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.}

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CREA HOUSING MARKET REPORT – NOVEMBER 2023

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Read the Toronto Regional Real Estate Board  Market Watch Report 

 

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Read the Durham Association of REALTORS® FULL Real Estate Report

 

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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.

 

 

Quick Review

 

 

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 

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

City of Kawartha Lakes