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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.

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  • Buy
    • Helping You Buy
    • Book A Buyer’s Meeting
    • Get New Listing Alerts
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Royal LePage Frank Real Estate - Independently owned & operated, Brokerage

February 8, 2024 | Market Update

January 2024 Market Update

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What's Happening with Durham Region Real Estate?

The Real Estate industry, along with the buying/selling public, anxiously anticipate interest rate relief sometime this year. I’ll be the first to admit frustration at the cost of financing a mortgage and how “locked out” the younger generation is, when it comes to the housing market. I’m a proponent of using amortization rates as a tool to help first time home buyers put a roof over their heads but there is, to my knowledge, no discussion at any level of government on this. Meanwhile…

 

The 2024 market is off to a decent start out of the gate. Sales were up 38% over January of 2023 in the Region, from 392 units to 539. While sales were up, new listings declined by 5% over the same time period. This will keep selling prices steady.

The Average Selling Price in Durham Region came in at $894,825, up slightly from $883,790 a year ago. If you think this is a minor accomplishment, think again. In January of last year, the Average Selling Price had dropped 24% from the previous year. We’ve seen the bottom and it’s in the rear view mirror, in this writer’s opinion.

 

Months of Inventory across the Region stood at 1.4 months. When you drill down to certain types of homes and certain neighbourhoods, that number can drop dramatically. Days on Market stood at 33 days, up from 6 days in the peak. I’ll take it. A month gives us marketers time to run ads, knock on doors, make calls and really dig for buyers the way we did in prior, balanced markets.

The Sale Price to List Price came in at 99%, very healthy. That means when Sellers finally figure out what that true market value of their home is, the market is giving it!

 

And drum roll finally; the Sales to New Listings Ratio clocked in at 65.1%, gently tipping into Seller territory. That figure is the one to watch as we head into the Spring market.

 

I’m confident this is going to be a good year in real estate in Durham Region. The market is complicated but that’s where our experience counts. If you’d like to know the value of your home, reach out to us for aFREE equity checkup!

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

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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

📍 For Sale: 264 Williams Point Rd, Scugog 🔥 📍 For Sale: 264 Williams Point Rd, Scugog

🔥 Waterfront with a twist! What if your everyday started with sunrise over the lake and ended with golden-hour reflections on the water? This 4-bedroom, 2-bath home isn’t just a place to live—it’s an experience.

Step inside to hardwood floors, custom wood finishes, and a kitchen that inspires—stone backsplash, gas stove, stainless steel appliances, and an island perfect for conversation. Outside? A four-tier deck and a long dock ready for lazy mornings, family gatherings, or unforgettable sunsets.

With major updates done between 2017–2019 (insulation, plumbing, electrical, and roof), this property blends comfort and peace of mind with natural beauty. And yes—it’s on a school bus route and minutes from local parks and amenities.

We’re A.I. Certified Agents™, bringing the A.I. Listing Advantage to give this home unmatched visibility and connect it with the right buyers faster.

💬 Curious? You should be. Book your private tour today and see what lakefront living feels like.

📲 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 #ScugogWaterfront #DurhamRegionRealEstate #ScugogHomes #AICertifiedAgent #AIListingAdvantage #OntarioHomesForSale #LakefrontLiving #WaterfrontProperty #HomeForSaleOntario #ScugogRealEstate #DurhamRegionHomes #ScugogRealEstate #RealEstateWithAI #YourNextHome
🏡 Want to sell your home faster? A clean home i 🏡 Want to sell your home faster? A clean home is a happy home - and a faster-selling one too!

I've spent decades in real estate, and trust me, a sparkling home makes all the difference. Here's how you can get started:

1️⃣ Declutter: Start by removing items you don't need. Less clutter means more space for potential buyers to imagine their own things.

2️⃣ Sweep & Mop: Give those floors a good clean! Use a soft mop for hardwoods. It makes rooms look bigger and fresher.

3️⃣ Windows & Mirrors: Use a streak-free cleaner to let that natural light shine through. Bonus - sparkling mirrors make rooms look brighter and more spacious!

4️⃣ Dust Like a Pro: Dust off shelves, ceiling fans, and baseboards. It’s surprising how much freshness this adds!

5️⃣ Aroma Therapy: Air out each room and consider adding a light fragrance. Fresh air + sweet smells = a welcoming vibe.

Next time you're prepping your place for sale, remember: A little elbow grease goes a long way!

