401  TEAM

401 TEAM

Real Estate Team

Royal LePage Ignite Realty Brokerage*

Mobile:
(416) 655-4040
Office:
(416) 282-3333
Email Me
401  TEAM

401 TEAM

Real Estate Team

Royal LePage Ignite Realty Brokerage*

Mobile:
(416) 655-4040
Office:
(416) 282-3333
Email Me

Durham Region & Oshawa Housing Market Update - April 2020

Have you been hearing that we are going to have an increase in mortgage arrears? Well you have to watch the video, we break the numbers down for you!

One of the questions that we have been hearing  from our buyers ; if they can get a bargain in Real Estate, our answer, No sorry, Not yet, atleast not for now!
 
Overall in Durham Regional Real Estate Market, we have had 53% decline is sales (513) on a Y/Y basis. New Listings (883) on the market for the month of April declined 52% Y/Y, new listings refer to listings that were added in that particular month, in this case April.
Active Listings (1,183) declined 41% Y/Y and Months of Inventory was at 2.3, an increase of 107% from a month ago. MLS Composite Index Price for Durham Region overall was $611,200  up 9.8% Y/Y, and Up 0.49% M/M. Condo MLS Benchmark $456,600 was up 14% Y/Y and 1.6% M/M.
Decent overall seller's market in Durham Region! However it is worth to note that 2.3 MOI for April is the highest in the last 3 years!
 

City of Oshawa April 2020 - Real Estate Market

 
Sales (152) down 42%
New Listings (266) down 48%
Active Listings (300) down 42%
The Months of Inventory (MOI) in Oshawa for April was an astonishing 1.6. This number is unchanged from last month and is certainly a great sellers market!
Composite Benchmark Price $518,6000, up 12.4% Y/Y and 1% M/M
Condo Apartment Benchmark Price $365,700 up 15% Y/Y and 2% M/M
 
In conclusion Oshawa has a very strong seller's market! Price it right and you will sell it!
 
Are you looking to sell your property or buy your dream home and you need an honest advice? Give us a call, no pressure! We will always advise you as if we were buying or selling! Remember Numbers Don't Lie, let us break it down for you!
 
☎️ Ragu Rajaguru- 416.712.2006
Real Estate Broker, ABR, SRS
 
☎️ Shan Perinpanathan - 416.655.4040
Real Estate Broker, ABR, SRS
 
☎️ Ragu Paramsothy- 416.731.7148
Real Estate Broker, B.Sc
 
Info@401team.com
 
401TEAM.COM
Real Value and Results that MOVE You!
Bookmark and Share

Have Questions?

By submitting this form, you are providing express consent to receive commercial electronic messages from www.401team.com. You may unsubscribe at any time.

(416) 655-4040

  

(416) 282-3333

  

 

Shan Perinpanathan 401Team

SHAN PERINPANATHAN
Real Estate Broker, ABR, SRS, CSP Elite™ Agent
 
Direct: 416.655.4040
Email: shan@401team.com
 
As an interior designer, renovator, artist, IT professional, Business Manager and experienced Realtor, I have the unique abilities and skills that can help any seller or buyer to make best sound decisions. With a through understanding of the current market and past/present trends, I help my clients make the real move and sell for the best price possible. I have extensive experience with multiple offer/bidding war situations and have helped my clients obtain their dream homes stress-free.
I have lived in Mississauga for 20 years, Brampton for 6 years and finally transitioned to Oshawa, calling Taunton community my home. In my career, I have helped my clients buy and sell homes throughout the Greater Toronto Area, specializing in preconstruction Condos and local market homes for sale. Brampton, Mississauga, Toronto, Pickering, Ajax, Whitby, Bowmanville or Oshawa homes for sale, we have access to major inventory on or off market. We pride our services on delivering professional results every time and developing honest relationships with all our clients. So go ahead and make that call, see what makes us different in the real estate industry. 

  
 
 
 
 
Ragu Rajaguru 401Team
RAGU RAJAGURU
Real Estate Broker, ABR, SRS
 
Direct: 416.712.2006
Email: ragu@401team.com
 
Real Estate is not only a Career for me but a true Passion!
From earlier on when I embarked in my first career in Human Resource, I quickly realized the importance of VALUE!
When I  started to pursue my passion in Real Estate, I quickly realized the importance of giving value. I realized the importance of providing a knowledgeable, valuable and integrity oriented service.
What better way to provide this to my clients than  joining a team that mirrored my aspiration and belief!
I take pride living in Oshawa and servicing the local market and surrounding areas. Being an Oshawa Real Estate agent for many years, I have knowledge about the communities and the growing developments throughout the city.
 
Let’s work together! Please contact us today.

 



Specialty: Residential, Commercial, Pre-Construction; | Oshawa homes for sale | Brampton homes for sale | Mississauga homes for sale | Ajax homes for sale | Pickering homes for sale | Toronto condos for sale | New Condos For Sale |

Experience: 21 Years Experience - Team

Awards: Red Diamond Award 2019

Area Covered: Durham & Peel Region

Languages Spoken: English, Tamil