Overview

In September, 2022, we have seen 282 properties listed which has resulted in a 40.30% increase from September, 2021 in which 201 properties were listed; We have seen a year to date volume of 2330 in 2022 and 2085 in 2021 resulting in an 11.75% increase.

In September, 2022, we have seen a total volume of 116 sold properties which has resulted in a 39.90% decrease from September, 2021 in which 193 listings were sold; We have seen a year to date volume of 1183 in 2022 and 1608 in 2021 resulting in a 26.43% decrease.

The average sales price in September, 2022 is $682K, a 9.01% decrease from September, 2021. The average sales price of September, 2021 was $750K. We have seen a year to date average sales price of $791K in 2022 and $697K in 2021 resulting in a 13.42% increase.

The average ask to sell ratio in September, 2022 was 0.972, a 7.92% decrease from September, 2021 with an ask to sell ratio of 1.056. We have seen a year to date average ask to sell ratio of 1.061 in 2022 and 1.065 in 2021 resulting in a 0.40% decrease.

 

 

I. New Listings

• August 2022- There were 282 new listings, a 40.30% increase from September, 2021
• August 2021- There were 201 new listings, a 23.28% decrease from September, 2020
• August 2020- There were 262 new listings, a 2.24% decrease from September, 2019
• August 2019- There were 268 new listings, a 15.02% increase from September, 2018

 

II. Average Asking Price

 

August 2022 Durham Region Monthly Market Update

Friday Sep 16th, 2022

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Overview

In August, 2022, we have seen 1.37K properties listed which has resulted in a 12.62% increase from August, 2021 in which 1.21K properties were listed; We have seen a year to date volume of 14.9K in 2022 and 14.8K in 2021 resulting in a 0.80% increase.

 

In August, 2022, we have seen a total volume of 810 sold properties which has resulted in a 25.48% decrease from August, 2021 in which 1087 listings were sold; We have seen a year to date volume of 7924 in 2022 and 11303 in 2021 resulting in a 29.89% decrease.

 

The average sales price in August, 2022 is $911K, a 0.21% decrease from August, 2021. The average sales price of August, 2021 was $913K. We have seen a year to date average sales price of $1.06M in 2022 and $904K in 2021 resulting in a 17.45% increase.

 

The average ask to sell ratio in August, 2022 was 1.012, a 10.88% decrease from August, 2021 with an ask to sell ratio of 1.136. We have seen a year to date average ask to sell ratio of 1.156 in 2022 and 1.131 in 2021 resulting in a 2.22% increase

 

 

I. New Listings

 

• August 2022- There were 1.37K new listings, a 12.62% increase from August, 2021
• August 2021- There were 1.21K new listings, a 36.58% decrease from August, 2020
• August 2020- There were 1.91K new listings, a 17.60% increase from August, 2019
• August 2019-There were 1.63K new listings, a 6.21% increase from August, 2018

II. Average Asking Price 

• August 2022- The average asking price was $828K, a 5.52% increase from September, 2021
• August 2021- The average asking price was $785K, a 23.27% increase from September, 2020
• August 2020- The average asking price was $637K, a 9.27% increase from September, 2019
• August 2019- The average asking price was $583K, a 13.58% increase from September, 2018

 

III. Sold Properties 

• August 2022- There were 116 sold properties, a 39.90% decrease from September, 2021
• August 2021- There were 193 sold properties, an 11.47% decrease from September, 2020
• August 2020- There were 218 sold properties, a 73.02% increase from September, 2019
• August 2019- There were 126 sold properties, a 0.80% increase from September, 2018

 

IV. Average Sale Price

• August 2022- The average sales price was $682K, a 9.01% decrease from September, 2021
• August 2021- The average sales price was $750K, a 39.84% increase from September, 2020
• August 2020- The average sales price was $536K, a 20.64% increase from September, 2019
• August 2019- The average sales price was $445K, a 0.72% increase from September, 2018

 

V. Average Days on Market 

 

• August 2022- The average days on market was 31.00, a 34.78% increase from September, 2021
• August 2021- The average days on market was 23.00, a 36.11% decrease from September, 2020
• August 2020- The average days on market was 36.00, a 34.55% decrease from September, 2019
• August 2019- The average days on market was 55.00, a 10.00% increase from September, 2018

 

VI. Average Ask to Sell Ratio

• August 2022- The average ask to sell ratio was 0.972, a 7.92% decrease from September, 2021
• August 2021- The average ask to sell ratio was 1.056, a 6.21% increase from September, 2020
• August 2020- The average ask to sell ratio was 0.994, a 2.69% increase from September, 2019
• August 2019- The average ask to sell ratio was 0.968, a 0.52% decrease from September, 2018