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With Square Yards Canada, you can find your dream property in Durham. Explore your options from 52 condo apartments, 19 condo townhouse for sale, 446 detached houses, 38 semi detached homes for sale posted by agencies/owners who provide spacious and luxuriant, freehold, commercial, and residential properties such as townhouse condos for sale in Durham.
Durham, Ontario, is 18 kilometres from the east of Hanover and is surrounded by the Saugeen river. Owing to the low crime rates, the city is ideal for families and couples alike, thus leading to the boom in Durham real estate for sale.
The Durham housing market has seen a surge of 12.3% in its prices. Investors show great interest in residential property for sale in Durham since there is an increased chance of business setup and expansion. West Grey Police patrols the city, ensuring a sense of security amongst the residents, further igniting the number of houses for sale in Durham.
An increase of 12.3% has been witnessed in the Durham property price trend over the previous year, with the median sale price reaching $410K. Compared to the previous year, Durham houses typically sell after 33 days on the market. The real estate market trends in Durham noticed a fall from a sale of 461 to 351 houses in September this year.
The real estate trends in Durham have entered the fall season with a considerably more buyer-friendly market dynamic. Key indicators used to gauge market intensity have become more relaxed. Multiple offer scenarios are declining, interest rates are rising, and more active listings and typical transaction prices are rising.
The number of active listings has substantially increased in the last few months, giving purchasers more choices. Multiple offers will still be available to buyers in some circumstances, especially in the lower price ranges. They are strongly recommended to get organised and to be ready to examine homes via images and virtual tours as soon as they hit the market. They should also have their mortgage preapproval ready before looking at properties. Sellers should consider putting their house on the market now and working with their agent to differentiate their home from similar listings while appealing to the largest buyer base.
Durham, located between Lakes Ontario, Simcoe, and Scugog, is a mix of urban, rural, and commercial zones, ranging from rolling hills and farmland to a bustling downtown and industrial land. Finding a house in the ideal location is crucial since the neighbourhood and its surroundings can impact your quality of life. As a result, we've highlighted a few of Durham's neighbourhoods. By keeping in mind factors such as - the Durham neighbourhoods housing market and their prices.
Canadian real estate boards and organisations are in charge of managing cooperative selling networks known as Multiple Listing Services (MLS).
Additionally, it provides thorough information and various search options to connect customers with homes that meet their specific needs. The MLS, the most advanced and trustworthy tool to evaluate the status and trends of a neighbourhood's property values, was developed by the Ottawa Regional Real Estate Board, the Canadian Real Estate Association, and other key real estate boards across Canada.
Keeping in mind the Durham housing market stats, Square Yards offers 38 condo apartments, 47 condo-townhouse, 588 detached houses and 50 semi-detached houses with incredible features and modern amenities. We provide direct and agency listings for properties, making it convenient for users and sellers. Square Yards assists you with any issues you may encounter when selling a home, including obtaining the right price advertised, creating a budget, choosing an investment strategy, receiving financial services, etc.
The Durham housing market has seen a steady increase in the number of listings in October compared to a few in September and is now experiencing a balanced market. The region continues to be a desirable location, thus boosting the Durham real estate market stats. Further information on Durham real estate sales statistics has been provided in the table below.
| Type of Home | Average Price (September) | Average Price (Year to Date) |
| Detached | $1,002,111 | $1,158,287 |
| Semi-Detached | $761,625 | $870,489 |
| Condo Townhouse | $657,547 | $748,741 |
| Condo Apartment | $573,515 | $628,428 |
| Link | $776,778 | $896,324 |
| Townhouse | $805,082 | $935,956 |
| All Home Types | $915,027 | $1,050,356 |
The population of Durham is at 696,992 according to a survey done in 2021. It is expected to reach one million by 2041. Because of its strengths in sectors such as diversification, building activity, an educated and skilled workforce, and affordable real estate, Durham Region is well positioned for continued economic and job growth.
The Durham demographics include 49% of immigrants, 0.5% of whom entered Canada recently. French is the most widely spoken language after English, with 22% of locals claiming it as their native tongue. The Median age to buy a house is 38.4. Durham is a fantastic spot to get started in the real estate market in the context of Canadian real estate.
Canada's real estate sales and brokerage sector, which ranks 51st nationally in market size, is the second-largest Real Estate and Rental and Leasing sector. The country's industry expanded at a 4.0% yearly rate between 2017 and 2022. The nation's Real Estate Sales and Brokerage industry expanded more quickly than the overall economy. The study assists manufacturers, such as mutual fund complexes and life insurers, in making decisions by understanding what is happening in the market and enabling businesses to accurately track the brokerage industry's involvement in managing individual Canadians' money.
The housing market in Durham has grown significantly over the past year, and prices have surpassed those in Toronto. The benchmark cost of a property in Durham in February 2022 was $1,228,990, or around $18,000 higher than in Toronto. In the last two years, housing prices have increased by 87%, and the typical detached home currently costs about $1,379,287.
Low housing supply in 2021 and early 2022, historically low mortgage rates, and work-from-home policies that have prompted many employees to relocate outside of major cities have contributed to the rise in real estate prices.
The average selling price only dropped 5.4% year over year to $915,027 in September. Compared to last month, the average selling price in Durham Region declined marginally. Despite not seeing the anticipated sharp price drops, Durham Region is still a popular destination for purchasers. Durham has eight municipalities. Their market stats for real estate are provided in the table below.
| Municipality | Average Price ($) |
| Ajax | 1118634 |
| Brock | 947413 |
| Clarington | 998695 |
| Oshawa | 914949 |
| Pickering | 1143516 |
| Scugog | ​​1164018 |
| Uxbridge | 1374289 |
| Whitby | 1145074 |
It costs an average of $615K to buy a house in Durham, Ontario.
Durham has houses, condos and townhouses for sale.
Square Yards offers a 3-bedroom house in Durham ranging between $399,900 and $5,300,000.
Square Yards offers a 5+1-bedroom house in Durham, ranging between $1,149,900 and $1,399,800.
Square Yards offers its clients various property types to purchase. The properties available on Square Yards for sale are freehold, condos, commercial and houses.
The seller has to pay a real estate commission in Durham.
You must visit the Square Yards website to find the correct Durham Condo price.
Yes, you can get a professional’s help buying a property in Durham.
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