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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 October 2018

Durham Region Association of REALTORS® reported 798 residential transactions in October 2018, a 3.2 per cent increase from the previous month, and a 5.6 per cent decrease from the same time last year. 
Number of sale in durham region graph

The average sale price in Durham Region for the month of October was $588,968 up slightly from September at $587,009. This is also a 2.3 per cent increase from October 2017.
Graph Showing Average Price OF Homes Sold in Durham

(DRAR) President Dennis Roberts reported “Monthly sales growth has been positive in Durham Region since the Spring. We anticipated it would take time to adjust to the mortgage changes and higher borrowing costs. The Durham market has remained strong,” October saw 1,644 new listings, down 9.8 per cent month-over-month

.Graph Showing Sold vs. Available Homes in Durham

Do you have questions about the real estate market? We'd love to help! Give us a call at 905-448-2921 or reply back to this email.


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Toronto Real Estate Board - IDX Last Updated: 12/13/2018 8:44:29 PM