Call Durham Region Home - Real Estate Blog

I have listed a new property at 31 Gabrielle CRES in Whitby.
Welcome to this fully detached 4 bedrooms, 3 bathroom home built in 2004! Located on a quiet crescent in a highly sought-after Rolling-acres neighbourhood. The perfect location to raise a family. Features: Spacious main floor layout / Family Room With A Cozy Gas Fireplace and a view of your 14 x 27 ft saltwater pool / Eat-in Kitchen with patio door overlooking stamped concrete a patio main floor laundry w/direct access to 2 car garage and much more!. Within walking distance to schools, parks, shopping, less than 10 minutes from both HWY 401 and 407. Updates: roof 2019, newer stove, dishwasher 2020. Note Saltwater pool has been opened and closed by a professional pool company since it was installed in 2012. Go to the Documents and Links area in this listing for more information. Property survey - Property Features - Feature Sheet.
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I have listed a new property at 31 Gabrielle CRES in Whitby.
Coming Soon to TRREB! Hot new listing in north Whitby's Rolling Acres on quiet crescent.-2,260 sq. ft Above Grade - 4 bedrooms and 3 Bathrooms - In-ground Salt Water Pool (14 x 27) Call Jim today at 905-409-9967 for a preview of this home. To preview this home view the Video.
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GTA REALTORS® RELEASE JANUARY 2021 STATS 


 January 2021 home sales amounted to 6,928 – up by more than 50 percent compared to January 2020. This strong start to 2021 included sales growth across all major segments including condominium apartments, both in the City of Toronto and surrounding GTA regions.


• New listings were also up on a year-over-year basis in January, but not by the same annual rate as sales. This means market conditions tightened compared to January 2020, resulting in the continuation of double-digit growth in the MLS® Home Price Index and the average selling price.


• The average selling price for January 2021 was up by 15.5 percent to $967,885 year-over-year. The MLS® HPI Composite Benchmark was up by 11.9 percent over the same period.


• Price growth was driven by the low-rise market segments, while the average condo apartment price was down in Toronto. However, if we continue to see condo sales growth outstrip condo listings growth, we could start to see renewed growth in condo prices later this year.




Find out the Value of Your Home in Todays Market 

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List - Sell - Buy your bungalow with Jim 

CALL TODAY FOR A Free Market Evaluation! 

Office - 905-434-2022 Direct 905-409-9967


Click onto the link below for bungalow listings in your desired area.



GTA BUNGALOWS 






DURHAM REGION / CLARINGTON BUNGALOWS 



PORT HOPE and COUBORG BUNGALOWS 


GRAFTON / COLBORNE / BRIGHTON 


Trenton / Quinte West 


BELLEVILLE  BUNGALOWS 


PRINCE EDWARD COUNTY


PETERBOROUGH BUNGALOWS 


KAWARTHA BUNGALOWS 


HOMES and COTTAGE PROPERTIES 



#BungalowJim  #BungalowDen   #AjaxBungalows  #PickeringBungalows #WhitbyBungalows #OshawaBungalows #CourticeBungalows  #BowmanvilleBungalows #LuxuryBungalows #PrinceEdwardCountyBungalows #NorthumberlandHillsBungalow #TrentonBungalows #PeterboroughBungalows #KawarthaBungalows


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I have listed a new property at 511 360 Watson ST W in Whitby.
Welcome To This Rarely Offered Immaculate Mistral Model In The High Demand Sail-Winds Condo Bldg. Offers 1,102 Sq Ft Of Spacious Living And 2 U/G Parking Spots. The Spacious Master Bedroom Has A Walk-In Closet, Full Ensuite With A Separate Shower And Jacuzzi Tub. 2nd 3 Pc Bath, Large Living And Dining Area, Ensuite Laundry And Good Sized Balcony, To View Spectacular Sunsets. Fees Include Building Insurance, Hydro, Heat, Cable And Internet.
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Looking back on 2020, it is definitely one for the record books. It was a tough year and some days were harder than others that’s for sure, but there was a silver lining in 2020.  Communities seemed to come together and we got to know our neighbours a little better. We all owe a debt of gratitude to the front line workers, health care providers, sanitation crews, grocery store clerks, delivery drivers and everyone who served the community throughout the year.  We must also continue to support all the local businesses as they make it through these tough times. 


