Chris Butryn Durham Luxury Market Report August 2019

Page 23

GTA - DURHAM

ATTACHED HOMES

13 - MONTH LUXURY MARKET TREND 4 Sale Price

$630,750

$572,500

19

19

18 8

$572,500

Jul-18

16 10

8

Aug-18

$550,000

Sep-18

$582,000

16

Inventory

$560,000

$542,000

5

6

4

Oct-18

Nov-18

Dec-18

$572,500

20

19

14

Solds

$600,000

$600,000

$587,000

22

24

26

26

9

6

1 Jan-19

$597,000

Feb-19

Mar-19

15

11

Apr-19

May-19

$560,000

30

10

9

Jun-19

Jul-19

MEDIAN DATA INVENTORY June

SOLDS

SALES PRICE

July

June

30 VARIANCE: 15 %

10

9 VARIANCE: -10 %

SALE PRICE PER SQFT.

SALE TO LIST PRICE RATIO

26

June

July

N/A

N/A VARIANCE: N/A

June

July

July

98.64% 99.16% VARIANCE: 1 %

June

587k

$

July

560k VARIANCE: -5 % $

DAYS ON MARKET June

July

15

16 VARIANCE: 7 %

GTA - DURHAM MARKET SUMMARY | JULY 2019 • The GTA - Durham attached luxury market is a Seller's Market with a 30% Sales Ratio. • Homes sold for a median of 99.16% of list price in July 2019. • The most active price bands are $579,000-$588,999 and $589,000-$598,999, where the sales ratio is 100%. • The median luxury sales price for attached homes has decreased to $560,000. • The median days on market for July 2019 was 16 days, up from 15 in June 2019. Square foot table does not account for listings and solds where square foot data is not disclosed. Data reported includes Active and Sold properties and does not include Pending properties. Prices are in CAD. 3

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