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Durham & Northumberland Real Estate Market Update | November 2024

Wondering how the market performed last month? Here’s a quick rundown! Durham Region saw a steady trend in October, with properties spending an average of 23 days on the market. A total of 888 homes were sold, with the average sale price experiencing a small decrease of 0.62%, settling at $888,914. This minor dip suggests a balanced market, making it a good time for both buyers and sellers to explore opportunities. Northumberland County showed slight growth, with properties averaging 38 days on the market and a total of 117 homes sold. The average price increased by 1.53%, reaching $691,094. This trend reflects stability and a market favourable for both buyers and sellers! 💬 Considering buying or selling? With the market steady, now is a strategic time to evaluate your options. Contact us today for personalized insights on how these trends could align with your goals! 📞 Call or Text: 905-926-5554 📧 Email: [email protected] 🔔 Stay Connected: Facebook: Marlene Boyle Realtor –   / marleneboylerealtor   Instagram: @boyleteam –   / boyleteam   TikTok: @boyleteam –   / boyleteam   📌 Explore More: View Our Current Listings: https://www.marleneboyle.com/current-... Attend Our FREE Educational Events: https://www.marleneboyle.com/boyle-te... Read Testimonials from Our Happy Clients: https://www.marleneboyle.com/testimon... The Marlene Boyle Team leader has been the recipient of a veritable treasure trove of coveted awards for outstanding sales performance. Marlene is the first ever RE/MAX Jazz agent to receive the Pinnacle Award in 2021 and is one of the top 5 real estate agents in Durham Region as of 2021. Disclaimer: The information provided is deemed reliable but not guaranteed. Always verify property details with a qualified real estate professional.