Housing Report March 2024

Posted Apr 3rd 2024 in

In Durham Region, the market conditions have shown improvement over the past quarter, with homeowners seemingly
anticipating a positive shift in the spring market, evidenced by the significant increase in transactions
and new listings so far this year. Overall in Durham, there were 859 transactions with an average price of $936,166 in March 2024, holding relatively steady compared to March 2023, which saw 860 transactions at an average price of $925,151. Month over month so far in 2024, prices and sales have increased. This is a great sign for the remainder of 2024 for the local markets in Clarington, Oshawa, Whitby, Ajax, Pickering, Uxbridge and Scugog.

There are so many reasons why Durham is a great place to live, including affordability, access to Toronto, schooling, and amenities. Overall, Durham Region offers a balanced lifestyle with the perfect mix of natural beauty, community spirit, convenience, and quality of life, making it a great place to call home for many people. It is poised to continue to be a great place to invest for the years to come. Contact The Baird Real Estate Team with Royal LePage Frank today to speak to a local real estate agent.