Durham Region Real Estate News: The Weir Team examines house selling prices and rising real estate property values for the Pickering area of Liverpool

 

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 house.

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 and busy real estate zone of Liverpool in Pickering which has an excellent assortment of homes that fit all budgets.

Located in the northeastern portion of Pickering, real estate values are appreciating quite nicely in this area of Durham Region.

In 2015, between February 1 and November 1, 197 properties were sold in Liverpool in Pickering. Pickering real estate agents saw that 138 of those houses for sale in Pickering were detached and 153 houses sold in this area of Pickering were 2 storey. It took an average of 11 days on market for Pickering realtors to sell a house here.

The average selling price of Liverpool houses in Pickering during this period was $549,149.

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

The average selling price of houses in the real estate zone of Liverpool, Pickering during this period in 2014 was $493,762.

Going back to 2013 for the same real estate period, the average selling price for real estate in Pickering was $439,980.

In 2012, homeowners in Pickering who wanted to sell a house enjoyed an average real estate selling price of $411,313 in the Liverpool neighbourhood.

In 2011, selling a house in Pickering’s Liverpool neighbourhood returned an average selling price of $394,260.

Taking a look at these numbers, real estate agents in Pickering have seen the average price of a home in the Liverpool neighbourhood rise by approximately $154,889 over four years. Quite a good rise in Pickering property values in this area.

Homeowners have enjoyed a healthy rate of growth on property values in the neighbourhood.

From 2011 to 2012, homeowners in Liverpool saw a 4.3 percent increase in property values.

From 2012 to 2013, real estate agents in Pickering delivered selling prices 7 percent higher than the previous year.

From 2013 to 2014, selling a house in Pickering brought a 12.2 percent increase in Liverpool property values.

And from 2014 to 2015, those looking to buy a house in Pickering saw that the actual selling prices rose by an impressive 11.2 percent in this real estate zone.

Very good news indeed for those who own a house in Pickering in the Liverpool real estate zone.

Some of the most expensive homes sold here in 2015 are found on Duncannon Drive with a $1,038,000 selling price, Abbey Road with a $970,000 selling price and Primrose Court with a $875,000 selling price.

Houses in Pickering that sell between $700,000 and $800,000 can be found on Baylawn Drive, Rigby Drive, Gloucester Square, Glendale Drive, Forest Park Drive, Ferncliff Circle, Colonial Street, Glenanna Road, Rambleberry Avenue and Mountcastle Crescent.

Other popular Pickering streets with multiple real estate transactions in 2015 were Alanbury Crescent, Anton Square, Benton Crescent, Bowler Drive, Brands Court, Brookshire Square, Cedarcroft Crescent, Charlotte Circle, Everton Street, Ferncliff Circle, Foleyet Crescent, Glendale Drive, Listowell Crescent, Lodge Road, Lydia Crescent, Malden Crescent, Memory Lane, Pebblestone Crescent, Rawlings Drive, Redbird Crescent and Storrington Street.

Some of those streets are also home to great value for first-time buyers looking to buy a house under $500,000. House hunters on a budget in Durham Region may also want to take a good look at Walnut Lane, Faylee Crescent, Rathmore Crescent, Brands Court, Pinecreek Court, Culross Avenue, Wollaston Court, Glen Eden Court, Bowler Drive, Rowntree Crescent, Redwood Lane, Bronte Square and Longbow Drive.

Even with real estate prices rising so quickly in Pickering, we are still finding great houses for first time buyers hoping to buy a house under $500,000.

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 long list of very happy real estate buyers and sellers. Make sure you hire only the best.

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