MLS Real Estate Statistics for Durham Region (including Whitby, Brooklin and Oshawa)
Spring is most definitly in the air and hopping along! The latest housing market numbers for Durham Region show a continued push in Sales, Asking prices, and New listings when compared with March 2011's Region of Durham numbers. March is as fertile as expected with an increase of over 180 active property listings from last month!
With the average selling price in Toronto at over $548,000 it may be time to consider Durham Region when you are thinking of making a move! Are you a home owner thinking of Sellingyour Durham Region area property? Are you wondering about the current market or when the best time would be to put the "For Sale" sign up?
Maybe you are planning on Buying and investing in your own home and are curious to know about the current market in Whitby, Brooklin, Oshawa or other areas in the Region of Durham, Ontario?
Whether you are looking to Sell, Buy or simply interested in keeping up to date on the Durham Region housing market, the following data may be beneficial to you.
Below you will find some of the various Durham Region Real Estate statistics gathered from the Toronto Real Estate Board's MLS System "Market Watch" report. The data compares March 2012 with March the previous year.
H The Durham Region area had 1179 sales in March 2012 measured against 975 home sales in March 2011 and well over 300 more sales than in February 2012.
H The average asking price for a home in the Region of Durham in March 2012 was $330,481 in comparison to $317,845 in March 2011
H The number of days it took to sell a home in Durham Region in March 2012 was, on average, 26 days showing a faster selling time when compared with last month’s numbers of an average of 29 days.
Homeowners who work with their Realtor® to offer a thoughtfully priced and well presented home for sale, in an market such as this, it often leads to a flurry of activity from those looking to buy...and, it may even result in more than one offer to purchase their home!
Informed buyers take early steps such as reviewing the necessary documentation with their Realtor® and ensuring they are pre-approved for mortgage financing ahead of time so that they are ready to make a move when the right home comes along.
So, if you are thinking of making a move to sell or to buy a home, contact your Real Estate professional now to begin the process. You'll be glad you did!
If you should have any Real Estate questions, whether big or small, please feel free to contact me. I appreciate the opportunity and am always glad to help.
Want to review the current Real Estate documentation you will likely be asked to sign when purchasing a home or placing your home up for sale? Check out my "understanding Real Estate forms" guide.
HAVE LINDA BECOME YOUR REALTOR® LONG BEFORE YOU NEED ONE, AND SHE'LL BE RIGHT THERE FOR YOU WHEN YOU DO!
Wonder how much your neighbours are selling for? Check out the Durham Region Property Values section showing recently sold properties for:
If you wish to see home prices for other areas within Durham Region or elsewhere in the Greater Toronto Area such as: Ajax, Pickering, Markham, Aurora, Toronto, etc., please feel free to contact me.
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Understanding the Offer to Purchase Form is essential once your house hunting expedition is a success! You have found the perfect home, one that satisfies your needs, most of your wants- and best of all, fits your pocketbook. Now comes one of the most important phases of your home-buying experience: making an offer to purchase the home.
If you are buying a home, then, before you decide on whether this home is your dream home, the following checklist will help you look at prospective homes with a critical eye. We suggest printing this page and putting it on a clipboard. When you find a home that really interests you, mark the features you see and note their general condition on this list.
SELLING YOUR HOME ON YOUR OWN - OR USING A REAL ESTATE SALESPERSON
STAGING… FOR A FASTER SALE AND HIGHER PRICE
If you have decided that now is the time to sell your home, you might be thinking: should I hire a Real Estate Sales Representative or do it alone. Have you ever considered repairing your own car? Anyone can buy the tools and parts. However, most of us just do not have the knowledge, training, experience or the expertise and commitment of time to do the job properly. Besides, there are plenty of experienced professionals to do the work for us.
There are many television shows today that focus on home staging. If you have not watched any, do yourself a favor and tune in. They all say the same thing: do not even consider putting your house on the market until you have taken a close look at its condition. Experienced sales people know that you only have one shot at impressing potential buyers, so take some time to prepare your home for showings. You will be rewarded with a faster sale and a higher offer.