Durham Experienced 45 Per Cent Increase Of Residential Transactions In August
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.
The MLS® Home Price Index Composite Benchmark was up by 15.06 per cent in August 2020. The MLS® Home Price Index Composite price in Durham Region reached $653,400. The benchmark price for a detached home in Durham Region reached $706,300 representing a 14.60 per cent increase from last year.