Durham Region Housing October 2023
Housing Market Report for October 2023
Here is the Region of Durham Housing October 2023 report (all housing types), with reports from the Canadian Real Estate Association, Toronto Regional Real Estate Board and the Durham Association of REALTORS® included.
This housing report for Durham Region includes the number of new listings, average list price, number of properties sold, average selling price, average days on market and average asking price to selling price ratio for all property types within the Region of Durham.
Scroll to the bottom for links to take you to the housing market reports for Uxbridge, Scugog, Brock and the Kawartha Lakes.
CREA HOUSING MARKET REPORT – NOVEMBER 2023
Durham Region Full Report
*Some values may vary slightly based on the exact date and time the reports were generated.
The real estate market in Durham Region has shown interesting trends throughout 2023. The average sale price, which started the year at $886,849 in January, experienced a modest increase in the spring before levelling off and reaching $931,548 in October. Active listings have steadily risen since January, providing more options for potential buyers. In terms of days on market, we observed a dip during the spring, which is a typical pattern, followed by a gradual increase, averaging 26 days on the market in October. January saw 394 sales, with the number of sales peaking in May and subsequently declining to 588 in October. However, despite the drop in sales volume, the sales price has remained relatively stable. In October, there were 3.01 months of inventory, indicating that the market is in a balanced state. While the number of sales has decreased, there hasn’t been a dramatic impact on property prices, making Durham Region an attractive and resilient market for both buyers and sellers.
New Listings – October 2023
New Listings – Year-To-Date
Average Asking Price – October 2023
Average Asking Price – Year-to-Date
Number of Properties Sold – October 2023
Number of Properties Sold – Year-to-Date
Average Sold Price – October 2023
Average Sold Price – Year-to-Date
Days on Market – October 2023
Days on Market – Year-to-Date
Average List Price to Sell Price Ratio – October 2023
Average List Price to Sell Price Ratio – Year-to-Date
*Information is believed to be accurate at time of posting but is not guaranteed to be correct
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