Market Updates

June 03, 2020

Kathy’s Uxbridge Real Estate Market Update For May 2020

While our market is still down from previous years we are seeing signs that we are on the road to recovery from the devastation caused by the Covid 19 Pandemic that we saw last month.


Uxbridge Real Estate Month End Market Update

… By The Numbers

Sales year over year – Down 31.58%
New Listings year over year – Down 56.04%
Average Days On The Market year over year – Up 80%
Average Sale Price year over year – Up 26.28%


Median Sold Price Last Month $804,950
Average Sale Price Last Month $947,489
Median Sold Price This Month $830,000
Average Sale Price This Month $960,512

This past month there were 40 new listings and 26 residential sales reported by the Toronto Real Estate Board for Uxbridge. The 26 sales represents a 116.67% increase from the 12 sales last month and a 31.58% decrease from the same month last year.


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

Uxbridge Real Estate Market Statistics Update

Click on the image to view all the current Uxbridge Real Estate Market charts

To View All Our Current and Historical Housing Market Charts Click Here


Local Uxbridge And Area Month End Real Estate Market Snapshot

May 2020

April 2020

*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.


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

caveat – 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.

** “New” listings entered into the Toronto MLS® system between the first and last day of the month being reported may include listings that were previously listed and cancelled or expired and then relisted.


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 Listing Days on Market (Avg. LDOM) refers to the average number of days sold listings were on the market. Average Property Days on Market (Avg. PDOM) refers to the average number of days a property was on the market before selling irrespective of whether the property was listed more than once by the same combination of seller and brokerage during the original listing contract period.
6 – Active listings at the end of the last day of the month/period being reported.
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

GTA Market Updates

Greater Toronto Area Real Estate Market Update Month End Report

The May real estate market showed signs that our market is on the road to recovery from the devastation seen in the April market caused by the Covid 19 Pandemic.

Greater Toronto Area REALTORS® reported 4,606 home sales through TRREB’s MLS® System in May 2020.

  • New listings were down by 53.1% year-over-year to 9,104.
  • Sales were down from 9,950 in 2019 by 53.7% to 4,606 in 2020

The average selling price for May 2020 was $863,599 compared to $838,248 in 2019.

“On a month-over-month basis, actual and seasonally adjusted May sales were up substantially compared to April. Actual May 2020 sales increased by 55.2 per cent compared to April 2020. After accounting for the regular seasonal increase that is experienced each year between April and May, seasonally adjusted sales were up by 53.2 per cent month-over-month.” – – Toronto Real Estate Board Market Watch.

The Average Selling Price for homes in the GTA ….. up 3% from the same period last year

“The number of new listings entered into TRREB’s MLS® System in May was down by a similar annual rate to that of sales, dipping by 53.1 per cent to 9,104. On a month-over-month basis, actual new listings were up by 47.5 per cent.” – – Toronto Real Estate Board Market Watch.

View All Our Current GTA Housing Market ChartsClick Here


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

Kathy Clulow Office: 905.852.6143

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©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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