Yukon’s real estate market continues to grow

Yukon's real estate market grew for the third straight quarter this year, totaling $85.6 million in transactions.

Yukon’s real estate market grew for the third straight quarter this year, totaling $85.6 million in transactions.

That’s an increase of 12.6 per cent, or $9.6 million, over the same period of time in 2014, according to the Yukon Bureau of Statistics.

Just over $67 million of those sales were in Whitehorse, while $18.5 million were in the rest of the territory.

Single-detached homes in Whitehorse became slightly cheaper in the third quarter of 2015.

The average price was $419,700, compared to $428,000 the previous quarter.

Granger homes had the highest average sale price at $522,000 while downtown homes had the lowest at $329,400.

The average price of a single-detached home in a country residential area – Wolf Creek, Pineridge, Mary Lake, MacPherson and Hidden Valley, for example – continued to fluctuate dramatically.

The price went from $458,900 in the first quarter of 2015, to $529,600 in the second and back down to $471,600 in the third.

It became slightly more expensive to purchase a condo or a duplex in July, August and September.

The average price of a duplex increased to $310,600, up from $302,600 in the previous quarter.

But that didn’t affect duplex sales, which were up for the third straight quarter totaling $4.7 million.

The average condo price was $318,100, an increase of $4,600 over the previous quarter. More condos were sold in the third quarter (50) than in the second (45).

A total of 205 real estate transactions were made in Whitehorse during the third quarter, representing an increase of 68 transactions over the same period of time last year.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Two people walk up the stairs past an advance polling sign at the Canda Games Centre on April 4. (Haley Ritchie/Yukon News)
April 12 is polling day: Here’s how to vote

If in doubt, electionsyukon.ca has an address-to-riding tool

Yukon Party leader Currie Dixon addressing media at a press conference on April 8. The territorial election is on April 12. (Haley Ritchie/Yukon News)
Getting to know Currie Dixon and the Yukon Party platform

A closer look at the party leader and promises on the campaign trail

Yukon NDP leader Kate White, surrounded by socially distanced candidates, announces her platform in Whitehorse on March 29. (Haley Ritchie/Yukon News)
Getting to know Kate White and the Yukon NDP Platform

A detailed look at the NDP platform and Kate White’s leadership campaign this election

Crystal Schick/Yukon News
Sandy Silver announces the territorial election in Whitehorse. Silver is seeking a second term as premier and third term as Klondike MLA. (Crystal Schick/Yukon News)
Getting to know Sandy Silver and the Yukon Liberal platform

Yukon Liberal Leader Sandy Silver is vying for a second term as… Continue reading

Whitehorse City Hall (Joel Krahn/Yukon News file)
This week at city hall

A look at issues discussed by Whitehorse city council at its April 6 meeting.

Point-in-Time homeless count planned this month

Volunteers will count those in shelters, short-term housing and without shelter in a 24-hour period.

The Yukon’s new ATIPP Act came into effect on April 1. Yukoners can submit ATIPP requests online or at the Legislative Assembly building. (Gabrielle Plonka/Yukon News file)
New ATIPP Act in effect as of April 1

The changes promise increased government transparency

A new conservancy in northern B.C. is adjacent to Mount Edziza Provincial Park. (Courtesy BC Parks)
Ice Mountain Lands near Telegraph Creek, B.C., granted conservancy protection

The conservancy is the first step in a multi-year Tahltan Stewardship Initiative

Yukon RCMP reported a child pornography-related arrest on April 1. (Phil McLachlan/Black Press file)
Whitehorse man arrested on child pornography charges

The 43-year-old was charged with possession of child pornography and making child pornography

Team Yukon athletes wave flags at the 2012 Arctic Winter Games opening ceremony in Whitehorse. The postponed 2022 event in Wood Buffalo, Alta., has been rescheduled for Jan. 29 to Feb. 4, 2023. (Justin Kennedy/Yukon News file)
New dates set for Arctic Winter Games

Wood Buffalo, Alta. will host event Jan. 29 to Feb. 4, 2023

Victoria Gold Corp. has contributed $1 million to the First Nation of Na-cho Nyak Dun after six months of production at the Eagle Gold Mine. (Submitted/Victoria Gold Corp.)
Victoria Gold contributes $1 million to First Nation of Na-cho Nyak Dun

Victoria Gold signed a Comprehensive Cooperation and Benefits Agreement in 2011

Chief Medical Officer of Health Dr. Brendan Hanley speaks to media in Whitehorse on October 30, 2020. Hanley is now encouraging Yukon to continue following health regulations, noting it could still be some time before changes to restrictions are made. (Crystal Schick/Yukon News file)
No active COVID cases in Yukon

Hanley highlights concerns over variants, encourages vaccinations

Most Read