Brock Housing November 2024

 

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Housing Market Report for November 2024

Here is the Region of Durham  Housing November 2024 report (all housing types), with reports from the Canadian Real Estate Association,  and 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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COMING SOON

 

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GTA REALTORS® Release November 2024 Stats

Greater Toronto Area (GTA) home sales increased strongly on a yearover-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. New listings were also up compared to November 2023, but by a much lesser annual rate. This meant that market conditions tightened, resulting in overall average price growth compared to last year.

“As we approach the end of 2024, I am pleased to report an improvement in housing market conditions. Many home buyers patiently waited on the sidelines for reduced inflation and lower borrowing costs. With selling prices remaining well off their historic peak and monthly mortgage payments trending lower, the stage is set for an accelerating market recovery in 2025,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.

GTA REALTORS® reported 5,875 home sales through TRREB’s MLS® System in November 2024 – up by 40.1 per cent compared to 4,194 sales reported in November 2023. New listings entered into the MLS® System amounted to 11,592 – up by 6.6 per cent year-over-year. On a seasonally adjusted basis, November sales were up month-overmonth compared to October.

 

 

Read the Toronto Regional Real Estate Board  Market Watch Report 

 

 

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Township of Brock Full Report

 

The Township of Brock’s real estate market in November 2024 experienced a slight dip in average sales price while maintaining steady activity. The average sales price was $715,389, down 6.5% from November 2023’s $765,490 and 2.4% from October 2024’s $732,861. 

The sale-to-list price ratio improved to 98%, up from 96% last month, indicating buyers were closing closer to asking prices. Total sales remained stable at 18, matching October’s figures and significantly higher than the 10 sales recorded in November 2023. New listings dropped to 22, a notable decrease from 44 last month and slightly below the 27 from last year. 

Properties averaged 58 days on the market, reflecting extended timeframes for transactions. Months of inventory decreased to 3.61, keeping the market balanced. While prices softened, steady sales and reduced inventory suggest resilience in Brock’s market dynamics.

 

November 2024

 

October 2024

 

Average Sold Price

 

Number of Properties Sold

 

Active Listings

 

Number of New 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

Durham Region

Township of Uxbridge

Township of Scugog

 

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