Durham’s real estate market continues to remain strong
Durham Region Association of REALTORS® (DRAR) President Roger Bouma reported 835 residential transactions in September 2017, down 23 per cent compared to September 2016. However, this was a slight increase over the previous month.
September also saw an increase in the number of new listings in Durham (1,914), compared to the 1,556 new listings reported in September 2016.
The average housing price for September in Durham Region was $578,666, a slight decrease over the previous month, however an increase of 4.25% over the same period last year.
Homes listed on the market continue to sell in an average of 23 days.
Uxbridge’s Real Estate Market
There were 21 residential transactions reported in Uxbridge through the Toronto Real Estate Board in September 2017, down 36% from September 2016 but up 10.5% from August 2017.
New listings increased in Uxbridge, 73 in September 2017 compared to 48 in September 2016. An increase of 23 from August.
The average housing price for September in Uxbridge was $802,238, an increase of 10.61% over the previous month, and an increase of 14.85% over the same period last year.
Homes that sold took an average of 31 days to sell.
After Sales Prices having a slight downturn from record numbers in the beginning of 2017, September
saw a small increase.