Market Updates

July 07, 2017

Kathy’s Uxbridge Real Estate Market Update For June 2017


Uxbridge Real Estate Month End Market Update

… By The Numbers

Sales year over year are down 35.42%
New Listings year over year are down 15.94%
Average Days On The Market year over year is down by 41.38%
Average Sale Price is Down 1.91% year over year


Median Sold Price This Month $633,000
Average Sale Price This Month $834,678
Median Sold Price This Month $774,700
Average Sale Price This Month $850,035

This past month there were 58 new listings and 31 residential sales reported by the Toronto Real Estate Board for Uxbridge. The 31 sales represents a 22.5% decrease from the 40 sales last month and a 35.42% decrease over last year.

View Our Weekly Uxbridge Real Estate Market Updates Click Here

View All Our Current Uxbridge Housing Market Charts Click Here

If you are contemplating the sale of Your Home contact us

Local Uxbridge And Area Month End Real Estate Market Snapshot

 

 

*see notes .. Figures represent the MLS Statistical Summary .. data source Toronto Real Estate Board

As always bear in mind that numbers paint a picture but not necessarily the whole picture

Remember the best way to determine the Current Market Value of your home, short of selling it on the open market, is to have a Comparable Market Analysis done for your home.


The RE/MAX 2017 Recreational Property Report …..

Find Out What’s Inside The latest RE/MAX Report has been released, and inside you will find insight into who is driving demand as well as the median price point, amenities and features you can expect to find in popular recreational markets across Canada. Not surprisingly, retiree’s are continuing to cash out …

Continue Reading


Search “All” The Listings Here ….. Use our quick search links for homes for sale in the following Durham Region Communities of Uxbridge, Port Perry/Scugog and Brock or the York Region Communities of Georgina, East Gwillimbury, Whitchurch-Stouffville or our map search platform the choice is yours.


GTA Market Updates

Greater Toronto Area Real Estate Market Update Month End Report

Sales were down on a year-over-year basis by 37.3%, with the number of new listings up 15.9% over the same period.

The average selling price for June 2017 was $793,915 compared to $747,018 in June 2016.

“We are in a period of flux that often follows major government policy announcements pointed at the housing market. On one hand, consumer survey results tell us many households are very interested in purchasing a home in the near future, but some of these would-be buyers seem to be temporarily on the sidelines waiting to see the real impact of the Ontario Fair Housing Plan. On the other hand, we have existing home owners who are listing their home because they feel price growth may have peaked. The end result has been a better supplied market and a moderating annual pace of price growth,” … Toronto Real Estate Board President Tim Syrianos.

The Average Selling Price for homes in the GTA ….. UP 6.3% from the same period last year

“Recent Ipsos survey results suggest that home buying activity in the GTA will remain strong moving forward. The year-over-year dip in home sales we have experienced over the last two months seem to be the result of would-be buyers putting their decision to purchase temporarily on hold while they monitor the impact of the Fair Housing Plan. On the supply side of the market, it certainly looks as though buyers will benefit from more choice in the second half of 2017 compared to the same period in 2016,” Jason Mercer, TREB’s Senior Manager of Market Analysis.

 

View All Our Current GTA Housing Market Charts Click Here


Thanks for taking the time to read our monthly Real Estate Market Update

Kathy Clulow Office: 905.852.6143

Connect With Us On


NOTES:
1- Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the Toronto MLS® system between the first and last day of the month/period being reported.
2 -New listings entered into the Toronto MLS® system between the first and last day of the month/period being reported.
3 – Active listings at the end of the last day of the month/period being reported.
4 – Ratio of the average selling price to the average listing price for firm transactions entered into the Toronto MLS® system between the first and last day of the month/period being reported.
5 – DOM Average number of days on the market for firm transactions entered into the Toronto MLS® system between the first and last day of the month/period being reported.
6 – Due to past changes to TREB’s service area, caution should be exercised when making historical comparisons.
7 – Past monthly and year-to-date figures are revised on a monthly basis.
8 – SNLR = Sales-to-New Listings Ratio. Calculated using a 12-month moving average (sales/new listings).
9 – Mos. Inv. = Months of Inventory. Calculated using a 12-month moving average (active listings/sales).

data source Toronto Real Estate Board month end reports as posted at the end of each month
©Kathy Clulow – Sales Representative RE/MAX All-Stars Realty Inc. Brokerage
47 Brock St. W. — Uxbridge, ON — L9P 1N5 — PH:905-852-6143
Each office independently owned and operated Not intended to solicit clients already under contract