Durham Region Association of REALTORS® (DRAR) President reported 845 residential transactions in October 2017, a 23 per cent decrease from October 2016. However, this was a slight increase over the previous month.

October also saw the number of new listings in Durham increase month-over-month to 1,698, up from 1,096 new listings in September, and higher than the 1,327 in October 2016. 

"We’re continuing to see an increase of average selling price year-over-year," said DRAR president. The average selling price in Durham reached $575,602 last month, a slight decrease from the $578,666 average selling price in September, but a 2 per cent increase over the average of $564,989 during the same period in 2016.

“Durham Region continuously offers the best real estate value in the GTA,” said DRAR president. “Buyers can benefit from opportunities to buy in a more relaxed market, without multiple offers, while sellers enjoy an increase in their home's value over previous years.”

If you are considering buying or selling real estate in the near future contact Team Bryant today!  We look forward to helping with all of your real estate needs in Whitby, Oshawa, Brooklin, Courtice, Bowmanville, Ajax, or any area of Durham Region / GTA.