Do temperatures need to cool off before the market heats up?
Author: Bernice McNutt // Category: Durham Region Real EstateNot if you’re looking at the same statistics I’m looking at right now. Looks like the market and the thermometer are in a neck and neck race to the finish!
We had 906 sales in the month of July. That brings our year to date sales to 6,213 which is a 3.7% decrease over 2010. But, if you thought that was bad news, you’re going to love this next fact (well if you’re a seller you’ll love it!): The average selling price of a home in Durham Region for July is $329,956, an increase of 11.2% over July last year. With sellers seeing strong price increases for their homes, real estate continues to be a great investment in our neck of the woods!
Wondering if home ownership is in your future or curious about the current market value of your home? Give me a call or send me an email. I love hearing from you.