Scugog Housing November 2024
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Housing Market Report for November 2024
Here is the Region of Durham Housing November 2024 report (all housing types), with reports from the Canadian Real Estate Association, and Toronto Regional Real Estate Board included.
This housing report for Durham Region includes the number of new listings, average list price, number of properties sold, average selling price, average days on market and average asking price to selling price ratio for all property types within the Region of Durham.
Scroll to the bottom for links to take you to the housing market reports for Uxbridge, Scugog and Brock.
COMING SOON
GTA REALTORS® Release November 2024 Stats
Greater Toronto Area (GTA) home sales increased strongly on a yearover-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. New listings were also up compared to November 2023, but by a much lesser annual rate. This meant that market conditions tightened, resulting in overall average price growth compared to last year.
“As we approach the end of 2024, I am pleased to report an improvement in housing market conditions. Many home buyers patiently waited on the sidelines for reduced inflation and lower borrowing costs. With selling prices remaining well off their historic peak and monthly mortgage payments trending lower, the stage is set for an accelerating market recovery in 2025,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.
GTA REALTORS® reported 5,875 home sales through TRREB’s MLS® System in November 2024 – up by 40.1 per cent compared to 4,194 sales reported in November 2023. New listings entered into the MLS® System amounted to 11,592 – up by 6.6 per cent year-over-year. On a seasonally adjusted basis, November sales were up month-overmonth compared to October.

Toronto Regional Real Estate Board – Market Stats At A Glance – October 2024
Read the Toronto Regional Real Estate Board Market Watch Report
Township of Scugog Full Report
The Township of Scugog’s real estate market in November 2024 saw a notable increase in average sales price, despite a slowdown in activity. The average sales price climbed to $1,073,564, representing a 13% increase from October 2024’s $949,782, though down 4.01% from November 2023’s $1,118,455.
The sale-to-list price ratio rose to 99%, up from 96% the previous month, suggesting sellers achieved closer to their asking prices. Total sales for the month dropped to 14, down from 38 in October but slightly above the 11 sales recorded in November 2023. New listings totalled 41, a decline from 53 in October but higher than last year’s 30.
Properties spent an average of 44 days on the market, while months of inventory increased to 5.29, keeping the market balanced but leaning toward favouring buyers. This dynamic indicates a market in flux, with rising prices tempered by extended listing durations and increasing inventory levels.
November 2024
October 2024
Average Sold Price
Number of Properties Sold
Active Listings
Number of New Listings
Months of Inventory
*Information is believed to be accurate at time of posting but is not guaranteed to be correct. Some values may vary slightly based on the exact date and time the reports were generated. Market stats are provided by TRREB (Toronto Regional Real Estate Board) and are based on sales for the month of Attached/Row/Townhouses, Condo Apartments, Condo Townhouses, Detached, Detached with Common Elements, Link Homes and Semi-detached. *Some values may vary slightly based on the exact date and time the reports were generated.
Not intended as a solicitation if your property is already listed by another broker. Affiliated real estate agents are independent contractor sales associates, not employees. ©2021 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.
Click below for more reports
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