If we think back to March of last year most people were not predicting the real estate market to do this well and many predicted the complete opposite. I guess hindsights 2020. We now know that while the pandemic has wreaked economic havoc on some, for others it has had the opposite effect. This opportunity for some to save, the extremely low cost of borrowing and the emerging trend of working remotely has fuelled the market. Couple this with the low inventory of homes and boom prices go up.  There doesn’t seem to be any major changes coming, so I anticipate the upward trajectory to continue, at least through the first half of 2021.  If we can vaccinate enough of the population where we start seeing service, entertainment, tourism and immigration returning, then look for the condo segment to start bouncing back as people move back into the cities core, which may help to balance the market later in the year.  


Highlights from 2020 reported by TRREB.


  • After a noticeable dip in activity between March and April market conditions improved dramatically and the second half of the year saw consecutive months of record sales and average selling prices.
  • 95,151 sales were reported through TRREB’s MLS® System – an increase of 8.4 per cent compared to 2019. 
  • Sales growth was strongest year over year in the regions surrounding Toronto, particularly for single-family home types.

We have been working on some exciting things for 2021 and are looking forward to helping our clients acheive all of their real estate goals this year. Stay safe and please feel free to reach out if you have questions or are looking at making a move this year.


Best regards,

The JSA team

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The Greater Toronto Area housing market followed an unfamiliar path in 2020. Following the steep COVID-induced drop-off in demand during the spring, home sales roared back to record levels throughout the summer and fall. A strong economic rebound in many sectors of the economy, ultra-low borrowing costs and the enhanced use of technology for virtual open houses and showings fuelled and sustained the housing market recovery.

–Lisa Patel, TREB President


While the housing market as a whole recovered strongly in 2020, there was a dichotomy between the single-family market segments and the condominium apartment segment. The supply of single-family homes remained constrained resulting in strong competition between buyers and double-digit price increases. In contrast, growth in condo listings far-outstripped growth in sales. Increased choice for condo buyers ultimately led to more bargaining power and a year-over-year dip in average condo selling prices during the last few months of the year.

– Jason Mercer, Director, Market Analysis, TREB



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We have experienced remarkable real estate market results in November 2020 in Durham Region with double-digit home value increases. This has been driven by historic low-interest rates and in part the effect of the COVID - 19 pandemic and tightening markets in land-based detached, semi-detached and townhome homes. For more information about the current market conditions in the Durham Region and how they will affect the value of your home please give us a call at 905-434-2022 or text 905-409-9967, we are here to answer all your questions.  






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#DurhamRealEstate #MarketWatch #RealEstateSalesStats  #PickeringRealEstate #AjaxRealEstate #WhitbyRealEstate #OshawaRealEstate #ScugoggRealEstate #MyFallingbrookRealEstate #PringleCreekRealEstate #JimStantonandAssociates #JimStantonRealtor #BungalowDen #BungalowJim #BenStantonRealtor #BrianStantonRealtor #SellwithStanton  #StantonSells #HomeValues #soldoverlistprice #Soldoverasking  #SuttonHeritage

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RECAP OF TRREB MARKET WATCH IN THE NEWS


Below, TRREB has gathered a list and links of coverage from national, provincial, and local media outlets


Stay tuned to your email inbox next month for the October issue of Market Watch to Your Inbox.

