Happy New Year! As we step into 2024, let's take a moment to look back at the real estate landscape from December. In Northumberland, we observed a slight cooling with the average sale price dipping to $712,432, a decrease of 3.9%.

This gives us a nuanced picture of the market's temperament, hinting at more opportunities for buyers. Meanwhile, Whitby shone brightly with a notable 13.9% jump in sale prices, soaring to an average of $1,107,785. This rapid growth signifies robust demand, making it a standout in the Durham region where properties continue to sell quickly, maintaining a strong 100% sale-to-list ratio.

Over in Port Hope, despite a 6.8% dip in average sale prices, the market achieved a perfect sale-to-list ratio of 100%. This tells us that even with price fluctuations, buyer confidence remains high, and sellers are pricing very effectively.

What do these figures mean for you? Whether you're considering buying, selling, or simply keeping an eye on the market, these trends provide key insights into where opportunities might lie. As your real estate experts, we're here to help you decode these trends and plan your next steps in this ever-evolving market landscape.


Featured listing

This month, we’re excited to showcase a standout property that has caught the attention of many prospective buyers. Discover 'Henry' - a property that promises not just a house, but a home filled with potential and dreams. Take a closer look at what makes Henry so special:

Nestled in the heart of Cobourg, this beautifully updated century home offers timeless character with modern comforts. The main floor boasts a spacious kitchen with breakfast bar island, a cozy living room, and a formal dining room, with refinished hardwood floors; and a mudroom with convenient main floor laundry. Upstairs, you'll find three bedrooms and a stylish 4-piece washroom. The back yard is ideal for entertaining, with plenty of space to relax and play. Located within walking distance from schools, downtown shops, and Cobourg's popular beach, this home blends charm and convenience in an unbeatable location. A rare gem that feels like home the moment you step inside!

Save the Date for Family Day at the Field House

Mark your calendars for February 17th! We are thrilled to host our annual 'Family Day at the Field House' in Hastings. We've got the admission fees covered, so bring your family and friends for a fun day out at the Hastings Field House. It's a fantastic opportunity to engage with the community and enjoy the facilities on us!

Learn more about the event here.

 

Congratulations to Our Previous Winner!

Ashley P!

This month, we have a special treat for you: a chance to win a Valentine's Day dinner out. To enter, simply respond to this newsletter by February 6th and tell us about your favorite restaurant. Sharing your top dining spot not only gives us great recommendations but also automatically enters you into this month's romantic draw!

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