DURHAM REGION, May 7th 2012 - Sales figures in the Region continue to climb with the temperatures. April saw a modest gains for 3% in sales over March with 1,214 sales. This brings our year-to-date sales to 3,755 for the region.
The average selling price in Durham Region also increased to $340,820, up 3% from $330,481 last month. This brings our year-to-date average selling price to $330,379. The highest average price in the region were seen in Uxbridge with an average selling price of $516,474.
Active listings are up 6.5% in April to 2,056 available re-sale homes compared to 1,932 at the end of March. Oshawa and Clarington have the highest inventory of available homes at 409 and 375 respectively.
The Months Of Inventory(MOI) is holding at 2.4 for the Region which means that it would take 2.4 months to sell every home that is currently listed for sale (assuming no additional homes were listed).
AVERAGE SELLING PRICE BY HOUSING TYPE.
NAME
AVG. SELLING PRICE
SINGLE DETACHED
SEMI DETACHED
CONDO/
TOWNHOUSE
CONDO APT
LINK
ATTACHED ROW
Durham Region
$340,820
$379,347
$259,828
$206,484
$225,249
$271,267
$280,354
Ajax
$382,545
$432,330
$334,563
$245,838
$199,909
$271,300
$306,073
Brock
$303,195
$307,784
$216,000
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-----
-----
-----
Clarington
$296,292
$320,769
$211,750
$232,000
$217,355
$259,150
$233,267
Oshawa
$259,854
$289,829
$202,832
$155,502
$174,857
$209,500
$232,567
Pickering
$398,725
$467,843
$331,673
$238,733
$242,793
$314,750
$316,543
Scugog
$434,978
$442,341
-----
-----
-----
$273,000
-----
Uxbridge
$516,474
$546,430
-----
$298,450
-----
$320,000
$460,000
Whitby
$370,817
$410,930
$283,025
$230,433
$290,271
$305,594
$280,113
750 Jasmine Cres Oshawa
WELCOME TO 750 JASMINE CRESCENT, OSHAWA.
Looking for a bungalow in the best part of town? This is it. This 3 bedroom 2 bathroom home is located in sought after Beau Valley. Home features hardwood floors, updated bathrooms, walkout from kitchen to party sized deck. The fully finished lower level features a 3 piece bathroom and direct garage access. Oversized lot with loads of privacy. Conveniently located within walking distance to Beau Valley Public School.
Call today to book an appointment or for more information.
586 Wychwood Street, Oshawa
JUST SOLD!
A Gardener Lives Here! If You Appreciate What A Talented Individual With Vision Can Do, You Must See This Property. In The Next Few Warm Days This Will Be A Constantly Changing Landscape As Each New Species Springs Forth. Email Me For A Long List Of What This Property Offers. What A Fabulous House. A Truly Welcoming Interior. Enjoy Your Sunsets On The Deck Overlooking The Yard. Renovated Kitchen With Loads Of Cupboards. The Family Room Features A Stone Fireplace And Walkout To The Yard, Ravine And Oshawa Creek.
30 Glen Hill Drive
JUST SOLD!
Fantastic Executive 4 Bedroom All Brick Home Located In Fantastic Whitby Neighbourhood. Main Floor Family Room With Brick Fireplace And Walkout To Yard. Large Living Room/Dining Room Combination. Bright, Spacious Eat In Kitchen With Lots Of Cupboards And Counter Space And Walkout. Second Level Features 4 Large Bedrooms All With Hardwood Floors. The Master Bedroom Also Features A 4 Piece Ensuite And Double Closet. You Will Love The Completely Finished Lower Level. 2 Additional Bedrooms, Bathroom, Workout Area And Sauna Are Just A Few Of The Great Features Of The Lower Level.
Call TODAY to book an appointment or for additional information.
588 Beechwood Street
JUST SOLD!
Gorgeous 4 Bedroom 3 Bathroom Home In Great Oshawa Location. Updated Kitchen Features Granite Counter Tops. Heated Floors In The Bathroom. Updated Windows, Shingles, Soffits, Facia and Eves.
Too Many Features To List.
For More Information Call Or Email Me Anytime.
75 Hills Road Ajax
JUST SOLD!!
An Amazing House!! Your chance to personalize this 3 bedroom 2 bathoom home located on a large pie shaped lot. Four full levels. Solarium overlooks the pool. Extra 3 season room with fireplace. 3 gas fireplaces plus a gas furnace.
Don't Miss This One!!!!
Call TODAY to book an appointment or for additional information.
556 Wychwood Street Oshawa.
JUST SOLD!!!
Privacy in the city!! Picturesque views from all windows. Custom built, architect designed 4 level home. 3 bedrooms, the master bedroom having a walkout to a private balcony. Walkout from the family room to the extremely private backyard. Home features vaulted ceilings and hardwood floors on the main level. Centrally located, a 60 second walk to 2 public schools(1 French Immersion).
Fabulous value in this backsplit semi. Spacious 3 bedroom 2 bath home located in a great neighbourhood and backing onto Terry Fox Park.
Direct garage access, above grade family room with gas fireplace, upgraded windows and furnace. Walkout from the living room to balcony, walkout from the above grade family room to garden. 5 walkouts total!
Call TODAY to book an appointment or for more information.
2 Bedroom Unit In Well Cared For Complex.
JUST SOLD!
2 BEDROOM UNIT IN WELL CARED FOR COMPLEX!
Clean 2 bedroom condo in well cared for complex.
Nice open concept dining area.
The master bedroom features a walk in closet.
Take a moment to enjoy the spectacular view from your balcony.
EXCELLENT 3 BEDROOM SEMI.
JUST SOLD!
This 3 bedroom semi is located in one of Oshawa's finest neighbourhoods.
You will love the new kitchen with loads of cupboards and eat in area.
Gorgeous laminate flooring throughout the main level.
This home features updated windows and a 2 year old gas furnace.
Finished lower level with rec room.
Home backs onto Recreation complex.
JUST SOLD!
YOUR CHANCE TO OWN A PIECE OF HISTORY!
Come and see this true century home built in 1882. This home sits on a very private property featuring a barn and oversized garage. You will love the plank flooring thoughout the original home. This home features a family room addition and new inground pool.
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: