November 05, 2020

Covid 19,Election Jitters, Or Simply The Normal Trend

Pandemic, election jitters or just the normal trend to a lower number of homes listed for sale as Christmas approaches. Looking back we can see that this is a normal trend in the last Quarter of the year here in Uxbridge. Sales on the other hand are also trending lower, while in past years they were relatively stable, indicating the possibility of a potential shift in the market.

Uxbridge Real Estate Month End Market Update

… By The Numbers

Sales year over year – Up 36.67%
New Listings year over year – Down 34.92%
Average Days On The Market year over year – Down 38%
Average Sale Price year over year – Up 42.49%

Median Sold Price Last Month $917,500
Average Sale Price Last Month $974,650
Median Sold Price This Month $985,000
Average Sale Price This Month $1,117,044

This past month there were 41 new listings and 41 residential sales reported by the Toronto Real Estate Board for Uxbridge. The 41 sales represents a 10.87% decrease from the 46 sales last month and a 36.67% increase from the same month last year.

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