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 Selling your 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!