sellers-market-

The Durham Region Association of realtors reported 825 sales in September 2009, up 9% from the 752 recorded in September 2008. September 2009 is the best September on record.

Average selling prices in Durham Region were up 1.4% ($282,308) in September, from August’s $278,400, and up 5.5% from the $267,478 reported in September ‘08.

Originally posted here:
BEST SELLING SEPTEMBER ON RECORD

 AUGUST 7, 2009 – Sales of single family homes in the Durham Region are down 7% (1033) in July ‘09’ from the recorded 1115 in June ‘09’, but up 16% from the 891 sales reported in July ‘08’. Average selling prices are up 1.2% ($285,247) in July, from June’s $281,765, and up 3.7% from the reported $275,139, in July ‘08’. “First-time buyers and the Bank of Canada rate cuts have helped restore stability to a market that slumped from late 2008 to early this year,” commented Debbie Dawson 2009 President of the Durham Region Association of REALTORS® (DRAR).

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BUYERS MARKET NO MORE IN THE DURHAM REGION