DURHAM REGION, August 5, 2011 – The Durham Region
Association of REALTORS® reported 906 sales for the month of July.
So far in 2011 there have been a total of 6,213 sales in
Durham Region which represents a 3.7% decrease over last year.
Association of REALTORS® reported 906 sales for the month of July.
So far in 2011 there have been a total of 6,213 sales in
Durham Region which represents a 3.7% decrease over last year.
With 1,328 new listings reported in July the total number of homes
available for resale in Durham Region is 2,247. The sales-to-newlistings
ratio, an indication of market balance, stood at 68.2% for July.
A ratio above 60% suggests a seller’s market.
The average selling price of a home in Durham Region for July is
$329,956, an increase of 11.2% over July last year. “Sellers are still
seeing strong price increases for their homes, making real estate in
Durham Region a great investment” said Durham
Region Association of REALTORS® President, Dierdre Mullen
This article has been taken from the Durham Region Association of Realtors July Issues of the Housing Report - 2011
If you would like more information on your homes value or if you are considering making a move to your next home please feel free to contact me, I will be happy to help.Scott Roy
RE/MAX Jazz
21 Drew St.
Oshawa, Ontario
L1H 4Z7
(905) 728-1600 Office
(905) 435-7355 Direct
No comments:
Post a Comment