Untitled Document

Report Month:Sept 2007
		Monthly Market Report for *Ajax , Pickering , Whitby & Oshawa*
	Report Summary

			1. Average Selling Price By Property Type
			2. Current Available Count
			3. Local Outlook Market Report
			4. Assigned Professional Realtor

1. Average Selling Price By Property Type

Area	Name	Average Selling Price	Single Detached	Semi Detached	Condo/ Twnhse	Condo Apt.	Link	Attached Row

E12	S. Pickering	308,073	318.095	323.000	196,500	--	--	412,500

E13	N. Pickering	294,849	372,238	260,250	194,681	201,100	248,000	244,355

E14	Ajax	292,184	322,412	255,357	199,767	162,500	267,600	251,692

E15	Whitby	290,962	335,721	236,125	168,290	197,271	249,938	233,741

E16	Oshawa	217,265	240,078	180,554	122,660	114,250	202,375	198,294

E17	Bowmanville Courtice	241,620	280,078	184,000	180,057	147,750	222,767	193,950

E18	Whitevale Claremont	378,967	378,967	--	--	--	--	--

E19	N. Whitby N. Oshawa	332,787	346,661	--	--	--	266,667	246,300

E20	Newcastle & North	259,813	266,010	--	--	--	218,500	--

E21	Scugog	290,632	292,492	--	--	--	246,000	--

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2. Current Available Count

These statistics reflect the total count of currently available properties in your area of choice. Knowing the number of properties for sale will allow you to contemplate timming for selling according to inventory supply, your competition. For investment planning purposes, this information will help determining the area with highest demand.

Statistics based on Census 2001
& MLS Data

Population-

87,139

73,753

87,413

139,051

Total Population = 387,356-

Areas

Pickering

Ajax

Whitby

Oshawa

Total Property Count =

Properties

317 counts

448 counts

383 counts

794 counts

1942

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3. Local Outlook Market Report

HOT SALE HOUSING MARKET

August 2007 Report
(Note* Reports are always 1 month behind)

HOUSING MARKET STILL BREAKING RECORDS

DURHAM REGION-Even though August resale-housing statistics were down overall in comparison to the June and July, we are still reflecting record breaking numbers over August of 2006.

There were 884 single dwelling homes sold in Durham Region in August, down 8% from 958 in July but shows a 16% increase over 760 sales in August of last year, a record for August as long as statistics have been recorded by the Association.

The average selling price in Durham Region came in at $265,493 up 2.3% from $259,462 in August of 2006.

Housing inventory continues to slowly decline with 2307 active listings on the Multiple Listing Service® (MLS®) down 6% from 2444 in July and reflects a 22% reduction from 2813 last August.

The total dollar volume of homes sold in the Region in August was $234,695,431 down 9% from $256,262,125 last month but up 19% from $197,191,459 at the same time last year.

This Market Outlook Report have been compiled from the Durham Region Real Estate Board (DRREB). The Report will state ups and downs in the market based on sold & available properties counts. It will also describe trends and predictions. This information is crucial for both buyers or sellers and it should not be used for appraising purposes. [Back to top]

4. Assigned Professional Realtor

Although this Report along with your Listing criteria Report are a good first step in understanding the Real Estate Market, there are many additional factors that determine a home's real value, such as its condition, floor plan, special features etc.

Victoria Mena would be happy to provide you with a more precise evaluation after viewing your home in person. Additionally, please note that Victoria is highly experienced in all aspects of selling homes, including how to effectively market and stage your property before showing it to potential buyers so you'll sell it for top dollar.

In the meantime, if you have any questions or comments about your property's worth, or if you would like any additional information, please call 905.619.9500 or email Victoria Mena vmena@trebnet.com