North Bay and Area REALTORS® Association MLS® home sales recover from the decline in March
The number of homes sold through the MLS® System of the North Bay and Area REALTORS® Association totaled 107 units in April 2026. This was a small gain of 1.9% (two sales) from April 2025.
Home sales were 2.4% below the five-year average and 12% below the 10-year average for the month of April.
On a year-to-date basis, home sales totaled 299 units over the first four months of the year. This increased by 6% from the same period in 2025.
The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite/single-family benchmark price was $429,300 in April 2026, a small gain of 1.8% compared to April 2025.
The average price of homes sold in April 2026 was $542,422, a gain of 14.1% from April 2025.
The more comprehensive year-to-date average price was $501,833, up by 6.4% from the first four months of 2025.
The dollar value of all home sales in April 2026 was $58 million, an increase of 16.3% from the same month in 2025.
The number of new listings saw a sizable gain of 28.8% from April 2025. There were 206 new residential listings in April 2026. This was the largest number of new listings added in the month of April in five years.
New listings were 22% above the five-year average and 14.1% above the 10-year average for the month of April.
Active residential listings numbered 317 units on the market at the end of April, increasing by 23.3% from the end of April 2025. Active listings haven’t been this high in the month of April in more than five years.
Active listings were 40.3% above the five-year average and 4.9% above the 10-year average for the month of April.
Months of inventory numbered 3 at the end of April 2026, up from the 2.4 months recorded at the end of April 2025 and above the long-run average of 2.7 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
BOARD & ASSOCIATION INFORMATION
Established in 1957, the North Bay and Area REALTORS® Association represents approximately 160 REALTORS®. North Bay centers an area bound by Mattawa on the east, Verner on the west, Powassan on the south and Temagami on the north.
North Bay and Area REALTORS® Association
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For more information,
please contact:
Jolene Greer
Executive Officer
(705) 472-6812
eo@nbara.ca
Anita Kapitanchuk
