The resale housing market in Durham Region in 2011 was strong with a total of 9,807 sales in the region.
In December 548 new listings were added to the inventory of available re-sale homes bringing the total to 1,592 active listings.
Average prices in the region have also remained robust this year. Sellers have seen a moderate increase in the equity of their homes, while home buyers are still getting excellent value for their dollar.
The average selling price for December was $315,793.
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 - Pre-Packing
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:
