West Ferris, North Bay - October 2026 Real Estate Report
West Ferris Real Estate: What Your Neighbours Aren't Telling You
If you own a home in West Ferris and you're still relying on your city tax assessment to know what your place is worth, you're flying blind. Here's the real picture, right now, no fluff.
The Vibe: What's Actually Happening on Our Streets
West Ferris is in a bit of a holding pattern - and that's not necessarily a bad thing. The market is steady, not crashing, and if you know how to read the numbers, there's still a smart move to be made here.
Houses
Houses in West Ferris are holding their ground. The average sale price sits at $580,000, and listings are coming in around $589,900 this month. The price per square foot is $418. What really tells the story is the sale-to-list ratio - buyers here are paying 98.32% of asking price. That means sellers are getting close to what they want, but buyers do have a little room to negotiate. We're in a stable buyers' market, not a panic-sell situation.
- Average sale price: $580,000
- Average list price: $589,900
- Price per square foot: $418
- Sale-to-list ratio: 98.32%
- Average days on market: 39 days
- Predicted market value: $465,086
- Estimated monthly rent: $2,349
- Rental yield: 5.70%
- Growth rank: 4 out of 10 comparable neighbourhoods - above average in North Bay
That 5.70% rental yield is worth paying attention to. For anyone thinking about holding a West Ferris house as a rental, that's a strong return compared to most of North Bay.
Condos
Condos are a different story, and we should be honest about it. The HonestDoor Price for condos has dropped 18.65% from the previous period, sitting at $394,179. The predicted market value is $484,542, but that number is trending down - it's off from the 3-month moving average of $497,467. Values have shifted -1.96% recently, and the growth rank for condos lands at 7 out of 10 in North Bay. That puts us in below-average territory for condo growth right now.
- Average HonestDoor Price: $394,179 (down 18.65%)
- Predicted market value: $484,542
- 3-month moving average: $497,467
- Estimated monthly rent: $2,301
- Rental yield: 3.87%
- Recent value change: -1.96%
- Growth rank: 7 out of 10 - below average in North Bay
The condo segment is taking a breather. If you own one, that doesn't mean the sky is falling - but it does mean timing matters more right now.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about city assessments - they're snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the difference between checking yesterday's weather and looking out the window right now.
For West Ferris houses, the HonestDoor Price is $453,431. That's down 2.51% from the previous period. Your tax assessment almost certainly doesn't reflect that shift. If you're making any financial decision - refinancing, selling, even just figuring out your net worth - you want the number that reflects today, not two years ago.
Compared to nearby neighbourhoods, here's where West Ferris houses stand on the leaderboard:
- Downtown: $664,909 average HonestDoor Price - much higher than us
- Birchaven: $552,466 - slightly above us
- West Ferris: $453,431 - solid mid-range value
- Gateway: $428,859 - just below us
West Ferris sits in a comfortable spot - more affordable than Birchaven and Downtown, with better rental yields than most. That's a real selling point, not just a consolation prize.
The So What: Should You Sell in West Ferris This Summer?
If you own a house in West Ferris and you've been sitting on the fence, here's the straight answer - the window is open, but it's not wide open. Homes are sitting for 39 days on average, and buyers are paying just under asking. That means you need to price it right from day one. Overpricing by even a few percent will cost you time, and time on market works against you in this environment.
The rental yield of 5.70% also means buyers who are investors are paying attention to West Ferris. That's extra demand working in your favour if you're selling a house.
For condo owners, the honest advice is to watch the next 60 to 90 days closely. The predicted value is still above the HonestDoor Price, but the trend is pointing down. If selling is on your radar, sooner is probably smarter than later.
Bottom line - check your HonestDoor Price at honestdoor.com before you do anything else. It takes two minutes and it'll tell you more than any assessment notice ever will.
west ferris | north bay | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.