Residential sales activity in the Thunder Bay area rose in the fourth quarter of 2024 compared to the fourth quarter of 2023.
Residential property sales numbered 495 units in the fourth quarter of 2024, accelerating 10.2% compared to the same quarter in 2023.
Single detached home sales rose 9.7% in the fourth quarter of 2024.
Annually, residential property sales numbered 2,050 units in all of 2024. This was up 2.6% compared to the 1,999 units recorded in 2023.
| Summary – Sales and Median Price / Single Detached | |||
|---|---|---|---|
| Category | Q4-2024 | Q4-2023 | Year-over-year % change |
| Unit Sales | 420 | 383 | 9.7 |
| Median Sale Price | $330,500 | $299,999 | 10.2 |
