Boom or Bubble? ..... 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, see chart 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.
Uxbridge Real Estate Market Update
Median Sold Price This Month $635,000 Average Sale Price This Month $634,623 Median Sold Price Last Month $544,000 Average Sale Price Last Month $623,162 This past month there were 32 new listings and 22 residential sales reported by the Toronto Real Estate Board for Uxbridge. The 22 sales represents a 15.79% increase from the 19 sales last month. See the full report here View All Our Current Uxbridge Housing Market Charts Click Here If you are contemplating the sale of Your Home contact us
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