October Durham Region Real Estate Market Report

🚨 October Durham Region Real Estate Market Report 🚨

🍂 The Fall market is in full swing and the market is changing. In a comparison to last month, there has been a slight dip in the number of sales, registering a 10% decrease.

🏡 It’s worth noting that the influx of new listings continues to grow. Over the past month we’ve witnessed a 2% increase.

⬆️ This expanding inventory offers an array of choices for prospective buyers.

⭐️ We are seeing a slow down in listings which are holding offers which creates a favourable environment for eager home buyers seeking to avoid competitive bidding scenarios.

🗓️ The average time a property spends on the market in Durham Region remains consistent, with an average of 17 days.

⬆️ And now for some exciting news – the average sale price is showing a promising upward trend, surging by 3% compared to the previous month, reaching an impressive $931,548.00.

⭐️ Considering this positive shift, if you’re contemplating a move in the real estate market, now may be an opportune time to take action.

📱 Give me a call and we can discuss your options in more detail 905-655-9353.

#oshawa #whitby #oshawarealestate
#durhamregion #durhamregionrealestate
#torontorealestate #toronto #realestate #torontohomes #gta #gtahomes #clarington #claringtonrealestate #bowmanville #peterboroughrealestate #bowmanvillerealestate #pickering #courtice #newcastleontario #portofnewcastle