price estimates.
Central has seen 337 completed transactions recently, with 336 sold and 1 leased properties providing rich comparable data for accurate valuations.























