DURHAM CONTINUES TO BE A STEADY REAL ESTATE MARKET.
The Durham Region Association of REALTORS® (DRAR) reported a 10% increase in the number of new listings in May compared to April.
There were 1,179 sales during the month of May. So far this year there have been 4,495 homes sold in Durham Region.
Average prices continue to be strong with the average selling price in May of $357,386.
AVERAGE SELLING PRICE BY HOUSING TYPE
NAME
AVG. SELLING PRICE
DETACHED
SEMI
CONDO / TOWNHOUSE
CONDO APT.
LINK
ATTACHED ROW
DURHAM REGION
$357,386
$395,987
$259,434
$228,666
$220,405
$312,380
$298,605
AJAX
$395,025
$438,480
$335,563
$275,744
$216,271
-----
$316,331
BROCK
$322,921
$321,526
-----
$355,000
-----
-----
-----
CLARINGTON
$312,818
$349,330
$218,389
$223,930
$210,127
$292,775
$241,162
OSHAWA
$287,058
$316,743
$217,350
$155,689
$191,271
$266,400
$271,363
PICKERING
$432,940
$516,291
$349,567
$258,118
$237,917
$236,000
$365,359
SCUGOG
$379,349
$379,219
-----
-----
$384,000
-----
-----
UXBRIDGE
$464,642
$379,219
$378,000
-----
$220,950
-----
$375,000
WHITBY
$391,501
$437,398
$311,340
$240,015
$231,286
$336,300
$305,985
Real Estate News
JUST LISTED!!
American Craftsman Style Home!!! This Home Oozes Charm And Character!!! Constructed 1917. Spacious All Brick 3+1 Bedroom Home Featuring Original Hardwood Floors In The Living, Dining Room And Den. Each Of The 3 Spacious Bedrooms On The Upper Level Feature A Walk In Closet. Separate Entrance To The Lower Level Previously Used As In Law Suite. High Efficiency Water Heat. 2 Driveways And Parking For 5 Cars! Don't Miss This One.
For Additional Homes Currently Listed For Sale In McLaughlin Neighbourhood Please Click Here.
JUST SOLD!
Spacious 4 Level Sidesplit In Exceptional "Glens" Location. Numerous Improvements In This 3+1 Bedroom Home. All Windows Replaced, Upgraded Furnace And Gas Fireplace. Large Deck In Yard, Fully Finished Basement With Recreation Room And Additional Bedroom. Lovely Open Concept Living/Dining Room With Hardwood Floors. Eat In Kitchen And Cozy Family Room With Walk Out To Rear Yard. Lots Of Perennials In The Front And Rear Yard. Mature Tree Lined Location. Large Paved Drive With No Sidewalk. Garage Access Into Home With GDO. New Front Door. Hardwood Under Broadloom In All Upper Bedrooms.
For additional listing in McLaughlin neighbourhood click here.
JUST LISTED!
30 LAGUNA PARKWAY UNIT # 13, RAMARA, ONTARIO
Wow!! Gorgeous 3 Storey Townhouse In Lagoon City! Spectacular Views And Sunsets From Your Own 16'X16' Private Deck. Sit Back, Relax And Watch The Boats Go By. Fantastic Layout. Private Boat Slip Right At Your Doorstep! Approx 50K In Upgrades. Granite Counter And Hardwood Floors In The Spacious Kitchen. Living Room Features Hardwood Floors, A Marble Fireplace And A Walkout. Open Concept Dining Room With Hardwood Floors. Fantastic Master Bedroom With Ensuite Featuring A Jacuzzi Tub. Family Room Features Hardwood Floors And Walk Out. Within Walking Distance Of Restaurants, Community Centre, Marina And Beach.
Click here for the Lagoon City Community Association homepage. From this page you can view the Lagoon City webcam.
TREB Market Watch - December 2011
Oshawa House Sales Activity And Prices
Date
# of Listings
% Change
# of Sales
% Change
Average Sale Price
% Change
1984
1,728
64,473
1985
1,725
0.2
74,200
15.1
1986
3,198
85.4
93,312
25.6
1987
2,899
-9.3
118,484
27.0
1988
3,853
2,816
-2.9
134,047
13.1
1989
4,259
10.5
2,193
-22.1
165,804
23.7
1990
5,077
19.2
1,476
-32.7
151,310
-8.7
1991
4,990
-1.7
2,223
50.6
135,941
-10.2
1992
4,470
-10.4
2,277
2.4
126,223
-7.1
1993
3,500
-21.2
1,869
-17.9
119,862
-5.0
1994
3,339
-4.6
1,850
-1.0
122,569
2.3
1995
3,025
-9.4
1,745
-5.7
119,692
-2.3
1996
4,896
61.9
1,958
12.2
124,251
3.8
1997
2,979
-39.2
2,033
3.8
128,051
3.1
1998
2,819
-5.3
1,906
-6.2
130,575
2.0
1999
2,798
0.7
2,050
7.6
132,743
1.7
2000
2,855
2.0
2,061
0.1
141,407
6.5
2001
3,007
5.3
2,200
6.7
146,299
3.5
2002
2,912
-3.2
2,280
3.6
157,841
7.9
2003
3,322
14.1
2,397
5.1
169,779
7.6
2004
3,690
11.1
2,667
11.3
186,157
9.6
2005
3,926
6.4
2,293
-14.0
198,824
6.8
2006
4519
15.1
2323
1.3
205,708
3.5
2007
5318
17.7
2565
10.4
216,365
5.2
2008
4831
4.2
2186
-14.8
217023
0.3
2009
3859
-20.1
2204
0.8
217,751
0.3
2010
4458
15.5
2356
6.9
230,856
6.0
2011
1530
-11.6
796
-9.9
246,101
6.8
from MLS statistics of Durham Region Association of Realtors
** % change from year to date one year ago
What's Happening In Real Estate
Avoid the Credit Report Blues
AVOID THE CREDIT REPORT BLUES.
Do you know whether there is an error on your credit report? There may be.
In fact, according to surveys, many people are surprised(or shocked) by at least on piece of information in their credit report. All it takes is one incorrect item to create an obstacle to getting the lowest mortgage rate possible, or even getting a mortgage at all. So it pays to find out what your report says about you before you shop for a new home.
How do you do that? Go to a major credit bureau that has a website which allows you to order your own credit report online for a reasonable fee. For example: Equifax(www.equifax.com).
If you discover an error, notify the credit bureau immediately. The are required by law to promptly make a correction.
Fit To Sell - Are You Fit To Sell?
Rethinking Your Garage For Alternative Purposes
RETHINKING YOUR GARAGE FOR ALTERNATIVE PURPOSES
As demand for optimal usage of home space increases, garages are coming under scrutiny for being underutilized. The combination of the pressure on every bit of real estate in today's ecomony, and the move away from one or more big cars, means homes no longer need excessive garages. These spaces have now become candidates for more diversified uses. In particular, a two-car garage could be sectioned off for any number of additional purposes - from a separate guestroom/apartment to a home theatre, studio, hobby/games room or children's play area. To make such a renovation, you will probably have to consider flooring, plumbing, electrical, insulation and HVAC system installations, as well as the replacement of the garage door with a wall and/or window. As part of the renovation, take into consideration the accommodation of an electricity outlet for future electric cars in the remaining garage area, and provide either standard 110 volt or a dedicated 220 volt electricity supply.
What's Taxable Under HST & What's Not
Find Out What's Taxable Under The HST and What's Not. Clink on the Link below:
