Dec 03, 2020

Covid 19, Or Simply The Normal Trend?

As Christmas approaches the seasonal trend to a lower number of homes listed for sale continues.

Sales continue to drop from the highs of late summer to a more seasonal level more in line with past years.

With the pandemic resurgence real estate open houses continue to be strongly discouraged by the Toronto Regional Real Estate Board with a total ban in some areas.

Uxbridge Real Estate Month End Market Update

… By The Numbers

Sales year over year – No Change
New Listings year over year – Down 29.73%
Average Days On The Market year over year – Down 30%
Average Sale Price year over year – Up 50.55%

Median Sold Price Last Month $985,000
Average Sale Price Last Month $1,117,044
Median Sold Price This Month $849,900
Average Sale Price This Month $1,133,562

This past month there were 26 new listings and 29 residential sales reported by the Toronto Real Estate Board for Uxbridge. The 29 sales represents a29.27% decrease from the 41 sales last month with no change from the same month last year.