Posts tagged with: market updates

Mid Month Market Update - October 2011

October 20, 2011 - Updated: October 20, 2011

LOCAL MARKET UPDATES 

 

There are currently 154 properties on the market in Uxbridge and it's Hamlets of Coppins Corners, Goodwood, Leaskdale, Sandford, Udora, and Zephyr,  ranging in price from $159,900  to $4,490,000

 

October has seen web site visitor activity pick up from September 2011 but slow down* locally for the first half of the month over October 2010 ..... There has been a dip in the average price of homes viewed from last month which can be attributed to the lack of very high end buyers (over 2 million) but the median price remained exactly the same

 

GTA MARKET UPDATES

 

Keeping you informed on recent trends in the real estate market

 

GTA Real Estate Market Update For Mid October 2011

 

The Average Selling Price for homes in the GTA $475,743 


                  .....  UP 7.5 percent over the same period last year

Over all sales numbers UP 20% over the same period last year with 3,477 existing home sales to mid October

Year Over Year new listings has risen 21% to 6,249 ..... with more sales than new listings it will be interesting to see how this will affect price growth as it has been anticipated that price growth would happen at a slower pace in the months ahead.

 

 

The Real Estate Market Is Local
and sometimes hyper-Local

 

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text me


 

Have A Great Week

Tagged with: real estate market updates

Mid Month Market Update - September 2011

September 19, 2011 - Updated: September 19, 2011

LOCAL MARKET UPDATES 

 

September has seen buyer activity slow down locally so far this month ..... While the numbers of web site visitors is up the number looking at the details on specific listings is down considerably. 

 

There are currently 160 properties on the market in Uxbridge and it's Hamlets of Coppins Corners, Goodwood, Leaskdale, Sandford, Udora, and Zephyr,  ranging in price from $159,900  to $4,490,000

 

http://myuxbridge.info/Homes_For_Sale/          http://myuxbridge.info/Real_Estate

 

 

GTA MARKET UPDATES

 

 

 

Keeping you informed on recent trends in the real estate market

 

GTA Real Estate Market Update For Mid September 2011

 

The Average Selling Price for homes in the GTA $454,194 


                  .....  UP 11 percent over the same period last year

Over all sales numbers UP 25% over the same period as last year with 3149 existing home sales to mid September

 

 

The Real Estate Market Is Local
and sometimes hyper-Local

 

 

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text me


 

Have A Great Week

Tagged with: real estate market updates

Mid Month Market Update - August 2011

August 17, 2011 - Updated: August 17, 2011

LOCAL MARKET UPDATES 

 

August has been a busy month so far with more buyers taking advantage of the great weather ..... they are out looking at homes in person and spending less time looking on the web.

 

There are currently 138 properties on the market in Uxbridge and it's Hamlets of Coppins Corners, Goodwood, Leaskdale, Sandford, Udora, and Zephyr,  ranging in price from $159,900  to $4,900,000

 

http://myuxbridge.info/Homes_For_Sale/          http://myuxbridge.info/Real_Estate

 

 

GTA MARKET UPDATES

 

 

Keeping you informed on recent trends in the real estate market

 

GTA Real Estate Market Update For Mid August 2011

 

The Average Selling Price for homes in the GTA $440,150 


                  .....  UP Almost 7 percent over the same period last year

Over all sales numbers UP 22.5% over the same period as last year with 3214 existing home sales to mid August

 

 

The Real Estate Market Is Local
and sometimes hyper-Local

 

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text me


 

Have A Great Week

Tagged with: market updates real estate

Mid Month Market Update - July 2011

July 21, 2011 - Updated: July 21, 2011

 

Local Market Updates 

 

July has been a busy month so far with more buyers taking advantage of the great weather and they are out looking at homes in person and spending less time looking on the web.

 

There are currently 139 properties on the market in Uxbridge and it's Hamlets of Coppins Corners, Goodwood, Leaskdale, Sandford, Udora, and Zephyr,  ranging in price from $149,000  to $4,900,000

 

http://myuxbridge.info/Homes_For_Sale/          http://myuxbridge.info/Real_Estate

 

Changes To the Toronto Real Estate Board districts has changed the way the listings appear on all web sites. While it is initially creating  some issues with our custom listing search links once all the kinks are worked out  we believe it will make it easier for you to search for your dream home

 

 

 

GTA MARKET UPDATES

 

Keeping you informed on recent trends in the real estate market

 

GTA Real Estate Market Update For Mid July 2011

 

The Average Selling Price for homes in the GTA $464,277 


                  .....  UP 9.6 percent over the same period last year

Over all sales numbers UP 35% over the same period as last year with 3609 existing home sales in the first two weeks of  July

 

 

The Real Estate Market Is Local
and sometimes hyper-Local

 

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text me


 

Have A Great Weekend

Tagged with: real estate market updates

Buyers Report 2011-07 Mid Month

July 21, 2011 - Updated: July 21, 2011

Buyer activity, what buyers are looking at, is reflecting the lower number of high end buyers (over$1,000,000) looking so far this month compared to all of July 2010. Perhaps a better figure to compare this month would be the median which is up slightly over 10% when compared to July of 2010 and is also up over June of 2011

 

The two graphs below represent the average and median price range of homes that potential buyers are looking at on one of my web sites.

 

Above - To Mid July 2011

Below - All of 2010

2010 Buyers Report

 

Remember The Real Estate Market Is Local And Sometimes Hyper Local

 

While charts and graphs can give you 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 give me a Call or Text me

Tagged with: market updates real estate

Mid Month Market Update - June 2011

June 17, 2011 - Updated: June 17, 2011

MARKET UPDATES

 

Keeping you informed on recent trends in the real estate market

 

GTA Real Estate Market Update For Mid June 2011

 

The Average Selling Price for homes in the GTA $477,853

.....  up 9 % over the same period last year

 

 

There were 4,787 existing home sales.

..... up16% over the same period last year
 

 

 

The Real Estate Market Is Local
and sometimes hyper-Local

 

 

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text me

...

Data Source ... Toronto Real Estate Board 

Tagged with: real estate market updates

Buyers Report 2011-06 Mid Month

June 17, 2011 - Updated: June 17, 2011

Buyer activity, what buyers are looking at, is moderating slightly with the average price of homes viewed up slightly (1.1%) over June of last year

 

The two graphs below represent the average and median price range of homes that potential buyers are looking at on one of my web sites.

 

Above - To Mid June 2011

Below - All of 2010

2010 Buyers Report

 

Remember The Real Estate Market Is Local And Sometimes Hyper Local

 

While charts and graphs can give you 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 give me a Call or Text me

Tagged with: real estate market updates

Buyers Report 2011-05 Mid Month

May 18, 2011 - Updated: May 18, 2011

Buyer activity, what buyers are looking at, is moderating slightly with the average price of homes viewed back down to February levels, meanwhile the gap between the median and the average has widened over the last few months. 

 

The two graphs below represent the average and median price range of homes that potential buyers are looking at on one of my web sites.

 

2011 Mid March Buyers Report

Above - To Mid May 2011

Below - All of 2010

2010 Buyers Report

 

Remember The Real Estate Market Is Local And Sometimes Hyper Local

 

While charts and graphs can give you 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 give me a Call or Text me

Tagged with: market updates real estate

Mid Month Market Update - May 2011

May 18, 2011 - Updated: May 18, 2011

MARKET UPDATES

 

Keeping you informed on recent trends in the real estate market

 

GTA Real Estate Market Update For Mid May 2011

 

The Average Selling Price for homes in the GTA $486,223

.....  up 8 % over the same period last year

 

 

There were 4,887 existing home sales.

..... down 2% over the same period last year
 

 

 

The Real Estate Market Is Local
and sometimes hyper-Local

 

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text me

Tagged with: real estate market updates

Buyers Report 2011-04 Mid Month

April 21, 2011 - Updated: May 18, 2011

Our Spring Market is well under way and buyers are out looking. With the number of  new listings growing, now is a good time to ensure your home is priced for todays market .

 

The two graphs below represent the average and median price range of homes that potential buyers are looking at on one of my web sites.

 

2011 Mid March Buyers Report

Above - To Mid April 2011

Below - All of 2010

2010 Buyers Report

Tagged with: market updates real estate

Mid Month Market Update - April 2011

April 21, 2011 - Updated: April 21, 2011

MARKET UPDATES

 

Keeping you informed on recent trends in the real estate market

 

GTA Real Estate Market Update For Mid April 2011

 

The Average Selling Price for homes in the GTA $483,165 
                  .....  up 12 percent over the same period last year

 

 

Over all sales numbers down with 4,444 existing home sales in the first two weeks of  April

 

 

The Real Estate Market Is Local
and sometimes hyper-Local

 

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text me

Tagged with: real estate market updates

Buyers Report March 2011

April 7, 2011 - Updated: April 7, 2011

What Did Potential Buyers Look At In March?

 

The number of listing viewed, of homes for sale, was up by 17.16 % in March of this year over March last year.  (based on the number of individual listing details viewed on one web site)  The average price of homes viewed was $658,458 up 20.07% over March of last year. 

 

Here is a look at the median and average list price of homes viewed on one of my listing web sites here in Uxbridge.

 

 

The Toronto Real Estate Board reports a year to date total of 72 sales in Uxbridge in 2011 with an average sale price of $428,076. 

 

There were 26 single family homes sold in March with an average sale price of $478,944 and a median sale of $457,125. 


The Real Estate Market Is Local
and sometimes hyper-Local

 

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 give me a Call or Text Me

Tagged with: real estate market updates

First Time Buyers Report

April 7, 2011 - Updated: April 7, 2011

First-time buyers in major Canadian markets
move to get in ahead of higher interest rates

 

The RE/MAX First-Time Buyers Report, highlighting trends and developments in nineteen major Canadian centres, found that low interest rates and balanced market conditions have provided significant impetus in 2011, particularly at lower price points.  Just over 30 per cent of markets are reporting sales in excess of 2010 levels as a result, while almost 70 per cent have experienced an upswing in average price.  Leading the country in terms of percentage increases in the number of homes sold are Western Canadian markets, including Saskatoon (up close to 15 per cent), Greater Vancouver (up close to 12 per cent), and Winnipeg (up just over 11 per cent).  With an average price hike of close to 20 per cent year-to-date (February), Greater Vancouver continues to show unprecedented strength, followed by Hamilton-Burlington (eight per cent), Quebec City (seven per cent), Winnipeg (close to seven per cent), Greater Toronto (five per cent), and Greater Montreal (five per cent).   

 

Despite homeownership rates approaching 70 per cent, there is clearly room for growth as entry-level buyers make their moves from coast-to-coast, undeterred by higher housing values and changes to lending criteria.  Many purchasers intent on realizing homeownership are scaling back on expectations or are willing to sacrifice location, quality and/or size to make their dream a reality – not unlike generations before them. 

 

Balance and optimism in the market place

 

Inventory levels, while tight in several larger centres, are more balanced overall, giving first-time buyers a good selection of housing product from which to choose.  Not surprisingly, condominium apartments and town homes have become the first step for many entry-level purchasers, especially in Greater Vancouver, Victoria, Kelowna, Edmonton, Calgary, London-St. Thomas, Hamilton-Burlington, Greater Toronto, the Island of Montreal, and Halifax-Dartmouth where average prices have risen unabated in recent years.  

 

With the Canadian economy on firmer footing overall, residential real estate is well-positioned moving into the traditionally busy spring market.  Consumer confidence is climbing in conjunction with economic performance, and concerns over a secondary recession fade with each passing day.  The mood is cautiously optimistic, as first-time buyers enter the market. 

 

Changes to recent financing criteria have not created the anticipated run up in activity in most markets.  From a financial standpoint, most rookie home buyers remain quite prudent.  Those making the leap are not doing it lightly, buying within their means.  While this most recent round of policy tightening will likely have a negligible effect on demand, the message is getting across.   

