Uxbridge Real Estate Market Update
November 2011
The Average Selling Price for all home types in Uxbridge ..... up almost 8.3% to $454,557 year to date over 2010's average sellein price of $419,736 for the same time frame last year
Here is a sampling of what is available around the average price in Uxbridge.
Over all sales numbers..... down almost 1% over 2010 to date with 323 reported transactions through the Toronto MLS in 2011 with 326 for the same time frame last year.
While enjoying solid gains in value Uxbridge properties sell at a slower pace than Toronto. On average it takes up to 3 times longer to sell a home in Uxbridge than it does in many areas of Toronto.
Currently there are 120 properties for sale ranging from $169,000 to $4,490,000.
With an average number of sales per month of 29.36 to date this year
The current 120 properties for sale represent a four month supply of listings.
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Greater Toronto Area Real Estate Market Update November 2011
The Average Selling Price for homes in the GTA ..... up almost 10% from November 2010 Over all sales numbers..... up 11% from November of 2010 with 7092 reported transactions through the Toronto MLS system in November 2011
The full Toronto Real Estate Board Market Watch for November and can be viewed here
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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
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Kathy Clulow Sales Representative RE/MAX All-Stars Realty Inc.. Brokerage 905.852.6143
Each office independently owned and operated Not intended to solicit clients already under contract
Kathy, this is a great market report and your resident of the Uxbridge area have to love that 8+% increase in their home prices. Compared to our area you have a very expensive average sales price. Are you right in Toronto? Great market report: short, colorful, and easy to interpret!
I continue to be amazed with your values. My question is, "Are there any concerns of a pending bubble?" Since there is no FHA or no money down financing it may not be nearly as problematic for you in Canada. What are your thoughts?
Cal
Bruce - Uxbridge is located north and east of the Toronto core area but is part of the Greater Toronto Area
Cal - all indicators are currently pointing towards a stable market with moderating price increases.
Kathy,
Wow-no wonder the prices are up there as your area in "green" from your website is very close to the lake and some are right on it!!! How great is that! I love the GREAT LAKES!!!! (and the St. Lawrence River - as we used to live right off it in the late 50's for around six months)
Bruce - Uxbridge has its own very small lake but it is only about a half an hour from the beaches of Lake Simcoe to the north Lake Ontario to the south and Scugog to the east.