Durham Real Estate Market Update

By: Armando Murga

Durham Real Estate Market Update

Tags: Armando Murga, RE/MAX Jazz, Durham, Real Estate Market, Homes, Real Estate, Pickering, Ajax, Whitby, Oshawa, Courtice, Bowmanville, Newcastle

Durham market has experienced a strong rebound as home sales continue to hit record results this summer. We have an increased demand for housing. this activity reflected in the average days on market. In August, the average days on market reached 14 in comparison to the average of 29 days reported in August 2019.

The average price in Durham Region reached $734,136 a 19.5 per cent increased compared to the same time last year. On a month-over-month basis the average price increased slightly by 3.5 per cent.

Call Armando at 905-409-3793 for your home evaluation !!!