August Real Estate Sales Durham Region and Uxbridge

Durham Region Association of REALTORS® (DRAR) President Roger Bouma reported 822 residential transactions in August 2017, a 9.75% increase over the previous month.

August also saw a 16.2% increase in the number of new listings in Durham (1,497), compared to the 1,288 new listings reported in August 2016.

“We continue to experience a healthy balanced market,” said Bouma. “The average house price in August in Durham is $587,172, which is down 16.5% from the highs reached in April, but slightly higher (3%) than the previous month of $569,748 and an 8.3% increase over the same period last year.

“Home ownership continues to be a good investment,” said Bouma. “It remains the only investment that you can live in, raise your family and make memories, while ensuring a nice return over time.” He added, “Durham Region continues to be a great place to buy, offering some of the best real estate value in the GTA.”

UXBRIDGE August 2017

In August the Average Sale Price in Uxbridge for the month was $725,316, down 4.72% from the same month a year ago, and down 6.14% from July 2017, but still an increase of 17.02% over the same period last year.

19 homes changed hands in August down 15 from August 2016.  

Active listing where up however to 86 from 50 a year ago.   Of those 86, 50 where new listings.