11/05/2026
📉 OCTOBER MARKET UPDATE | DURHAM REGION
The October numbers are in, and the market is telling us something pretty clearly: Buyers have the upper hand right now!
Here’s a quick look at the numbers:
🏠 Average Sale Price: $787,508 — down 6.5% compared to last year.
🔑 Homes Sold: 582 across Durham Region in October.
📍 Available Homes: 2,567 properties on the market at month’s end.
⏳ Time on Market: Homes took an average of 31 days to sell.
💰 Selling Prices: On average, homes sold for 98% of their asking price.
So, what does this mean for YOU?
🛍️ BUYERS: More choices, less competition, and greater room to negotiate. If you’ve been waiting for an opportunity to enter the market or make a move, this could be your window!
🏡 SELLERS: Homes are still selling! But pricing strategically, preparing your home properly, and having a strong marketing plan are more important than ever. Today’s buyers have options, and they’re being selective.
🛍️MOVE-UP BUYERS: You might be in an especially interesting position! While you may sell your current home for less than you would have in a hotter market, you could also save significantly on your next purchase.
The bottom line? It’s not a bad market. It’s a different market. And there are opportunities on both sides when you understand how to navigate it.
Thinking about buying, selling, or making a move? Let’s talk about what these numbers mean for YOUR situation. Our DMs are always open!
📊 Source: Central Lakes Association of REALTORS® | October 2026