June 2016 Month End Uxbridge Real Estate Market Update

July 7, 2016

Developing Trends

“Are We Headed Into The Summer Time Doldrums”

With all the Canada Day activity and the start of the summer holidays you would think that things would have quieted down a bit. A slight uptick in sales over the last seven days would indicate otherwise when compared with the last seven days of June.

June Was Still A Very Hot Market

With a record breaking 48 sales in June despite the low inventory it was the busiest June since we started keeping track in 2009.

Month Sales New Listings Month End Active Listings Avg % of List Price Average Days On Market
Jun/2009 39 51 147 97 68
Jun/2010 39 58 151 96 46
Jun/2011 41 59 158 98 51
Jun/2012 45 67 128 97 36
Jun/2013 42 66 149 97 38
Jun/2014 42 61 128 98 43
Jun/2015 31 61 110 98 27
Jun/2016 48 69 77 99 29

Supply And Demand is still the biggest factor influencing our market

Uxbridge Market Update

Median Sold Price This Month $733,000
Average Sale Price This Month $850,910
Median Sold Price Last Month $740,000
Average Sale Price Last Month $751,308

This past month there were 69 new listings and 48 residential sales reported by the Toronto Real Estate Board for Uxbridge. The 48 sales represents a 2.04% decrease from the 49 sales last month

See the full report here

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Local Uxbridge And Area Month End Real Estate Market Snapshot

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

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 and may include listings that may have been previously listed that were cancelled or expired and then relisted.