$2,750,000
Municipality
North Bay Real Estate
Nipissing Region
191Active
1,668Sold
12Leased
23Buildings
8Communities
North Bay Market
Updated Aug 22, 2026
Condos
Median sale price
$291K
Median PSF (est.)▼ 6.8%
$307/sqft
Price trend
Sold last 90 days
19
Active listings
8
Months of inventory
0.7
Avg days on market
28
Sale-to-list ratio
99.24%
Absorption rate
137.5%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 5.00% · End-user: 95.00% (from 19 sales, 1 leases)
Price reductions (90d)
Price-reduction rate: 15.79%
Avg reduction: $14,533 (4.81%)
Monthly reduction trend
2024-09: 12.5% (8 listings) · avg $24,900
2024-10: 0.0% (5 listings)
2024-11: 14.3% (7 listings) · avg $20,000
2024-12: 0.0% (4 listings)
2025-01: 0.0% (3 listings)
2025-03: 33.3% (3 listings) · avg $6,900
2025-04: 0.0% (5 listings)
2025-05: 10.0% (10 listings) · avg $9,901
2025-06: 25.0% (4 listings) · avg $7,400
2025-07: 37.5% (8 listings) · avg $13,033
2025-08: 14.3% (7 listings) · avg $10,100
2025-09: 0.0% (6 listings)
2025-10: 20.0% (5 listings) · avg $44,900
2025-11: 0.0% (7 listings)
2025-12: 20.0% (5 listings) · avg $25,000
2026-01: 0.0% (3 listings)
2026-02: 33.3% (6 listings) · avg $7,500
2026-03: 16.7% (6 listings) · avg $24,900
2026-04: 20.0% (5 listings) · avg $10,000
2026-06: 0.0% (3 listings)
2026-07: 12.5% (8 listings) · avg $20,000
2026-08: 33.3% (6 listings) · avg $11,800
Re-entries (past 12 months)
Re-entries: 1 of 128 sold · rate 0.78%
Avg price change: +$27,000 (+8.06%)
Supply vs demand by unit type (90d)
Sample: 8 active listings · 19 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 2 active / 0 sold · mismatch +25.00%
2br: 3 active / 10 sold · mismatch -15.13%
3br: 3 active / 9 sold · mismatch -9.87%
Concession pattern by unit type (90d)
1br (16 sales) — 56.25% closed with concessions, avg 2.95% below ask
2br (68 sales) — 52.94% closed with concessions, avg 3.55% below ask
3br (44 sales) — 63.64% closed with concessions, avg 4.77% below ask
Seasonality (annual pattern)
Historically strongest months: Sep, Jun, Nov
Historically weakest months: Jul, Feb, Mar
Annual averages: DOM 31.2d · sale-to-list 99.24% (n=128)
Monthly detail
Jan · 6 sales · DOM 26.7d · STL 98.34%
Feb · 8 sales · DOM 57.1d · STL 97.48%
Mar · 9 sales · DOM 72.0d · STL 97.69%
Apr · 10 sales · DOM 21.5d · STL 99.99%
May · 12 sales · DOM 22.7d · STL 99.85%
Jun · 7 sales · DOM 20.3d · STL 100.36%
Jul · 16 sales · DOM 49.6d · STL 95.91%
Aug · 13 sales · DOM 29.2d · STL 99.75%
Sep · 14 sales · DOM 12.8d · STL 102.14%
Oct · 10 sales · DOM 25.2d · STL 100.92%
Nov · 14 sales · DOM 21.1d · STL 100.91%
Dec · 9 sales · DOM 22.3d · STL 96.69%
Homes
Median sale price
$460K
Median PSF (est.)▲ 11.0%
$425/sqft
Price trend
Sold last 90 days
181
Active listings
108
Months of inventory
1.5
Avg days on market
25
Sale-to-list ratio
101.21%
Absorption rate
67.6%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 0.55% · End-user: 99.45% (from 181 sales, 1 leases)
Price reductions (90d)
Price-reduction rate: 16.02%
Avg reduction: $33,240 (5.82%)
Monthly reduction trend
2024-08: 18.8% (32 listings) · avg $40,667
2024-09: 12.7% (55 listings) · avg $31,857
2024-10: 13.5% (74 listings) · avg $72,800
2024-11: 11.5% (52 listings) · avg $19,167
2024-12: 19.5% (41 listings) · avg $67,500
2025-01: 8.3% (24 listings) · avg $25,000
2025-02: 25.0% (12 listings) · avg $13,000
2025-03: 18.2% (22 listings) · avg $34,975
2025-04: 15.6% (32 listings) · avg $21,200
2025-05: 11.4% (44 listings) · avg $21,000
2025-06: 4.9% (61 listings) · avg $13,000
2025-07: 9.4% (85 listings) · avg $25,138
2025-08: 11.7% (77 listings) · avg $27,889
2025-09: 17.2% (58 listings) · avg $29,334
2025-10: 11.4% (88 listings) · avg $25,340
2025-11: 21.6% (37 listings) · avg $35,713
2025-12: 19.5% (41 listings) · avg $23,125
2026-01: 27.6% (29 listings) · avg $22,113
2026-02: 12.5% (24 listings) · avg $39,700
2026-03: 0.0% (28 listings)
2026-04: 14.3% (28 listings) · avg $26,250
2026-05: 17.1% (41 listings) · avg $41,429
2026-06: 12.3% (57 listings) · avg $26,714
2026-07: 20.3% (59 listings) · avg $41,829
2026-08: 16.3% (49 listings) · avg $30,000
Re-entries (past 12 months)
Re-entries: 22 of 1,150 sold · rate 1.91%
Avg price change: +$54,448 (+16.88%)
Seasonality (annual pattern)
Historically strongest months: Aug, Jun, May
Historically weakest months: Dec, Jan, Feb
Annual averages: DOM 24.1d · sale-to-list 101.21% (n=1,150)
Monthly detail
Jan · 53 sales · DOM 29.0d · STL 100.06%
Feb · 36 sales · DOM 35.9d · STL 99.19%
Mar · 50 sales · DOM 28.7d · STL 99.93%
Apr · 60 sales · DOM 23.1d · STL 100.22%
May · 85 sales · DOM 22.4d · STL 102.65%
Jun · 118 sales · DOM 22.0d · STL 102.59%
Jul · 144 sales · DOM 22.8d · STL 101.52%
Aug · 158 sales · DOM 20.1d · STL 101.09%
Sep · 113 sales · DOM 23.3d · STL 101.54%
Oct · 162 sales · DOM 22.5d · STL 102.00%
Nov · 89 sales · DOM 26.9d · STL 99.99%
Dec · 82 sales · DOM 28.8d · STL 99.82%
Communities in North Bay
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About North Bay Real Estate
Discover real estate in North Bay, located in Nipissing. With 191 active listings across 23 condo buildings, find condos, townhouses, and detached homes with comprehensive market intelligence, price history, and investment analysis.
North Bay has seen 1,680 completed transactions recently, with 1,668 sold and 12 leased properties providing rich comparable data for accurate valuations.























