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Right now, there are 295 available for purchase. On average, houses here are selling within 17 days on market. Between buyers and sellers, the market for houses in Whitby is fairly balanced overall.
The most popular neighbourhoods in Whitby are Pringle Creek, Brooklin and Rolling Acres - Whitby. Strata.ca looks at a number of indicators to rank the communities most in-demand. The average sale price, average days on market, and the percentage of properties that have sold over asking are just some of the factors used to determine popularity.
The priciest neighbourhoods in Whitby are Brooklin, Rural Whitby Central and Rural Whitby North. We isolate these neighbourhoods by looking at the average sold price over a set period of time. If you're looking for value, Whitby's priciest neighbourhoods may not be ideal. Instead, check out Pringle Creek, Lynde Creek and Rolling Acres - Whitby for other alternatives.
The most affordable neighbourhoods in Whitby are Whitby Industrial, Port Whitby and Downtown Whitby. Strata.ca determines this by looking at the average sold price for the past year. In comparison, the average house in Whitby is selling for about $1,095,438.
Property tax is one of the things you'll need to consider when estimating the cost of owning a house in Whitby. This tax is used to pay for several essential services, including garbage and recycling collection. Each year, the municipality determines its property tax rate - which typically falls in the range of 0.5 to 2.5%. Some Whitby homebuyers believe this tax is based on the size of the house. But rather, the tax rate is multiplied by the home's current market value - which can fluctuate each year based on surrounding homes. For example, if the assessed market value of a house is $750,000 and the property tax rate is 0.5% - the homeowner would pay $3,750 to their municipality that year.
The go-to website for your Whitby real estate search is Strata.ca, which showcases every property available, so you'll never miss an opportunity. This website can show what your neighbour's house sold for last year. Or how much your grandmother's home might be worth in today's market. With Strata.ca, you can also get historical data on every property in Whitby. You'll have all the intel you need to outsmart the local real estate market.
Whitby has a walk score of 45, so it's more convenient to run errands with a car. And with a transit score of 40, this city offers few public transportation options. And the bike score comes in at 47.
All buyers must pay a series of closing costs when purchasing a house here. Your realtor and/or real estate agent can best advise on what these charges are. But here's a quick overview of what's involved when buying property in Whitby. The average closing costs in this city will typically come to about 1.5% - 2% of the purchase price, although this can vary. For example, 2% in closing costs on an $800,000 house would be $16,000 that you need to budget for. In Canada, regardless of where you purchase, all buyers must pay a land transfer tax. These amounts are set up by the individual provinces, with some municipalities imposing a second tax upon closing. If this is your first home, you can reduce closing costs by applying for a government rebate. Under this program, first-time homebuyers are reimbursed a portion of the land transfer tax. And lastly, buying Whitby real estate will require a lawyer you can trust. You'll need to find someone who specializes in this as they'll be finalizing your purchase. Depending on the complexities of the deal, legal fees can range. But budgeting $2,000 for your lawyer is a good place to start.