 

Shift in Housing Mix

 

Affordability remains a growing concern in most markets, and—aside from first-time purchasers—no one is more in tune with that than housing planners and developers.  In fact, the growing demand for reasonably-priced product is creating a shift in the country’s housing mix.  That trend is expected to gain traction in coming years, as builders look to create greater options for those seeking to realize homeownership.    In recent years, builders have helped ease the move to homeownership by concentrating on intensification—condominium buildings with smaller suites and small-lot subdivisions offering detached, compact homes at a fraction of the cost of a traditional single-family home.   On the flip side, the affordability factor is also breathing new life into tired older neighbourhoods, and that, in turn, is contributing to rising values.  

 

Dual Income Families

 

As prices escalate, first-time buyers are indeed spending more—some out of necessity, but others are simply in a position to do so.  Unlike in years past—a greater percentage of today’s first-time buyer pool is comprised of dual-income, college or university-educated couples with solid earnings.  They’re spending close to average price or slightly more to secure—in most cases—a better location or a home that will grow with them.   Yet, the fact remains that those on a tighter budget can get in for considerably less, with reasonable choices in every major market across the country.   While some may feel discouraged by eroding affordability levels, the underlying confidence in the concept of homeownership is rising. 

 

While market conditions are one thing that influences first-time buyers, few things trump the fundamental belief in homeownership.  Today’s entry-level buyers are steadfast in their mindset.  They know they have to live somewhere, but they simply don’t want to pay someone else’s mortgage.  Savvy or practical, they remain a driving force.  

 

The bottom line is that the demand for entry-level product will remain steady.  The role of starter homes in the marketplace is becoming ever more vital.

Tagged with: real estate market updates

Buyers Report 2011-03 Mid Month

March 17, 2011 - Updated: March 17, 2011

Our Spring Market is well under way and buyers are out looking. If You are thinking of selling, now is a good time to have your home on the market.

 

The two graphs below represent the average and median price range of homes that potential buyers are looking at on one of my web sites.

 

2011 Mid March Buyers Report

Above - To Mid March 2011

Below - All of 2010

2010 Buyers Report

Tagged with: market updates real estate

Buyers Report February 2011

March 4, 2011 - Updated: March 4, 2011

What Did Potential Buyers Look At In February?

 

The number of listing viewed, of homes for sale, was up by 40.97 % in February of this year over February last year.  (based on the number of individual listing details viewed on one web site)  The average price of homes viewed was $623,048 up 26.51% over February of last year. 

 

Here is a look at the median and average list price of homes viewed on one of my listing web sites here in Uxbridge.

 

 

The Toronto Real Estate Board reports a total of 43 home sales in Uxbridge in 2011 with an average sale price of $416,335. 

 

There were 19 single family homes sold in February with an average sale price of $492,232 and a median sale of $470,000. 


The Real Estate Market Is Local
and sometimes hyper-Local

 

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 give me a Call or Text Me

Tagged with: real estate market updates

Mid Month Market Update - February 2011

February 21, 2011 - Updated: February 21, 2011

MARKET UPDATES

 

Keeping you informed on recent trends in the real estate market

 

GTA Real Estate Market Update For Mid February 2011

 

The Average Selling Price for homes in the GTA $451,257 
                  .....  up five percent over mid February 2010

 

 

Over all sales numbers down with 3084 existing home sales to mid February

 

 

The Real Estate Market Is Local
and sometimes hyper-Local

 

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text me

Tagged with: market updates

Real Estate Market Update 2011/01

February 4, 2011 - Updated: February 4, 2011

Single Family Residential BreakdownReal Estate Market Update January 2011

 

The Average Selling Price for homes in the GTA .....  up four percent

 

Over all sales numbers ..... down with 4337 existing home sales in January

 

Year to date sales ..... down 13 % over last year .....

 

"While off the record pace experienced a year ago, the GTA resale market has started the year on a solid footing. Home buyers in Toronto and surrounding areas continue to benefit from a diversity of housing types for sale at many different price points," said TREB President Bill Johnston.




