Uxbridge Real Estate Market Snapshot - Week Ending Sunday November 17th, 2013
Currently ..... Median Asking Price $721,950
There are 130 (down five from 135 last week) properties listed on the National MLS® System for sale in Uxbridge with the price range from $169,900 to $3,699,000 and a median asking price of $721,950. . ..... this includes properties that are sold subject to conditions being met
Last Week we added the median asking price to our report. This is not an indicator of prices rising or falling but more an indicator of changes in the number of lower or higher priced homes available to be seen. As the median price falls you can expect more lower priced homes to be available and as the median price rises you can expect to see more higher priced homes available for viewing.
Why Add The Median Price?
If you have been following our market snapshots for any length of time you will have noticed that the price range seldom changes. This is due to listings sitting on the market for a long period of time for a variety of reasons. Adding the median price offers a different and perhaps more realistic perspective to what is happening in the real estate market.
The median asking price price is the halfway point between the highest and lowest point of all the listings considered in this report. For example this week there are 130 properties available putting the median listing price halfway between the top 65 properties and the bottom 65 properties available.
The charts below look at the median and average sale prices in Uxbridge for October 2013 in comparision to October 2012. They illustrate the different perspectives (Average sale price vs Median sale price) and how they might alter your perception of what the real estate market is doing.
This past week saw the following transactions reported by the Toronto Real Estate Board for Uxbridge:
- 9 new listings
- 3 properties with price changes
- 5 residential properties sold subject to conditions being met
- 2 residential Condo/Other sold subject to conditions being met
- 6 residential freehold properties sold firm (may include properties previously listed as sold conditional)
- 2 residential Condo/Other sold firm (may include properties previously listed as sold conditional)
- 0 previous deal(s) fell through
To View All Our Uxbridge Real Estate Charts Visit Our Historical Charts Page Here
E&OE - these numbers reflect the raw data reported by the Toronto Real Estate Board for the last seven days no attempt has been made to verify the accuracy of the information reported.
* new listings also includes listings that were previously listed and had expired and then were re-listed, terminated and re-listed or may have been re-listed by a different broker.
Statistics Are What They Are
The Real Estate Market Is Local and sometimes hyper-Local While Statistics 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 Contact Me
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