Thursday, November 1, 2012

Durham Real Estate stats

The Durham Region Association of REALTORS® reported a 12 per cent increase in the number of new listings for the month of September (1,430), raising the number of active listings by six per cent to 1,960. “As we predicted last month we’re starting to see more properties enter the marketplace as the fall market starts to heat up. We should also start to see the sales numbers reflect this increased activity soon,” commented DRAR President, Christine Marquis.

September saw 763 homes change hands in Durham Region, a 15 per cent decrease from August. This brings the year-to-date sales for the Region to 8,600. “Despite the month-to-month fluctuations in the number of sales, the year-to-date figure illustrates a very healthy housing market in the Region,” adds President Marquis.

The average selling price of a re-sale home dropped slightly (one per cent) in September to $336,313 compared to $339,673 in August. The year-to-date average price of a home in Durham Region is now at $335,940.

3 comments:

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  2. Really great blog post! We've put together an infographic on 'Toronto Housing Prices', which details the progression of average home prices, real-estate sales volume, the sale of different types of properties etc.
    It offers a great look into the current state of the Toronto Housing Market.

    https://www.canadianmortgagesinc.ca/wp-content/uploads/2012/10/Toronto_housing_prices.jpg

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    1. Durhan real estate has been described very well by you. The information is very useful
      The Nautical Condos

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