Thank You Pickering and Community Votes

 

Welcome to 493 Broadgreen St. in South Pickering

WOW!  Calling all Nature Lovers and Entertainers !  This One Of A Kind 3+1 Bdrm. Home backs onto Petticoat Creek w/ Lake Ontario just beyond.  Tons of Upgrades.  Stamped Concrete Driveway, Walkways & Skirting around the house.  Oak Stained California Blinds, Skylights, Two Sunrooms, Solid Wood Trim, All Windows Replaced Triple Pane, including 5 Sliding Doors ('18).  Tigerwood Deck & Structures on 2 Level Deck.  Breathtaking Views.  A MUST SEE !!

For Private Showing, contact Michelle Makos, Royal Heritage Realty

Direct - 416-300-3004

1331 Glenanna Rd, Unit #27 - COMING SOON TO MLS

Location Location Location !!!!  Calling all First Time Home Buyers or Investors ... this 3 Bdrm. Condo Town is located in a Prime Pickering Location.  Minutes to transit, Pickering Town Centre and Restaurants.  Good size rooms with Eat in Kitchen.  Walk out to Fully Fenced yard with Composite Deck.  Garden Shed and more.  Check it out !!!  $529,900

To schedule a private viewing call Michelle Makos, Royal Heritage Realty at 416-300-3004

MARCH MADNESS - PRICES CONTINUE TO SOAR

I hope you are enjoying some nicer weather.  The market is much of the same.  Many lenders have come forward expressing some concern on the skyrocketing prices but with interest rates still low and the demand still there, house prices are soaring at a record pace.

A small glimpse from the March Market Report:



The change over year during a pandemic no less is absolutely unreal.  The 905 Market is almost doubled in sales from the 416 Market and they seems to be no end in sight .


We are seeing record sale prices.  The inventory is increasing in the Durham Region as well which has slowed the amount of multiple offers but they are still selling are record numbers.  

The Toronto Regional Real Estate Board (TRREB) says the average selling price jumped 21.6 per cent

in March, versus the same month last year, to $1,097,565.  How long can this last?  Your guess is now as good as mine.  I don't even know how they can possibility correct this without causing some people financial ruin.  It is like the train has left the station and it is full steam ahead.  

Something eventually will happen to put the brakes to this - numerous theories but that is all they are... guesses.  I have heard about Capital Gains Tax on your principal residence ( if valued over $1.4)... other things said we Capital Gains Tax is house was sold within a short period of time (ie. flip) even if your principal residence but these are all just speculations.  

Something will eventually slow this down.  Prices seems to be consistent.  The odd one here and there are sold below asking and some we are seeing not getting any offers and they are relisting it $100,000 higher... all kinds of crazy things happening.  Majority of offers are still firm with no conditions.  

Sales set a record for the third straight month with 15,652 homes changing hands, which is nearly twice as many as March 2020 when COVID-19 was first declared a pandemic and home sales dropped dramatically.  So clearly Covid isn't stopping the real estate market.  You can't go for a hair cut but you can looking at houses.  Who knew!!!

Now let me narrow it down for Durham Region - All Types - Average




Now for Detached Homes:




If you have any questions about buying or selling, I would be happy to assist you.  Just call, text or email.  Work with Realtors you have checked out.  Google Them!!!  I must say I appreciate all of your referrals and I feel blessed to have such great clients to work with both buying and selling.  I appreciate all your questions... Follow me on Twitter @REWoman for daily updates and also know that my live chat on my website now, lets you send me direct messages so if you see anything and have a question, reach out.  Together we can work to inform you with the details you need to make the best decisions.  

Have a great week everyone and stay safe !!! 
 

	Michelle Makos Broker Owner Royal Heritage Realty Ltd P: 905-831-2222M: 416-300-3004 A: 1029 Brock Rd Suite #200 E: michelle.makos@rogers.com FOLLOW ME ON TWITTER FOR LATEST UPDATES - @Rewoman CHECK OUT SOLD PRICES - www.DurhamSolds.ca/sold

 

593 Marksbury Rd., Pickering - SOLD OVER ASKING

SOLD OVER ASKING - Steps to the Shores of Lake Ontario ... Fabulous Opportunity for a Renovator, Contractor or someone looking to put in some TLC !!! This ideal home is surrounded by million dollar custom homes. It's being sold in "AS IS" condition. $699,900.... Excellent Opportunity for the right Buyer !!! 

PICKERING AVERAGE DETACHED PRICE SOARS PAST $1,000,000

 Well there has been no end in sight.  Along with 2020 starting out Coronavirus and the businesses closing down to contain the virus, since Phase 2 the real estate market has been climbing leaps and bounds.  Pickering has not surpassed $1M for the average sale price for a detached home.  This is shocking for some and pleasant surprise for many of the home owners in Pickering, Ontario.  

Pickering is one of the closest cities to Toronto with many means of transportation - 401, GO Train, Buses, 407ETR and Go Buses so I am not surprised people have chosen to land here.  I have lived here 30 years and raised my family here.  This news comes are good news for many.  To read the recent article, see link below:

https://www.durhamregion.com/news-story/10133728--1-million-in-pickering-housing-market-strong-in-durham/?fbclid=iwar1jwmedngaq3lblg7aznw9hja9bv128a4quzypdsmakkihbr85

For those looking to buy, this may be a little shocking and the multiple offer situation is continuing out in Durham Region.  All the more reason to work with a seasoned agent that knows how to WIN in multiple offers, the do's and don'ts .

If you are thinking on selling your home, I would love to chat about what this market is doing and when and how to maximize the equity in your home and get the top selling price !!!

