Market Updates

Nov 05, 2018

Kathy’s Uxbridge Real Estate Market Update For Oct 2018


Uxbridge Real Estate Month End Market Update

… By The Numbers

Sales year over year – no change
New Listings year over year – up 17.02%
Average Days On The Market year over year – up 65.38%
Average Sale Price year over year – down 8.18%


Median Sold Price Last Month $604,500
Average Sale Price Last Month $667,985
Median Sold Price This Month $791,000
Average Sale Price This Month $841,094

This past month there were 55 new listings and 24 residential sales reported by the Toronto Real Estate Board for Uxbridge. The 24 sales represents a 20% increase from the 20 sales last month and a 0% decrease from the same month last year.


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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

October

September

*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, 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 up for the month on a year-over-year basis by 6%, with the number of new listings down 2.7% over the same period last year

The average selling price for October 2018 was $807,340 compared to $780,400 in 2017.

“Annual sales growth has been positive since the late spring. While the OSFI stress test and higher borrowing costs have kept sales below 2016’s record pace, many households in the Greater Toronto Area remain upbeat on home ownership as a quality long-term investment. A strong regional economy and steady population growth will continue to support the demand for housing ownership as we move into 2019,” … Toronto Real Estate Board President Garry Bhaura.

The Average Selling Price for homes in the GTA ….. up 3.5% from the same period last year

“Annual sales growth has outstripped annual growth in new listings for the last five months, underpinning the fact that listings supply remains an issue in the Greater Toronto Area. With municipal elections in the rear view mirror, all levels of government need to concentrate on policies that could remove impediments to a better-supplied housing market, including facilitating the development of a broader array of medium density housing choices,” … 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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