Market Updates

Jan 06, 2019

Kathy’s Uxbridge Real Estate Market Update For December2019


Uxbridge Real Estate Month End Market Update

… By The Numbers

Sales year over year – up 66.67%
New Listings year over year – Down 44.44%
Average Days On The Market year over year – up 33.33%
Average Sale Price year over year – down 1.32%


Median Sold Price Last Month $705,000
Average Sale Price Last Month $742,043
Median Sold Price This Month $635,000
Average Sale Price This Month $656,300

This past month there were 10 new listings and 15 residential sales reported by the Toronto Real Estate Board for Uxbridge. The 15 sales represents a 34.78% decrease from the 23 sales last month and a 66.% increase from the same month last year.


View All Our Current Uxbridge Housing Market Charts Click Here

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Local Uxbridge And Area Month End Real Estate Market Snapshot

Uxbridge Real Estate Market Statistics Update

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Local Uxbridge And Area Month End Real Estate Market Snapshot

December

November

 

*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.


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, 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 for the month on a year-over-year basis by 22.5%, with the number of new listings down 31.5% over the same period last year

The average selling price for December 2018 was $750,180 compared to $734,847 in 2017.

“Higher borrowing costs coupled with the new mortgage stress test certainly prompted some households to temporarily move to the sidelines to reassess their housing options. With this said, it is important to note that market conditions were improved in the second half of the year, both from a sales and pricing standpoint,” … Toronto Real Estate Board President Garry Bhaura.

The Average Selling Price for homes in the GTA ….. up 2.1% from the same period last year

“After spiking in 2017, new listings receded markedly in 2018. In many neighbourhoods, despite fewer sales from a historic perspective, some buyers still struggled to find a home meeting their needs. The result was a resumption of a moderate year-over-year pace of home price growth in the second half of the year. Price growth was strongest for less expensive home types, as many home buyers sought more affordable home ownership options,” … 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

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NOTES:
1 – Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the TREB MLS® system between the first and last day of the month/period being reported.
2 – New listings entered into the TREB 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 TREB MLS® system between the first and last day of the month/period being reported.
5 – Average number of days on the market for firm transactions entered into the TREB 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
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