Boom or Bubble?
While some may try to convince you we are experiencing a bubble market in the GTA, others will show you why we are not currently in bubble territory. It’s all a matter of supply and demand!
Baring any unforeseen circumstances, I believe you will see Uxbridge home prices continue to rise over the balance of the year. Here in Uxbridge the root cause for rapidly rising home prices continues to be the demand, mixed with a lower number of properties offered for sale see chart, while the number of sales remains relatively stable.
Over the last 24 months Uxbridge has averaged 28.63 sales per month with a high of 42 and a low of 10 sales per month, this is right in line with the average 28.23 sales since January of 2009 with a high of 45 and a low of 10 sales per month
Click on the image to see all the charts
You can view all our historical charts by visiting our Market Reports and Statistics page Here
Statistics Are What They Are
The Real Estate Market Is Local and sometimes hyper-Local While Statistics Charts and Graphs may provide an indication of market trends they should not be used to determine value trends in relation to a particular home or vicinity.
The best way to determine the Value of Your Home is a Comparative Market Analysis. To discuss today’s local Uxbridge Real Estate Market Conditions, the current value of your home or the marketing of your Home please Contact Me @ 905.852.6143
veat – E&OE – these numbers reflect the raw data as reported by the Toronto Real Estate Board for the past month at the time of posting.