Ongoing Trends
Are We Still Climbing The Mountain?
Driven by consumer demand homes continued to sell over the asking price in September.
The limited number of homes currently for sale combined with the steady demand for housing will continue to push Uxbridge home values upward over the short term.
There are many indicators that we have not yet reached the peak, but there are a few that indicate we may be getting close here in Uxbridge. Four deals have fallen apart in recent weeks, one just a few days prior to closing. This is the first month (September) this year that both the number of sales and the number of new listings was the same as the previous year.
Comparing September 2016 sales to August 2016 sales dropped 2.94%, the average price dropped 8.24% and the median price dropped 19.73%. When we look at similar numbers for 2015 we see sales rose 32%, the average price rose 1.93% and the median price rose 4.59%
Uxbridge Market Update
Median Sold Price This Month $610,000
Average Sale Price This Month $698,521
Median Sold Price Last Month $759,900
Average Sale Price Last Month $761,286
This past month there were 52 new listings and 33 residential sales reported by the Toronto Real Estate Board for Uxbridge. The 33 sales represents a 2.94 % decrease from the 35 sales last month
See the full report here
View All Our Current Uxbridge Housing Market Charts Click Here
If you are contemplating the sale of Your Home contact us
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
Click on the image to view all the charts
You can view all our historical charts by visiting our Market Reports and Statistics page Here
Local Uxbridge And Area Month End Real Estate Market Snapshot
*see notes .. Figures represent the MLS Statistical Summary .. data source Toronto Real Estate Board
If you are living in Uxbridge or thinking of buying or selling a home in Uxbridge and don’t want to miss our monthly real estate market updates sign up for our Monthly Real Estate Market Update News letter.
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.
