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Helping You is What We Do
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Market Watch- updated Jan.16,2008 |
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Area |
Name |
Average
Selling
Price |
Single
Detached |
Semi
Detached |
Condo/
Twnhse |
Condo
Apt. |
Link |
Attached
Row |
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E12 |
S. Pickering |
264,179 |
283,300 |
233,000 |
199,750 |
-- |
-- |
-- |
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E13 |
N. Pickering |
301,629 |
355,130 |
278,500 |
225,800 |
180,250 |
272,500 |
265,333 |
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E14 |
Ajax |
298,908 |
324,067 |
282,036 |
220,271 |
140,000 |
219,000 |
258,150 |
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E15 |
Whitby |
281,611 |
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236,000 |
197,993 |
228,000 |
237,500 |
243,000 |
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E16 |
Oshawa |
208,472 |
228,217 |
171,333 |
130,330 |
132,750 |
215,333 |
186,500 |
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E17 |
Bowmanville
Courtice |
246,349 |
299,350 |
183,250 |
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224,996 |
185,400 |
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E18 |
Whitevale
Claremont |
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790,000 |
-- |
-- |
-- |
-- |
-- |
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E19 |
N. Whitby
N. Oshawa |
414,107 |
427,654 |
-- |
-- |
-- |
238,000 |
-- |
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E20 |
Newcastle
& North |
325,100 |
348,188 |
-- |
-- |
248,000 |
217,500 |
-- |
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E21 |
Scugog |
314,112 |
314,112 |
-- |
-- |
-- |
-- |
-- |
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RECORD SETTING YEAR!
DURHAM REGION-The Durham Region Association of REALTORS® reports the best ever year of sales of single family homes in Durham Region with 9,978 changing hands during 2007 and represents a 9% increase over 9157 total sales in 2006. The month of December produced only 423 sales which is reflective of a slow holiday market.
Although the average price of a home for the month of December 2007 alone was $273,379, the average year-over-year house prices rose 4.6% in 2007 to $269,600 from $257,850 at the end of December, 2006.
Housing inventory was up 10.4% at the end of 2007 with 19,973 homes for sale on the Multiple Listing Service® (MLS®) from 18,099 at the end of 2006. December alone reported 1,638 listings, down 30% from 2125 in November 2007 again as a result of the holiday season.
The dollar volume of activity for 2007 was a record $2,690,073,166 up 13.9% from $2,361,128,561 at the end of 2006.
The average number of days on the market in 2007 was 41- down slightly from 43 days in 2006, with sellers receiving on average 98% of the listed price, unchanged from the previous year. | | |
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