Real Estate Report March 2024

March Real Estate Update

In Durham Region, real estate market conditions have shown improvement over the past quarter. Homeowners have seemingly anticipated a positive shift in the spring market. This is 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. Prices have held 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.

Growth in Durham Real Estate

There are so many reasons why Durham is a great place to live. Affordability, access to Toronto, schooling, and amenities are all top reasons.  Overall, Durham Region offers a balanced lifestyle with the perfect mix of natural beauty, community spirit, convenience, and quality of life. As a result, it a great place to call home for many people. Durham is poised to continue to be a great place to invest for the years to come. Whether you’re looking to buy a family home, invest in rental properties, or explore the charm of rural living, Durham’s real estate market is ripe with possibilities.

Contact The Baird Real Estate Team with Royal LePage Frank today to speak to a local real estate agent. Click the link here to view our properties currently listed for sale: https://bairdteam.ca/property/