Real Estate StatsReal Estate StatsReal Estate StatsReal Estate Stats October 10, 2024

Uxbridge Housing September 2024

Uxbridge Housing September 2024

Housing Market Report for September 2024

Here is the Region of Durham  Housing September 2024 report (all housing types), with reports from the Canadian Real Estate Association,  and Toronto Regional Real Estate Board  included.

This housing report for Durham Region includes the number of new listings, average list price, number of properties sold, average selling price, average days on market and average asking price to selling price ratio for all property types within the Region of Durham.

 

Scroll to the bottom for links to take you to the housing market reports for Uxbridge, Scugog and Brock.

 


 

COMING SOON

 


 

 

 

From the Toronto Regional Real Estate Board

 

 

 

 

Read the Toronto Regional Real Estate Board  Market Watch Report 

 


 

 

Township of Uxbridge Full Report

 

In September 2024, the real estate market in the Township of Uxbridge experienced significant price fluctuations and shifting buyer behaviour. The average sales price fell to $1,067,444, a 17.3% decrease from August’s $1,291,179, and marking a 19.4% decrease compared to September 2023’s $1,324,645. Despite the price drop, total sales remained relatively stable at 18, compared to 20 in August and 19 in September of last year. However, new listings surged to 70, double the 35 listings in August and significantly higher than the 56 recorded in September 2023. As a result, the months of inventory rose to 5.50 from 4.40, pushing the market further into balanced market territory.

A growing trend of price adjustments has become apparent, with 61% of listed homes seeing a downward price change. Many properties have been terminated and relisted at lower prices as sellers adjust to market realities. This trend is likely to persist, especially following the Federal Government’s recent announcement of changes to default mortgage insurance, raising the minimum value to $1.5 million and extending the 30-year amortization option to first-time homebuyers, effective December 15. Additionally, Bank of Canada rate announcements on October 23rd and December 11th are expected to keep some buyers on the sidelines, waiting to see the impact on interest rates and further downward pressure on the real estate market.

 

 

Uxbridge Housing September 2024

 

Average Sold Price

Uxbridge Housing September 2024

 

Number of Properties Sold

Uxbridge Housing September 2024

 

Active Listings

Uxbridge Housing September 2024

 

Number of New Listings

Uxbridge Housing September 2024

Months of Inventory

Uxbridge Housing September 2024


 

*Information is believed to be accurate at time of posting but is not guaranteed to be correct. Some values may vary slightly based on the exact date and time the reports were generated. Market stats are provided by TRREB (Toronto Regional Real Estate Board) and are based on sales for the month of Attached/Row/Townhouses, Condo Apartments, Condo Townhouses, Detached, Detached with Common Elements, Link Homes and Semi-detached. *Some values may vary slightly based on the exact date and time the reports were generated.

Not intended as a solicitation if your property is already listed by another broker. Affiliated real estate agents are independent contractor sales associates, not employees. ©2021 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.

 

Click below for more reports

Durham Region

Township of Scugog

Township Brock

 

Check out our Uxbridge and Scugog Events Pages to keep up to date on whats going on around town.  Click the links or scan the Code with your phone to take you directly there.

 

UXBRIDGE EVENTS

 

 

SCUGOG EVENTS 

 

Neighbour News