In October, how many properties were on the market in Durham Region at $1 million to $1,499,999.?
The following is a luxury home market snapshot of activity in the price range $1 million to $1,499,999. for the period October 01, 2009 - October 31, 2009 in Durham Region, ON, Canada.
There were 27 current listings priced at $1 million to $1,499,999. The number of real buyers (homes that sold) in the price range is, 2. Average days on market it took for those 2 sales to occur is, 86. If no further inventory was added to the market in this particular price range it would take 13.5 months for the current inventory to sell at this rate of absorption. The inventory that was sold in this price range in October represents 7.4% of the currently listed inventory, 3 properties, which represents 11.1% of the currently listed inventory expired.
Each and every month, my finger is on the pulse of the upper-tier of the market as I track data and compare price bands starting at $400,000. up to $2 million+. As your Certified Luxury Home Marketing Specialist I will be happy to interpret and present the current market statistics to you and help you understand what's happening in your local upper-tier market. This is powerful information you'll need to know as you prepare to buy or sell your home...it's what we know that makes the difference for you!