Skip to content
Connect
Connect
  • Buy
    • Helping You Buy
    • Book A Buyer’s Meeting
    • Get New Listing Alerts
    • Buyer Calculators
  • Sell
    • Helping You Sell
    • Book A Seller’s Meeting
    • Book A Home Evaluation
  • Senior & Special Needs Services
    • Senior & Special Needs Services
    • Book A Comfort Call
Willows Realty Group Logo

Willows Realty Group

  • Listings
    • Our Featured Listings
    • Search All Listings
    • Map Search
  • About
    • Meet Willows Realty Group
    • How We Give Back
    • Where We Work
    • Sign Up For Our Newsletter
    • Join Our Team
    • Get In Touch
  • Client Experience
  • Blog

Connect With Willows Group

Real estate can be confusing. We’re here to clear the air. Whether you’re buying, selling, or downsizing, we simplify what’s complicated so you can achieve more, easily.

To get started, you can call us at 1.888.926.2066, email us at team@willowsgroup.ca, or complete the form below.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
I agree to be contacted by Willows Realty Group via call, email, and text. To opt out from texts, you can reply, "stop" at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply. Privacy Policy
Willows Realty Group Logo
  • Buy
    • Helping You Buy
    • Book A Buyer’s Meeting
    • Get New Listing Alerts
    • Buyer Calculators
  • Sell
    • Helping You Sell
    • Book A Seller’s Meeting
    • Book A Home Evaluation
  • Senior & Special Needs Services
    • Senior & Special Needs Services
    • Book A Comfort Call
  • Listings
    • Our Featured Listings
    • Search All Listings
    • Map Search
  • About
    • Meet Willows Realty Group
    • How We Give Back
    • Where We Work
    • Sign Up For Our Newsletter
    • Join Our Team
    • Get In Touch
  • Client Experience
  • Blog

Royal LePage Frank Real Estate - Independently owned & operated, Brokerage

March 8, 2024 | Market Update

February 2024 Market Update

Share This Post:
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Momentum Builds Towards a Better Spring Market

Real estate sales increased in February, gearing up towards a solid, Spring market. Sales volume jumped 38% to 745 units from 539 units in January. On a year over year basis, sales were up 25% from 2023!

New Listings also jumped by 47% from the previous month; from 828 to 1,217 units across the Region. On a year-to-date basis, the jump was 15% compared to the same period last year. The increase in inventory presented more choice for Buyers but, with the sizeable increase in sales, the most desirable properties were getting multiple offers, mainly in the price ranges below $900,000.

 

Interest rate increases have stalled, creating optimism in the market. Buyers who sat on the sidelines for over a year want to find a home, especially with astronomically high rents showing no signs of slowing. Many Buyers have saved more money for a down payment over the past year, somewhat off setting the higher rates.

 

The Market in Durham Region sat at 1.1 Months of Inventory, down slightly from 1.4 Months in January. Average Sale Price was up slightly, from $894,825 in January to $919,017 in February and up 2% from $886,908 recorded in February 2023. Year-To-Date Total Dollar Volume really took a leap of 33% over last year, across the Region with Oshawa (42%) and Whitby (41%) leading the pack!

 

Average Days On Market also declined from 33 Days in January to 20 Days in February, showing pick-up in the pace of the market. The Average Sale Price/List Price percentage increased from 99% to 102% month over month and, the Sales To New Listing Ratio came in at 61.2%, slightly favouring Sellers and making things a bit more challenging for Buyers.

 

Momentum will continue to build. We’re busy doing Market Appraisals and Seller/Buyer consultations, so we see the action before it translates to the streets. One thing we lose sleep on is “affordability.” It’s an on-going issue at every level of government. We’d love to see an increase in Amortization Rates, allowing first-time buyers more options for affordable mortgage payments, yet no one in government is speaking to this issue.

 

If your mortgage is coming up, please get mortgage advice. Banks are offering early renewals which, in a market of future declining rates may not be the best choice for you. We can put you in touch with some excellent lenders who have your best interests at heart.

 

Reach out anytime to: team@willowsgroup.ca

Sign Up Here

Want To Learn More?

Reach out today and we’ll be in touch shortly.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
I agree to be contacted by Willows Realty Group via call, email, and text. To opt out from texts, you can reply, "stop" at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply. Privacy Policy

Related Posts

Durham Region Real Estate Update: February 2025 

Durham Region Real Estate Market Update – April 2025

What the Recent Interest Rate Cut Means for Buyers, Sellers, and the Canadian Real Estate Market

Keep Reading

Get Market Insights

Delivered directly to you. We’ll send you market updates, the latest listings, and neighbourhood news when you join our mailing list.

Sign Up

We’re ready to help.

Connect with us to talk real estate, life goals, and how to get started.

