Property prices for sale in Durham (Ontario)
The prices in real estate in Durham, in the Ontario region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Durham has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $99,912. In the following month the price per sq.feet decreased considerably to $83,278. The price for the following two months in (December, January) had a considerable decrease of 31 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $59,827.5 to $582 during February, and March.
Based upon to the price in Durham (cities), these have remained the same in the last 6 months. The average price for October is $808,400. During November the price had a slight fall till $720,317. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % during the last two months.