What cleaning tip do you swear by when getting your home ready to sell? Share in the comments below! 👇✨🏡

#RealEstate
Uh-oh! 🛑 Didn't pass the home inspection? No wo Uh-oh! 🛑 Didn't pass the home inspection? No worries, let's fix it on a budget!

With over 40 years of expertise in Durham, I've got your back. 💪 Here’s how to get your home ready for a smooth re-inspection:

1️⃣ Quick Fixes First: Start with small repairs - leaky faucets, broken light switches. A screwdriver and YouTube can be your best friends.

2️⃣ Safety First: Ensure smoke alarms and carbon monoxide detectors work. You can find affordable options at most hardware stores.

3️⃣ DIY Touch-Ups: Fresh paint can do wonders. Choose neutral colors; they appeal to more buyers. Grab a brush and get started!

4️⃣ Exterior Clean-Up: Trim bushes, mow the lawn, and check gutters. Curb appeal matters!

Remember, these fixes not only help with the inspection but also boost your home's value. 

What was the most surprising thing you learned from a home inspection? Share below! 👇

#RealEstate
✨ Something special just hit the market in Newca ✨ Something special just hit the market in Newcastle… and it’s not your typical family home.

Welcome to 39 Cutler Dr.—a 5-bedroom, 4-bath property with 2,249 sq. ft. of living space, a triple-wide driveway, and a private backyard retreat complete with mature trees and a pool.

Imagine mornings on your primary suite balcony, cozy evenings by the gas fireplace, and weekends entertaining in a finished basement with its own rec room, full bath, and extra bedroom.

All of this sits on a quiet crescent just steps from downtown shops, future schools, and parks—offering both comfort and connection.

📌 And here’s the edge: this listing is powered by the A.I. Listing Advantage™. As A.I. Certified Agents™, Keith Williams and Lisa C. Follows combine cutting-edge marketing with real human strategy to attract qualified buyers faster and smarter.

Curious yet? 🔑 This one won’t stay quiet for long.

💬 Message us today to schedule your private showing before it’s gone.

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

#WillowsRealtyGroup #DurhamRegionHomes #NewcastleRealEstate #NewcastleOntario #ForSaleNewcastle #39CutlerDrive #FamilyHomeWithPool #AIListingAdvantage #AICertifiedAgent #DurhamRegionRealEstate #OntarioHomesForSale #HomeSweetHome #RealEstateDurhamRegion #NewcastleLiving
📍 The Top 5 Oshawa Neighbourhoods Buyers Can’ 📍 The Top 5 Oshawa Neighbourhoods Buyers Can’t Stop Talking About

What’s driving the buzz in Oshawa right now? From family-friendly communities to investment hot spots, buyers keep asking us about these five neighbourhoods—and the reasons might surprise you. 👀

As local experts and A.I. Certified Agents™, we don’t just keep up with trends—we use the A.I. Listing Advantage to analyze data, predict buyer demand, and position homes where they get the attention they deserve.

Want to know which Oshawa neighbourhoods made the list—and why they could be your next move? 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!

#OshawaRealEstate #DurhamRegionHomes #WillowsRealtyGroup #AICertifiedAgent #AIListingAdvantage #PortPerryRealEstate #DurhamRegionLiving #HomeBuyingTips #RealEstateExperts #YourNextHome
✨ Approx. 67 Acres. Endless Possibilities. What ✨ Approx. 67 Acres. Endless Possibilities.
What would you do with rolling meadows, trails through the trees, and outbuildings ready for your projects? This 4-bedroom, 2-bath country home near Seeley’s Bay comes with two bright sunrooms, a wood-stove-warmed living room, and a kitchen that feels like the heart of the home.

The land tells its own story—barn, coops, silo, and garage space—perfect for hobby farming, storage, or creating something entirely your own. The surrounding farmland is lovingly maintained, giving you room to dream bigger.

And here’s the edge: as A.I. Certified Agents™, Keith Williams and Lisa C. Follows bring the A.I. Listing Advantage—a smarter, more targeted way to position your property for maximum exposure and buyer interest.

👀 Ready to see what makes this property unforgettable? Your private tour is just a call away.

📲 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 #SeeleyBayHomes #CountryLivingOntario #DurhamRegionRealEstate #SeeleysRealEstate #FarmhouseLiving #AICertifiedAgent #AIListingAdvantage #OntarioAcreage #YourNextHome
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