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The Vatandoust Sirrs Team with Keller Williams Energy Real Estate

The Vatandoust Sirrs Team Blog

Read what's happening in the local real estate market, get tips for home owners,  buyers, and sellers, find out community news, and more.

Real Estate Market Update for February 2019

Durham Region Association of REALTORS® (DRAR) reported 585 residential transactions in February 2019. This represents a 15.16 per cent increase on a month-over-month basis and a decreased from the same time last year by 3.15 per cent.

Number of sale in durham region graph
The average selling price in Durham for the month of February was $580,743. This is a moderate increase from January 2019. The average selling price for all home types decreased by 1.8 percent on a  year-over-year basis.

Graph Showing Average Price OF Homes Sold in Durham

The number of new listings reached 1,140 in February, a 5.16 percent decrease from February 2018. The number of new listings decreased by 3.47 percent from the same time last month.

Graph Showing Sold vs. Available Homes in Durham


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Toronto Real Estate Board - IDX Last Updated: 8/25/2019 8:30:53 AM