Graph and Chart - source Toronto Real Estate Board Market Watch


The Real Estate Market Is Local
and sometimes hyper-Local

 

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text me

Tagged with: market updates real estate

Mid Month Market Update - January 2011

January 23, 2011 - Updated: January 23, 2011

GTA Market Update

As anticipated sales across the GTA so far this year are down from last years record high. With a total of 1,563 sales through the MLS® system during the first two weeks of January sales to date for the year are down 11% from January 2010

 

"While off the record pace experienced last January, sales remain high from a historic perspective and market conditions remain tight enough to support a sustainable rate of price growth" Treb President Bill Johnston

 

The average price for transactions during the first 14days of January was $413,565 up 5% from the first two weeks of January 2010. 

 


Remember

The Uxbridge Real Estate Market Is Local

and sometimes hyper-Local

 

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text Me

Tagged with: market updates

Real Estate Market Update 2010/12

January 7, 2011 - Updated: January 8, 2011

Real Estate Market Update December 2010

 

The Average Selling Price for homes in the GTA .....  up five percent

Over all sales numbers ..... down with 4395 existing home sales in December

Year to date sales ..... down 1 % over last year ..... more

"Market conditions were anything but uniform in 2010. We went from super-charged sales activity during the first four months of the year, to a marked drop-off in transactions in the summer and then in the fall saw sales climb back to levels that are sustainable over the longer term," said TREB President Bill Johnston.



The Real Estate Market Is Local
and sometimes hyper-Local

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text me

Tagged with: real estate market updates

Mid Month Market Update - December

December 22, 2010 - Updated: December 22, 2010

GTA Market Update

With a total of 2,509 sales through the MLS® system during the first two weeks of December sales to date for the year are down 1% from the 2009 level.

Prices continue to climb with a year to date average up 3% for all housing types except townhouses which are up 5%. Average prices increaes were higher in the 416 area than in the 905 area.

 

"While off the 2009 record, the level of December transactions remains strong from a historic perspective. The number of transactions in 2010 will be the third highest on record." Toronto Real Estate Board President Bill Johnston.

 

Tagged with: market updates

RE/MAX Housing Market Outlook - 2011

December 7, 2010 - Updated: December 7, 2010

Residential values expected to climb further in 2011

as housing sales stabilize in most major centers

 

Ample inventory levels, steady demand, and moderate growth, both in terms of sales and prices, will characterize the market in 2011.  While the pace may appear lackluster in comparison to what we’ve grown accustomed to, it underscores the principles of real estate 101:

 

The market is cyclical.  All boats rise and fall with the tide.

In terms of resale housing activity, what many are talking about as the new normal is actually a return to the traditional real estate cycle.  The past decade was truly unprecedented—never before have we experienced a run up that was as strong or lasted as long.   As we have digressed from the typical pattern, people have forgotten what the usual healthy cycle looks like, but all the hallmarks are there.

Although improved economic fundamentals will have a positive impact on Canadian housing markets moving forward, the forecast for residential real estate sales remains static in most major centers in 2011, according to a report released by RE/MAX

 

 

 The RE/MAX Housing Market Outlook Report For 2011
DownLoad PDF of the Full Reposrt

 

The RE/MAX Housing Market Outlook 2011, examining trends and developments in 26 major centers across the country, found that home-buying activity in 2010 fell short of 2009 levels.  Housing values, however, continued to climb, with virtually all areas reporting an upswing in average price, ranging from just under one per cent to 15 per cent this year. Lower inventory levels in many markets offset the effects of diminished demand, propping-up price in almost every instance. 

Greater stability is expected to characterize the markets in 2011, with Canadian housing sales predicted to mirror 2010 levels at 441,000 next year, while average price is forecast to escalate three per cent to $350,000 by year-end 2011.

Looking forward, we see steady improvement in provincial and local economies—which will bode well for housing markets across the board.  The relentless drive in the market reminiscent of years past will be gone and instead, we can expect to see more normal, balanced market conditions, with buyers maintaining a slight edge.

