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Here it is - your monthly market update as of March 2018!   Durham Region listings are down 3% from this time last year. Sales are down 37% and sale prices are also down 14% compared to February 2017.   The average selling price in Durham Region reached $598,412 in March 2018.     What does this mean for your specific area?   Here’s a breakdown of Durham Region: &nbs...Read More

It’s that time once again - your monthly market update as of February 2018!   Durham Region listings are up 23% from this time last year. Sales are down 27% and sale prices are also down 11% compared to February 2017.   The average selling price in Durham Region reached $591,404 in February 2018. According to Durham Region Association of Realtors President Dennis Roberts, this indi...Read More

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It’s that time once again - your monthly market update as of January 2018!   Durham Region listings are up 30% from this time last year. Sales are down 21% and sale prices are also down 5% compared to January 2017.   Homes were sold within an average of 30 days on market for January 2018, in comparison to 15 days in January 2017. This increase could likely be due to the new “...Read More

Here it is, for your reading pleasure - your monthly market update as of December 2017!   Durham Region listings are up drastically from this time last year! Although this number is slightly inflated due to cancel and re-lists, the number is still significant at an increase of 73%. The overall number of sales is up by 3% across the region and the average selling price has seen a 1% increase. ...Read More

Here we go again - your monthly market update as of November 2017!   It looks like we’re continuing to see an increase of average selling price year over year. According to Durham Region Association of Realtors President Dennis Roberts, “Durham Region is seeing development in residential, commercial, and land, as well as the development through transportation and technology projec...Read More

It’s that time again - your monthly market update as of October 2017! It looks like we’re continuing to see an increase of average selling price year over year. According to Durham Region Association of Realtors President Roger Bouma, “The average selling price in Durham reached $575,602 last month, a slight decrease from the $578,666 average selling price in September, but a 2 p...Read More

  Here it is again - your monthly market update as of September 2017! Again, we are seeing the market slowly balance out as more inventory is available than earlier this year. We are however, still in a seller’s market. In September, there were 23% more new listings from the same time last year, however, the overall number of sales is down by 23%.       The average selli...Read More

It’s that time again - your monthly market update as of August 2017! Just like last month, we continue to see things cooling down and balancing out, and it appears that home buyers now have much more choice as there is more and more inventory available across Durham Region. This change is especially welcome for first time buyers and those who may have been forced to compete in multiple offer...Read More