Monday Market Minute May 3

Week of Sunday April 27 – Saturday May 3

Weekly Real Estate Market Minute for the Townships of Uxbridge and Scugog

Welcome to this week’s edition of the Monday Market Minute, your go-to source for the latest real estate activity across the Townships of Uxbridge and Scugog. Whether you’re buying, selling, or simply keeping an eye on the market, here’s what you need to know.

Uxbridge Market Summary

• A total of 14 new listings hit the market this week, just one more than last week.

• 11 additional properties were brought back to market after being previously listed.

• 18 price adjustments were made, a noticeable jump from 10 last week.

• 2 homes sold conditionally, a drop from 7 the previous week.

• 9 homes sold firm, slightly down from 10 the week prior.

• Overall inventory in Uxbridge rose to 135 active listings, an increase of 5 from last week.

Scugog Market Summary

• 9 new listings were added to the market this week, a decline from 14 last week.

• 7 previously listed homes were brought back to market.

• 10 price adjustments were recorded, up from 7.

• 2 conditional sales were made, compared to 9 the previous week.

• 10 properties sold firm, up from 7 the week before.

• The total number of active listings remains stable at 110.

Watch the video below

What This Means for Buyers and Sellers

In Uxbridge, the number of new and relisted properties continues to grow, along with the number of price reductions. This could suggest that sellers are adjusting their expectations to attract motivated buyers. Firm sales remain steady, even with fewer conditional offers on the table.

In Scugog, we’re seeing a shift. While new listings have dropped, the number of firm sales has climbed, indicating strong buyer demand for the right properties. The steady inventory level suggests a balanced market where competitively priced homes are still in demand.

Final Thoughts

The spring market is proving to be dynamic and full of opportunity for both buyers and sellers. If you’re looking to understand where your property fits in today’s market or want to take advantage of current conditions, I’d love to connect and help guide you through the next steps.

Check out the full video above for more insights, and stay tuned for next week’s update.

Thank You For Watching

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