Scugog 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 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.}

From Toronto Regional Real Estate Board

Read the Toronto Regional Real Estate Board  Market Watch Report 

Township of Scugog Full Report

In May 2024, the real estate market in the Township of Scugog exhibited a blend of softening prices and fluctuating activity levels. The average sold price slightly decreased by 1.0% from April, settling at $1,044,101, indicating a modest adjustment in market values. The total number of properties sold fell by 16.7% to 25, reflecting a dip in buyer transactions. Conversely, the market saw a significant increase in active listings, which surged by 36.5% to reach 101, suggesting a growing supply of available properties. Interestingly, new listings saw a slight decline of 2.7%, with 73 new properties entering the market. The months of inventory figure stood at 4.04, illustrating a balanced market with a sufficient supply of homes relative to current sales. These metrics collectively highlight a period of adjustment in Scugog’s real estate landscape, presenting potential opportunities for buyers amid increasing inventory and slightly cooling prices.

Average Sold Price

Number of Properties Sold

Active Listings

Months of Inventory

*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.

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Click below for more reports

Durham Region

Township of Uxbridge

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