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December 2010 Market Update - What are potential buyers looking at?

By Kathy Clulow

Real Estate Sales Representative

January 04, 2011 07:49 AM

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 $439,900 and 50% were looking under $439,900. Meanwhile the average list price they looked at was $697,955 read more here

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

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Barb & Sal Dragotta

Macomb, MI

Macomb County Michigan

Kathy...not in your area as you know but those numbers do look good to me. That the area is growing is seen in the Dec. column , even with the small dollar difference. Hope that continues for you there.
Have a very good January, 2011.

Barb

Jan 04, 2011 07:57 AM

Kathy Clulow

Uxbridge, ON

Trusted For Experience - Respected For Results

Barb - The GTA Stats will be out in a few days and they will tell a more complete story being a relatively small area (sales wise) these stats tend to bounce around a little bit more than the larger GTA wide stats do

Jan 04, 2011 11:32 AM

Brian Madigan

RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON

LL.B., Broker

Kathy,

The big listing can distort the average numbers as seen here.

Brian

Jan 05, 2011 12:12 AM

Ty Lacroix

Envelope Real Estate Brokerage Inc - London, ON

Kathy, seems like a healthy market if you stick to the medium range.

Jan 05, 2011 02:16 AM

Brian - it is generally balanced out by the low ones as seen in the figures here.

The average sale for a detached home in Uxbridge in November was $481,310 with the median being $435,000

Jan 05, 2011 04:16 PM

Ty - Healthy markets are the best, not hot, not cold, just medium

Jan 05, 2011 04:24 PM

Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula

Realty Works Temecula - Temecula, CA

Realty Works Temecula

Hi Kathy: Thank you for posting this, I missed it, but heard about it briefly!

Jan 06, 2011 02:22 PM

December 2010 Market Update - What are potential buyers looking at?

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