{"id":19034,"date":"2022-05-12T09:34:15","date_gmt":"2022-05-12T13:34:15","guid":{"rendered":"https:\/\/www.zoocasa.com\/blog\/?p=19034"},"modified":"2022-05-12T09:34:16","modified_gmt":"2022-05-12T13:34:16","slug":"trreb-property-days-on-market","status":"publish","type":"post","link":"https:\/\/www.zoocasa.com\/blog\/trreb-property-days-on-market\/","title":{"rendered":"Now is the Time to Sell: Durham Cities Currently Have the Shortest Average Property Days on Market"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.zoocasa.com\/blog\/crea-march-2022\/\"><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Home prices in the GTA<\/span><\/strong><\/a> are showing signs of cooling, making room for buyers who have been patiently waiting to enter the market. But what about sellers? Many might be concerned about long listing periods and their home sitting on the market.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Read: <\/strong><a href=\"https:\/\/www.zoocasa.com\/blog\/trreb-april-2022\/\"><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Great News for Buyers &#8211; Home Prices are Dropping in the GTA: TRREB<\/span><\/strong><\/a><\/li><\/ul>\n\n\n\n<p>The average property days on market (Avg. PDOM) is the measure of the average number of days a property was on the market before selling. This is regardless of whether the home was listed more than once by the same seller and brokerage during the listing contract period. This figure has seen a lot of change throughout the pandemic; in April 2020, the Avg. PDOM was 24 days. In 2021, it dropped to 14 days, a year-over-year change of -41.7%. In April of 2022, it remains at 14 days, but that figure is creeping up in many cities that homes were previously selling much faster in. Although the Avg. PDOM may continue to rise in Toronto and the GTA, the April report from the Toronto Regional Real Estate Board (TRREB) showed that there are still some cities where listings are selling faster than the average.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Read: <\/strong><a href=\"https:\/\/www.zoocasa.com\/blog\/simple-ways-to-prepare-your-home-before-selling\/\"><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Simple Ways to Prepare Your Home Before Selling<\/span><\/strong><\/a><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"736\" src=\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Year-Over-Year-1024x736.jpg\" alt=\"\" class=\"wp-image-19038\" srcset=\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Year-Over-Year-1024x736.jpg 1024w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Year-Over-Year-300x216.jpg 300w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Year-Over-Year-768x552.jpg 768w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Year-Over-Year-1536x1104.jpg 1536w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Year-Over-Year-120x86.jpg 120w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Year-Over-Year-750x539.jpg 750w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Year-Over-Year-1140x819.jpg 1140w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Year-Over-Year.jpg 600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Now is the Time to Sell in Durham Region<\/strong><\/h2>\n\n\n\n<p>Real estate in Durham Region has been booming throughout the past three years, and although <strong><a href=\"https:\/\/www.zoocasa.com\/blog\/boc-april-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"has-inline-color has-vivid-cyan-blue-color\">interest rates are rising<\/span><\/a><\/strong>, Durham region homes are still in high demand. Leading the pack with the shortest Avg. PDOM is <a href=\"https:\/\/www.zoocasa.com\/scugog-on-houses\"><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Scugog<\/span><\/strong><\/a>, <strong><a href=\"https:\/\/www.zoocasa.com\/uxbridge-on-houses\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"has-inline-color has-vivid-cyan-blue-color\">Uxbridge<\/span><\/a><\/strong> and <a href=\"https:\/\/www.zoocasa.com\/pickering-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Pickering<\/span><\/strong><\/a>, with an Avg. PDOM of eight, nine, and 10 days respectively. This is great news for those in the region that are apprehensive of selling. Since the Avg. PDOM is expected to fluctuate, now is the time to <strong><a href=\"https:\/\/www.zoocasa.com\/sell-with-zoocasa\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"has-inline-color has-vivid-cyan-blue-color\">contact a real estate agent<\/span><\/a><\/strong> for a free, in-home evaluation.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"451\" height=\"1024\" src=\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Toronto-and-GTA-Summary-Infographic-451x1024.png\" alt=\"\" class=\"wp-image-19035\" srcset=\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Toronto-and-GTA-Summary-Infographic-451x1024.png 451w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Toronto-and-GTA-Summary-Infographic-132x300.png 132w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Toronto-and-GTA-Summary-Infographic-768x1745.png 768w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Toronto-and-GTA-Summary-Infographic-676x1536.png 676w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Toronto-and-GTA-Summary-Infographic-750x1705.png 750w, https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2022\/05\/Average-Property-Days-on-Market-Toronto-and-GTA-Summary-Infographic.png 600w\" sizes=\"auto, (max-width: 451px) 100vw, 451px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Home prices in the GTA are showing signs of cooling, making room for buyers who have been patiently waiting to enter the market. But what about sellers? Many might be concerned about long listing periods and their home sitting on the market.&nbsp; Read: Great News for Buyers &#8211; Home Prices are Dropping in the GTA: [&hellip;]<\/p>\n","protected":false},"author":121,"featured_media":19065,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override":[{"single_blog_custom":"","sidebar":"","second_sidebar":"","share_position":"","share_float_style":"","post_date_format":"","post_date_format_custom":"","post_reading_time_wpm":"","zoom_button_out_step":"1","zoom_button_in_step":"1","number_popup_post":"1"}],"image_override":[{"single_post_thumbnail_size":"","single_post_gallery_size":""}],"trending_post_position":"","trending_post_label":"","sponsored_post_label":"","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo":"","sponsored_post_desc":""},"jnews_primary_category":{"id":""},"footnotes":""},"categories":[33,113],"tags":[],"class_list":["post-19034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-news","category-selling-your-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Now is the Time to Sell: Durham Cities Currently Have the Shortest Average Property Days on Market | Zoocasa Blog<\/title>\n<meta name=\"description\" content=\"Home prices in the GTA are showing signs of cooling, making room for buyers who have been patiently waiting to enter the market. 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