Durham Region Housing May 2024

 

Housing Market Report for May 2024

Here is the Region of Durham  Housing May 2024 report (all housing types), with reports from the Canadian Real Estate Association,  and the Toronto Regional Real Estate Board 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 and Brock.}

 

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Read the Toronto Regional Real Estate Board  Market Watch Report 

 

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Durham Region Full Report

 

In May 2024, Durham Region’s real estate market demonstrated a blend of resilience and growth amidst fluctuating dynamics. The average sold price saw a modest increase of 1.2% from April, reaching $954,942, indicating continued demand for properties. However, the total number of properties sold decreased by 4.3% to 907, suggesting a slight cooling in buyer activity. Meanwhile, the market experienced a significant rise in supply, with active listings jumping by 21.8% to 1,886 and new listings increasing by 13.2% to 2,082. This influx of inventory led to a months of inventory figure of 2.08, reflecting a relatively fast-paced market where homes are still selling briskly despite the growing number of listings. These statistics highlight a dynamic and competitive market environment in Durham Region, with ample opportunities for buyers amid rising prices and increased housing availability.

 

 

Average Sold Price

 

Active Listings

Months of Inventory

 

 

 

 

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*Information is believed to be accurate at time of posting but is not guaranteed to be correct. Some values may vary slightly based on the exact date and time the reports were generated. Market stats are provided by TRREB (Toronto Regional Real Estate Board) and are based on sales for the month of Attached/Row/Townhouses, Condo Apartments, Condo Townhouses, Detached, Detached with Common Elements, Link Homes and Semi-detached. *Some values may vary slightly based on the exact date and time the reports were generated.

Not intended as a solicitation if your property is already listed by another broker. Affiliated real estate agents are independent contractor sales associates, not employees. ©2021 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.

 

Click below for more reports

Township of Uxbridge

Township of Scugog

Township Brock

 

Check out our Uxbridge and Scugog Events Pages to keep up to date on whats going on around town.  Click the links or scan the Code with your phone to take you directly there.

 

UXBRIDGE EVENTS

 

 

SCUGOG EVENTS