To get started, you can call us at 1.866.447.4434, email us at team@willowsgroup.ca, or complete the form.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
I agree to be contacted by Willows Realty Group via call, email, and text. To opt out from texts, you can reply, "stop" at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply. Privacy Policy

Keith Williams

Broker

Lisa C. Follows

Broker

We want to hear from you!

1.866.447.4434

team@willowsgroup.ca

Royal LePage Frank Real Estate - Independently owned & operated, Brokerage

268 Queen St.
Port Perry, ON L9L 1B9

Follow Us @WillowsRealtyGroup

🏡 Step Into a Piece of Bowmanville History! Bui 🏡 Step Into a Piece of Bowmanville History!
Built in the 1920s and reimagined for modern living, this rare Prairie-style semi-detached home blends timeless craftsmanship with contemporary comfort. Think leaded glass, rich wood trim, and radiant heat—paired with a 16x34 ft. inground pool and a finished loft ready for your next creative idea.

Tucked on a quiet corner lot backing onto a park, you’re just steps from schools, shops, and the charm of downtown Bowmanville.

✨ A property with stories to tell… will you be the next chapter?

💡 Listed by Keith Williams & Lisa C. Follows — your A.I. Certified Agents™, using advanced A.I. Listing Advantage strategies to position this home where buyers are looking now.

💬 Curious to see it in person? Let’s make it happen.

📲 Contact Us
Keith Williams, Broker: (905) 903-9250
Lisa C. Follows, Broker: (905) 442-5847
Email: keith@willowsgroup.ca | lisa@willowsgroup.ca
Office: (888) 926-2066
💼 Willows Realty Group – Your Trusted Partner in Real Estate with the Power of AI!

#WillowsRealtyGroup #DurhamRegionHomes #BowmanvilleRealEstate #ClaringtonRealEstate #AICertifiedAgent #AIListingAdvantage #JustListed #HistoricHome #OntarioHomes #DurhamRegionLiving #AIinRealEstate #OldBowmanville #HomeWithHistory #CharacterHome #ForSaleOntario
🏡 FOR SALE | Lakefront Living Meets Everyday Co 🏡 FOR SALE | Lakefront Living Meets Everyday Comfort!

What if your backyard opened to a lakefront sunset every evening?
At 264 Williams Point Rd, Scugog, that’s exactly what you’ll enjoy.

This 4-bedroom, 2-bath home radiates character with custom wood finishes, hardwood floors, and a fully renovated kitchen with stainless steel appliances, a gas stove, and a spacious island designed for gathering. Step out to a four-tier deck and a private dock — your front-row seat to the water’s edge.

From upgraded insulation and plumbing to a newer roof, every detail has been thoughtfully updated for comfort and peace of mind. Located on a school bus route and close to local parks and amenities, this home offers lakeside tranquility with practical convenience.

✨ Listed by Keith Williams and Lisa C. Follows — both A.I. Certified Agents™ using the A.I. Listing Advantage to give your property unmatched exposure and precision-targeted marketing.

💬 Ready to experience this lakefront lifestyle? Let’s talk!

📲 Contact Us
Keith Williams, Broker: (905) 903-9250
Lisa C. Follows, Broker: (905) 442-5847
Email: keith@willowsgroup.ca | lisa@willowsgroup.ca
Office: (888) 926-2066
💼 Willows Realty Group – Your Trusted Partner in Real Estate with the Power of AI!

#WillowsRealtyGroup #DurhamRegionHomes #ScugogRealEstate #LakefrontLiving #LakefrontHomes #AICertifiedAgent #AIMarketingAdvantage #WaterfrontProperty #OntarioRealEstate #ForSale #RealEstateDurham #PortPerryHomes #YourNextHome
Thinking about retiring in a peaceful paradise? 🌳 Kawartha Lakes could be your perfect spot!

With its stunning views and welcoming communities, it’s like escaping to a serene retreat every day. Here's why it's ideal for retirees:

1️⃣ Relaxed Lifestyle: Kawartha Lakes is all about taking it easy and enjoying life. Imagine slow morning walks by the water.

2️⃣ Nature Galore: Love the outdoors? You'll never run out of trails to hike or lakes to fish. Perfect for those who want fresh air and lots of it!

3️⃣ Friendly People: Community matters! Friendly faces will make you feel right at home, and you'll find plenty of clubs and activities to join.

4️⃣ Support Systems: From healthcare to senior resources, everything is in place to make your life easier.

Thinking Kawartha Lakes might be for you? Let us guide you on this exciting new chapter. 🏞️

What do you look for in a retirement spot? Comment below! 👇

#RealEstate
FOR SALE 🏗️ | Endless Possibilities Await! E FOR SALE 🏗️ | Endless Possibilities Await!

