Durham Region Real Estate News: The Weir Team’s real estate agents and brokers witness Rising Pickering Property Values in the Dunbarton neighbourhood

 

Real Estate Broker Scott Hanton loves living and working in Pickering. After years of outstanding experience and award-winning service all over the GTA, it’s wonderful to be working with more and more real estate buyers and sellers in Durham Region.

Here are just a couple of recent sales in Durham Region (sold for record prices!):

Portelli Crescent

Chatfield Drive

The Weir Team is clearly bringing a much higher standard of real estate to Pickering, Ajax and Whitby. And the media loves us too:

Toronto Star – 50 Portelli

Toronto Star – 30 Chatfield

Contact Scott@TheWeirTeam.ca if you’re ready for a free consultation about your Durham Region property.

Pickering real estate agents at The Weir Team have witnessed a tremendous increase in property values throughout Pickering over the past several years.

Let’s take a closer look at the increasingly valuable area of Dunbarton in Pickering after careful study of historical sold Pickering real estate listings.

Bordered roughly by Spruce Hill Road to the west, the 401 to the south and Appleview Road to the east, real estate values are appreciating quite nicely in this area of Durham Region.

In 2015, between January 1 and November 30, 54 properties were sold in Dunbarton in Pickering. Pickering real estate agents saw that 53 of those houses for sale in Pickering were detached and 36 houses sold in this area of Pickering were 2 storey. It took an average of 28 days on market for Pickering realtors to sell a house here.

The average selling price of Dunbarton houses by some of the best Pickering real estate agents during this period was $865,248.

Now let’s compare year over year real estate values for Pickering according to data provided by the Toronto Real Estate Board for the Dunbarton neighbourhood.

The average selling price of houses in the real estate zone of Dunbarton, Pickering during this period in 2014 was $759,721.

Going back to 2013 for the same real estate period, the average selling price for real estate in Pickering by top Pickering Ontario realtors was $682,283.

In 2012, homeowners in this area of Pickering who wanted to sell a house enjoyed an average real estate selling price of $609,772 in the Dunbarton neighbourhood.

In 2011, selling a house in Pickering’s Dunbarton neighbourhood returned an average selling price of $584,582 by Pickering’s best real estate agents.

And if we go way back to 2010, real estate agents in Dunbarton would sell a house for an average of $517,011.

Taking a look at these numbers, some of the best real estate agents in Pickering have seen the average price of a home in the Dunbarton neighbourhood rise by approximately $348,237 over five years. Quite a good rise in Pickering property values in this area, much of it thanks to many high quality new-builds in the area.

An interesting rate of increase has also occurred for property values in Pickering, specifically the Dunbarton neighbourhood. Homeowners have enjoy an exponential rate of growth on property values in the neighbourhood.

From 2010 to 2011, Pickering realtors saw a 13 percent increase in selling prices.

From 2011 to 2012, homeowners in Dunbarton enjoyed a 4.3 percent increase in property values.

From 2012 to 2013, the best real estate agents in Pickering delivered selling prices 11.9 percent higher than the previous year.

From 2013 to 2014, selling a house in Pickering brought a 11.3 percent increase in Dunbarton property values.

And from 2014 to 2015, those looking to buy a house in Pickering saw that the actual selling prices rose by a whopping 13.9 percent.

Very good news indeed for those who own a house in Pickering in the Dunbarton neighbourhood.

The Dunbarton real estate zone includes beautiful family-friendly streets.

Some of the most expensive homes sold in 2015 are found on Appleview Road, Spruce Hill Road, Taplin Drive, Helm Street, Grayabbey Court, Fairport Road, Spartan Court and Darwin Drive. Houses on some of these streets have sold for well over a million dollars up to $2,200,000.

Other pricey Pickering Ontario streets include Rushton Road, Gablehurst Crescent, Wingarden Crescent, Heathside Crescent, Finch Avenue, Falconwood Way and Voyager Way. In 2015 most Pickering houses on these streets sold for between $700,000 and $1,000,000.

Some of those streets are also home to great value for first-time buyers looking to buy a house under $700,000. House hunters on a budget in Durham Region may want to take a good look at Dunbarton Road, Fairport Road, Jacqueline Avenue, Wingarden Crescent, Spruce Hill Road, Appleview Road, Holbrook Court, Regal Crescent and Voyager Avenue. However with real estate prices rising so quickly in Pickering, we are finding it tougher and tougher for first time buyers to find much in this area for under $600,000.

 

Scott Hanton, real estate Broker for The Weir Team lives and works in Pickering and looks forward to guiding you to the perfect Pickering home, not to mention expertly selling your house as well.

Our track record and rave reviews speak for themselves. We love our incredibly long list of very happy real estate buyers and sellers. Make sure you hire only the best.

 

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