Uxbridge Real Estate Market Update - 2013 A Year In Review

January 4, 2014 - Updated: January 8, 2014

The Uxbridge Real Estate Market - 2013 A Year In Review - #1 in a Series

This is the first in a series of posts that will take you behind the numbers you see published in the news as we look at a year in review.

What Potential Buyers Were Looking At:

This review is one you will not see published by any real estate board, as it looks at what potential buyers are looking at on one of our web sites. The chart below graphically shows the average ($785,517) and median prices ($634,900) of Homes For Sale in Uxbridge that Potential Buyers were looking at throughout the year.

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The 2013 average and median figures for the year are up over $100,000 compared to 2012

Understanding the Statistics

With the December average price almost touching the One Million Dollar Mark, you might think that Uxbridge Home Prices are headed through the roof. Even the more realistic median prices of $749,950 is pushing it. 

Looking behind the scene we can see that the number of people looking in December was down considerably, as we expected, but the number of people looking at higher priced homes was actually up.

When we look behind the numbers on the chart we are able to see that both of these numbers are larger because of the number of homes viewed that exceed the Million Dollar Mark. A full one third of the properties viewed ranged upwards from 1 and 1/4 million dollars to 3 and 1/4 million dollars. In November the number over One Million Dollars was 22% and in January it was only 11%

Understanding the Statistics

The Real Estate Market Is Local
and sometimes hyper-Local

Real Estate Statistics are what they are - - -
                   a historical look at a cross section of the real estate market. They do not necessarily reflect what is happening in your neighbourhood or on your street. The best way to determine the value of a 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 give me a Call @ 905-852-6143


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