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 !

DURHAM REGION HOMES STILL HOLDING THEIR OWN

I am happy to say Durham Region prices are holding their own.  Even doing better than some Toronto areas.  Our prices are still up 4% from the same time last year.... and a lot of other regions can't say that.   We have a lot of listings and our sales are down but not our prices year over year.   Yes we are not seeing the prices of Feb and March 2017 but those days are gone now.   Interest rates are start to increase slowly so anyone in variable rate mortgages might want to speak to the Broker about locking in.  I have a feeling we may see another one or two before the year is out.   I will keep you posted when the new rules come out this month and when they will take effect.  Until then, enjoy this wonderful October weather and call me if you have any real estate needs.  Cheers !

January 2017 - Market Watch - Just Released !

No surprises here !  Market up 11.8% in sales compared to January 2016 and the prices are up 22.3%.   If you are thinking of selling, this might be the year to capitalize on the equity in your home and the strong housing market.  For a more in depth analysis of your home and what I can do for you, let me know.

TREB January 2017 Market Watch from Michelle Makos

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.