Uxbridge Real Estate Market Update Month End February 2016

March 3, 2016 - Updated: March 3, 2016

Developing Trends

Boom or Bubble?

 

While some may try to convince you we are experiencing a bubble market in the GTA, others will show you why we are not currently in bubble territory. It's all a matter of supply and demand!

Baring any unforeseen circumstances, I believe you will see Uxbridge home prices continue to rise over the balance of the year. Here in Uxbridge the root cause for rapidly rising home prices continues to be the demand, mixed with a lower number of properties offered for sale, while the number of sales remains relatively stable. Over the last 24 months Uxbridge has averaged 28.63 sales per month with a high of 42 and a low of 10 sales per month, this is right in line with the average 28.23 sales since January of 2009 with a high of 45 and a low of 10 sales per month.

 

Now is the time to give me a call at; 905-852-6143 for tips to help prepare your home for sale this spring  

 

To View All Our Current Uxbridge Housing Market Charts Visit http://rem.ax/1i99zn9 

 

Comparisons Month Over Month 2016
Month Sales Volume Avg Price Med Price New Listings Ave Dom Active
Jan/2016 19 $11,840,075 $623,162 $544,000 32 44 46
Feb/2016 22 $13,961,701 $634,623 $635,000 32 33 52
 
Comparisons Month Over Month 2015
Month Sales Volume Avg Price Med Price New Listings Ave Dom Active
Jan/2015 14 $6,475,800 $462,557 $431,650 38 61 63
Feb/2015 15 $7,622,000 $508,133 $515,000 33 26 73

 

*New Listings also includes listings that were previously listed and had expired then were relisted, terminated and relisted or may have been relisted by a different broker.

 

You can view all our historical charts by visiting our Market Reports and Statistics page Here

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 no attempt has been made to verify the accuracy of or update the information reported.


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