Low interest rates and improving consumer confidence levels should stimulate home-buying activity at all price points next year.  Overall gains will be more muted—a welcome reprieve for purchasers.  2011 will be a year that will see more widespread recovery across a broader array of economic sectors, setting the stage for a better 2012.”

In the meantime, a number of factors will continue to support sustained sales and price growth in the months and years ahead:

  • Land scarcity, intensification, urban renewal, infill and renovation will continue to drive up values—regardless of supply and demand—in major metropolitan areas.  The Canadian housing stock is ever-evolving, particularly in the central core of each city.  With average price pushing closer to or well past the $300,000 mark in the vast majority of major centers, and affordability of single-family homes diminishing, the demand for attainable product will rise in tandem, bolstering the growing condominium segment in the years ahead. 

  • The upper-end of the market continues to be a strong indication of the overall health of Canada’s housing sector.  Typically the first segment to soften in a downturn, luxury homes posted record sales activity in 2010, and demand is expected to remain solid in 2011.  Strong sales in the high-end will continue to prop up average prices. 

  •  Immigration will remain a serious force stimulating demand, particularly given the penchant for home ownership among today’s new Canadians.  While the formation of new households used to take an average of five years, a growing number of newcomers arrive skilled, financially secure, and ready to make their home-buying moves.  It is estimated that Canada will average 250,000 new immigrants annually. 

  • In the year ahead, federal, provincial and local stimulus in the form of continued infrastructure spending and capital projects will be a considerable boon to economic stability and employment, providing consumers the confidence to move forward with real estate purchases.

  •  Volatility in the money markets will continue to drive buyers to the tangibility of home ownership, both as a reliable long-term investment and a form of shelter, particularly given low vacancy rates and a lack of new rental construction in a number of major centers.  


The Real Estate Market Is Local
and sometimes hyper-Local

This Information represent a broad range of properties across the Canada.. 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 give me a Call or Text me

Tagged with: real estate market updates market reports

Real Estate Market Update 2010/11

December 7, 2010 - Updated: December 7, 2010

Real Estate Market Update November 2010

 

The Average Selling price for homes in the GTA ..... up five percent compared with November 2009

 

Over all sales numbers ..... down with 6510 existing home sales in November compared to the 7446 in November last year.

 

Affordability .....  a household earning the average income can afford the mortgage payments on the average priced home

 

"The GTA resale market has tightened since the summer. Healthy market conditions continued to support growth in the average selling price." Bill Johnston President Toronto Real Estate Board

 

 

 


The Real Estate Market Is Local
and sometimes hyper-Local

These figures represent a broad range of properties Across the GTA.. 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 give me a Call or Text me

Tagged with: market updates real estate

Buyers Report 2010-11

December 4, 2010 - Updated: December 4, 2010

What Are Potential Buyers Looking At?

Just before The Toronto Real Estate Board puts out the monthly sold statistics for the GTA here is a look at the median and average list price of homes viewed on one of my listing web sites here in Uxbridge.

 

The median price tells us that 50% of the potential home buyers were looking above $484,900 and 50% were looking under $484,900. Meanwhile the average list price they looked at was $586,320

 

While the sampling is small compared to the thousands of data points that TREB analyzes it does provide an idea of what people are looking at in and around Uxbridge.

 

This data contains all listings viewed including  some very high end properties for the area.

For Comparision here is a link to the Average Sales Prices across the GTA up to and including October of this year

 


The Real Estate Market Is Local
and sometimes hyper-Local

These figures represent a broad range of properties over a wide area while many are in or in close proximity to Uxbridge not all are. 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 give me a Call or Text me

Tagged with: market updates

Mid Month Market Update - November

November 22, 2010 - Updated: November 22, 2010

With 3,076 sales through the MLS® system during the two weeks of  November sales to date for the year are still slightly above the 2009 level but down for the month to date compared to last year.

Prices continue to climb as the number of sales remained high relative to new listings during this same period.

"The number of transactions remained high relative to new listings through the first half of November, promoting a healthy rate of price growth compared to last year." Toronto Real Estate Board President Bill Johnston.

With mortgage payments remaining affordable the selling price continues to rise.

 

Tagged with: market updates

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