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GTA REALTORS® Release August Stats

Toronto Regional Real Estate Board (TRREB) President Lisa Patel announced that the strong rebound in Greater Toronto Area (GTA) home sales continued with a record result for the month of August. GTA REALTORS® reported 10,775 residential sales through TRREB’s MLS® System in August 2020 – up by 40.3 per cent compared to August 2019.

Sales were up on a year-over-year basis for all major home types, both in the City of Toronto and surrounding GTA regions. It should be noted that the low-rise market segments, including detached and semi-detached houses and townhouses, were the drivers of sales growth. Condominium apartment sales were up on an annual basis for the second straight month but to a lesser degree.

“Increased demand for ownership housing has been based on improving economic conditions, in terms of monthly GDP growth and job creation, and the continuation of very low borrowing costs. In addition, fewer households have chosen to go on vacation as a result of COVID-19 and instead have remained in the GTA and been active in the housing market, satisfying pent-up demand from the spring,” said Ms. Patel.

Both the number of new listings entered into TRREB’s MLS® System during the month and the number of active listings at the end of the August 2020 were up on a year-over-year basis. While new listings were up strongly for all home types, growth in new condominium apartment listings far outstripped growth in the other market segments.

“Generally speaking, market conditions remained very tight in the GTA resale market in August. Competition between buyers was especially strong for low-rise home types, leading to robust annual rates of price growth. However, with growth in condominium apartment listings well-outstripping condo sales growth, condo market conditions were comparatively more balanced, which was reflected in a slower pace of price growth in that segment,” said Jason Mercer, TRREB’s Chief Market Analyst.

The MLS® Home Price Index Composite Benchmark was up by 11.1 per cent in August 2020 compared to August 2019. Over the same period, the overall average selling price was up by 20.1 per cent to $951,404. Annual detached and semi-detached sales growth was stronger in the comparatively more-expensive City of Toronto compared to the surrounding GTA regions, which helps explain why growth in the overall average selling price outstripped growth in the MLS® HPI Composite Benchmark.





#DurhamRealEstate #MarketWatch #RealEstateSalesStats  #PickeringRealEstate #AjaxRealEstate #WhitbyRealEstate #OshawaRealEstate #ScugoggRealEstate #MyFallingbrookRealEstate #PringleCreekRealEstate #JimStantonandAssociates #JimStantonRealtor #BungalowDen #BungalowJim #BenStantonRealtor #BrianStantonRealtor #SellwithStanton  #StantonSells 

#HomeValues #soldoverlistprice #Soldoverasking 

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I have listed a new property at Lynde Creek, Whitby.
Must See Immaculate 3+1 Bed. 5 Level Side-Split W/ Gorgeous I/G Pool In Whitby's Sought After Lynde Creek Features Finished Throughout All 5 Levels / Modern Open Concept Kitchen With Quartz Counters/Tile Backsplash/Breakfast Counter / Stainless Appliances California Shutters And A Large Dining Area Overlooking The Pool / Main Floor Family Room Overlooking Pool / Landscaped Yard W/ Hardwood Flrs /Crown Moulding / W/O To Deck/Pool.
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I have listed a new property at 852 Logan CRT in Oshawa.
Must See! Jeffery Built Raised Bungalow Situated On A Quiet Court In The North Oshawa's Deer Valley Neighbourhood On The Border With The Town Of Whitby. This Immaculate Home Features Spacious Living And Dining Rooms, Large Eat-In Kitchen With W/O To The Sunroom Which Overlooks The Rear Deck, Pie-Shaped Fenced Back Yard, 3 Bedrooms / Finished Rec Room With Gas Fireplace, Newer Windows, Roof 2017, Furnace 2012, Upgraded Attic Insulation 2018. Your New Home Comes With A 200 Amp Service, Central Vac And Is Within Walking Distance To Griffith Park To Schools/Community
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Must See! Jeffery built raised bungalow situated on a quiet court in the north of Oshawa’s Deer Valley neighbourhood on the border with the Town of Whitby. 


Call or text Jim for more details 

905-409-9967

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