Durham Region Real Estate – A Great Investment!

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.

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 

21 Drew St. 
Oshawa, Ontario
L1H 4Z7

(905) 728-1600 Office 
(905) 435-7355 Direct



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s