Ever looked at a property and thought, “This could be something incredible”?
Here’s your chance to make it happen.

📍 Located just 20 minutes east of Port Perry, this nearly 1-acre commercial lot is your blank canvas for business success — with quick connections to Lindsay via Hwy 35, Peterborough via Hwy 115, and Toronto in under an hour.

💡 Featuring a solid concrete structure with two large bays, an office, washroom, and storage (plus a mechanics bay below), the setup is ready for your next idea — whether that’s an auto shop, contractor’s hub, garden supply center, or a live-work concept (with the right approvals).

This isn’t just a property — it’s potential waiting to be unlocked.

Ready to see how the A.I. Listing Advantage can help you make it yours? Let’s talk.

📲 Contact Us
Keith Williams, Broker: (905) 903-9250
Lisa C. Follows, Broker: (905) 442-5847
📧 keith@willowsgroup.ca | lisa@willowsgroup.ca
💼 Willows Realty Group, Brokerage – Your Trusted Partner in Real Estate with the Power of A.I.

#WillowsRealtyGroup #DurhamRegionRealEstate #KawarthaLakesCommercial #AICertifiedAgents #AIMarketingAdvantage #ForSaleOntario #CommercialOpportunity #PortPerryProperty #DurhamBusinessSpace #InvestInOntario #RealEstateWithAI #KawarthaLakesProperty #EntrepreneurOpportunity #OntarioRealEstate #YourNextInvestment
📣 Ready to Outsmart the Market? In today’s f 📣 Ready to Outsmart the Market?

In today’s fast-paced real estate world, timing, targeting, and tech make all the difference. 💡

That’s where our A.I. Listing Advantage comes in. As A.I. Certified Agents, Keith Williams and Lisa C. Follows use data-driven insights to price your home strategically, predict buyer behavior, and craft marketing campaigns that reach the right audience—faster and smarter.

No guesswork. No wasted time. Just powerful results that give you the upper hand.

Curious how AI can help your property stand out in the Durham Region or Kawartha Lakes market? Let’s talk about how your home can be positioned for success.

📲 Contact Us
Keith Williams, Broker | (905) 903-9250
Lisa C. Follows, Broker | (905) 442-5847
📧 keith@willowsgroup.ca | lisa@willowsgroup.ca
📞 Office: (888) 926-2066
💼 Willows Realty Group – Your Trusted Partner in Real Estate with the Power of AI

#WillowsRealtyGroup #AICertifiedAgents #AIMarketing #DurhamRegionRealEstate #KawarthaLakesHomes #AIMarketingAdvantage #RealEstateWithAI #SmartSelling #AIinRealEstate #HomeSellingExperts #KeithAndLisa #WillowsAIListingAdvantage #DurhamRegionHomes #ScugogLiving #RealEstateInnovation
🏠 FOR SALE – 39 Cutler Dr., Newcastle, ON Wh 🏠 FOR SALE – 39 Cutler Dr., Newcastle, ON

What if comfort, space, and convenience all came together on a quiet crescent?

Step inside this 4+1 bedroom, 4-bath home offering 2,249 sq. ft. of versatile living space designed for connection and everyday ease.
The bright eat-in kitchen flows into a cozy family room with a gas fireplace, while the main-floor laundry and triple-wide driveway add daily practicality.

Upstairs, unwind in the primary suite with its private balcony and 4-piece ensuite.
Need more room? The finished basement offers a rec room, guest suite, and full bath — perfect for hosting friends or family.

Outside, a fully fenced backyard with mature trees and an above-ground pool create the ultimate summer hangout spot.
All this just steps from downtown Newcastle’s shops, parks, and the future K–12 school site.

✨ Listed with Keith Williams & Lisa C. Follows — A.I. Certified Agents™
Experience the A.I. Listing Advantage, where smart marketing meets local expertise to get your property maximum exposure and qualified buyer interest.

📲 Contact Us Today!
Keith Williams, Broker: (905) 903-9250
Lisa C. Follows, Broker: (905) 442-5847
Email: keith@willowsgroup.ca | lisa@willowsgroup.ca
Office: (888) 926-2066
💼 Willows Realty Group – Your Trusted Partner in Real Estate with the Power of A.I.
🌐 willowsrealtygroup.com

#WillowsRealtyGroup #DurhamRegionHomes #NewcastleRealEstate #AICertifiedAgent #AIMarketing #AIMarketingAdvantage #JustListed #NewcastleOntario #FamilyHome #OntarioRealEstate #HouseGoals #HomeSweetHome #RealEstateCanada #ForSaleOntario #YourNextHome #WillowsListing
© 2025 Willows Realty Group
  • Get In Touch
  • Privacy Policy
Made by Artifakt Digital