Call Michelle Makos, Royal Heritage Realty today at 416-300-3004.

It's worth the call.  :)  Cheers !

1000 The Esplanade - Suite #413 - Pickering Condo For Sale

December 2016 Market Watch Report

TREB December Market Watch 2016 from Michelle Makos

Interesting Fact - December 2013 - Average Selling Prices was $520,398 and December 2016 - Average Selling Price is $729,922... not a bad return on investment !

For more information if buying or selling a home, feel free to contact me for personal and professional service.  Michelle Makos, Royal Heritage Realty Ltd., 416-300-3004

A little bit about our Company...

 Dreams do come True !   Passion ~ Energy ~ Professionalism

Here is a little bit about why and how we started Royal Heritage Realty Ltd.

One year later, two offices and 112 amazing agents.

Thinking of Selling Your Home During the Winter Season?

 12 Reasons to List

During the Holidays and the Winter Season!

There is less competition                
Winter prospects are more serious buyers
Your home looks better during the holidays
One of the highest percentages of "listings sold" to "listings taken" occur during this time of year
You may receive more money for your home now, because you have less competition
Throughout the holiday season, you may restrict showings during your personal family events
Buyers have more time to look at homes during the holidays, especially during vacations
January is traditionally the biggest transfer month - and you must be on the market to capture that market
By selling now, you can have a delayed closing or extended occupancy until the beginning of the following year if you want to


When you sell during the winter you have an opportunity to buy during the spring, when many homes are on the market
You may have fewer actual showings, but more qualified and motivated prospects
Corporate transferees, who need to buy a home now, can't wait till spring

 Michelle Makos, Realtor 

 ROYAL HERITAGE REALTY INC. Brokerage

Cell: 416-300-3004

Phone: (905) 831-2222

 

Visit me on the web at www.Homes4Sale-Durham.com

1875 Malden Crescent, Pickering Home For Sale - $549,900

Relax in your backyard with a two tiered deck ...

3+1 Bedroom Sidesplit with all the finishes.  Hardwood floors, New Windows, Furnace, A/C, GDO, Renovated Kitchen and Bathrooms

Located in Family Friendly Glendale of Pickering.  Close to transit, schools, parks, shopping and more.

Renovated Kitchen with walk-out to upper deck with new Stainless Steel Appliances and Counter top.  No Disappointments here.

Looking for a Pickering Realtor?

Pickering Homes For Sale, Pickering Real Estate, Pickering MLS, North Pickering, South Pickering, Buying or Selling,

Make sure if you are looking for a home in Pickering, Ontario - check out this page.  It is specific to Pickering, Ontario homes for sale - you can search by neighbourhood, area (east, west, north, south) and also by home type, detached, semi, condo, townhouse.

I have lived in Pickering for 23 years and know what is going on and where !  I was an active member on the Stop The Stink campaign as well as the Pickering Municipal Election.  If you need to know something about Pickering, I'm your girl !  

Looking forward to your comments about the page and please like it if you found the information valuable to you.

To your success !  Cheers !

Work, Rest, Play and Invest in Pickering, Ontario

Search North Pickering and South Pickering Homes

Searching for the home of your dreams in Pickering, Ontario? Whether it is south Pickering, near the lake or north Pickering near the 407, the opportunities are endless. North Pickering, South Pickering, East Pickering or West Pickering... I can help you decide which neighbourhood best suits your needs. Pickering is divided into many different neighbourhoods. Amberlea, Brockridge, Duffin Heights, Dunbarton, Highbush, Rosebank, Rougemount, Village East, West Shore and so on. Having lived in Pickering for 20 plus years, I can tell you about the schools, shopping, transit and more.

Here is a little video from the City of Pickering highlighting our beautiful downtown. Live, Work, Play and Invest in Pickering.

Using my Preferred Buyer MLS® Email Notification Program, you can search a huge inventory of MLS® property listings and view information about homes that are currently available not only in the Pickering area, but in any region of Durham. Based on your criteria, I can quickly locate homes complete with pictures and descriptions. You'll be notified as new homes come on the market daily by email, allowing you to see the hottest new Pickering real estate listings first, before they're sold or appear on MLS!

October Market Watch Information from TREB

October 2012 - Market Watch States -  Average Price Up in October, Despite Fewer Sales

November 5, 2012 -- Greater Toronto Area REALTORS® reported 6,896 transactions through the TorontoMLS system in October 2012 – a decrease of 7.1 per cent compared to October 2011. There were two more business days in October 2012 versus October 2011. On a per business day basis, transactions were down by 15.6 per cent.*

“Sales have decreased in the second half of this year compared to 2011, especially since the onset of stricter mortgage lending guidelines at the beginning of July. The prospect of higher monthly mortgage payments due to the reduced maximum amortization period has prompted some households to delay their home purchase,” said Toronto Real Estate Board (TREB) President Ann Hannah.

The average selling price for October transactions was $503,479 – up 6.2 per cent compared to October 2011. The MLS® Home Price Index composite benchmark price, which allows for an apples-to-apples comparison in terms of home attributes, was up by 5.1 per cent.

“We continue to see price increases well above the rate of inflation. Active listings have remained low from a historic perspective, so substantial competition between buyers still exists, especially for low-rise homes,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

“It should be noted, however, that the annual rate of price increase has been edging lower over the past few months as the market has gradually become better supplied,” continued Mercer.

*NOTE: The majority of transactions are entered into the TorontoMLS system on business days. There was a mismatch of two business days in September and October of 2012 compared to the same months last year. This is why sales on a per business day basis were noted in releases dealing with these months. The business day anomaly between the two months has now balanced out.