Weekly Real Estate Market Minute for the Townships of Uxbridge and Scugog
– 1860 –
The Scott Township Municipal Hall, a structure rich in history and heritage, stands as a testament to the roots of community governance in the Township of Uxbridge. Designated under the Ontario Heritage Act, this building is more than just an architectural artifact; it is a symbol of civic pride and the enduring spirit of the community.
Visit the Township of Uxbridge Heritage Register
Built in 1860 by Anthony Thompson, the Scott Township Municipal Hall originally graced the northeast corner of Lot 14, Concession 5 in Scott Township. Its creation marked a significant milestone in the area’s history, as it provided a dedicated space for the township council to conduct meetings, which had previously been held in local schools. Constructed using a traditional “barn framed” method, the hall quickly became a focal point for governance and community activities.
Beyond serving as the council’s meeting place from 1860 until the end of 1967, the hall played a vital role in the daily lives of Scott Township residents. It doubled as a community hall for the 6th Concession and occasionally hosted church services, reflecting its versatility and importance as a communal gathering space. These functions highlight the hall’s intrinsic role in fostering a sense of community and unity among its residents.
The hall’s journey didn’t end when it ceased functioning as a municipal space. In 1967, Dorothy and Ed Brown purchased the building, relocating it to their farm and transforming it into the Country Heritage Museum. During this period, the hall was outfitted with vertical siding, a change that gave it a new aesthetic while preserving its structural integrity.
In July 1993, the hall embarked on yet another chapter of its storied life. It was moved to the Uxbridge Historical Centre (UHC) grounds, where it resides today. This relocation ensured that the hall remains accessible to the public, offering a glimpse into the past for residents and visitors alike.
Scott Township itself has a rich and storied history. Surveyed in 1807 and named after Thomas Scott (1746–1824), a prominent Attorney-General and Chief Justice for Upper Canada, the township was officially incorporated in 1850. Over a century later, in 1974, Scott Township was amalgamated with Uxbridge Township and Uxbridge Town to form the present-day Township of Uxbridge as part of the newly established Region of Durham.
The Scott Township Municipal Hall’s designation under the Ontario Heritage Act underscores its importance as a cultural and historical landmark. Its presence on the UHC grounds allows for its continued preservation and provides a tangible connection to the region’s past. Visitors can explore the building and imagine the council meetings, community events, and church services that once filled its walls.
Visit the Uxbridge Historical Centre’s Buildings
Today, the Scott Township Municipal Hall is more than a historical artifact; it is a living legacy. Its story of adaptation, relocation, and preservation mirrors the resilience and adaptability of the community it served. As part of the Uxbridge Historical Centre, the hall invites everyone to step back in time and experience a piece of history that has shaped the identity of Uxbridge and its surrounding areas.
Whether you’re a history enthusiast, a local resident, or a curious visitor, the Scott Township Municipal Hall is a must-see destination that tells the tale of governance, community, and heritage in Ontario’s past.
Want to learn more about Uxbridge’s history? Visit our Uxbridge History Blog Here.
Sources:
Weekly Real Estate Market Minute for the Townships of Uxbridge and Scugog
The Evolving History of 185 Main St N, Uxbridge
Located just north of the heart of Uxbridge, 185 Main St N has a fascinating history that reflects the town’s growth and changing needs over the decades. This brick and glass building, constructed in 1965 by the Liquor Control Board of Ontario (LCBO), originally served as a critical part of the community’s commercial landscape.
The Early Years: A Landmark LCBO Location
When the LCBO built the property, it was designed to be Uxbridge’s official liquor store, bringing a modern and regulated retail experience to the area. For over four decades, 185 Main St N was the go-to destination for residents to stock up on beverages for celebrations, gatherings, and everyday life. Its central location made it a convenient stop for shoppers and a staple of the local business district.
A New Chapter in 2006
In 2006, the LCBO relocated to a larger and more contemporary facility on Welwood Drive, leaving 185 Main St N vacant. The move reflected the LCBO’s effort to provide an expanded selection and enhanced services for the growing Uxbridge community.
Willow Books: A Creative Transformation
After the LCBO’s departure, the building found new life as the home of Willow Books. This charming bookstore became a hub for literary enthusiasts in Uxbridge. It offered a wide selection of titles, adding a cultural and intellectual dimension to its storied history.
Patterson’s Flooring: A Practical Turn
Following Willow Books, the building transitioned into Patterson’s Flooring, a business that catered to homeowners and contractors seeking quality flooring solutions. This marked a shift from cultural pursuits to practical necessities, showcasing the building’s adaptability to changing commercial demands.
Today: A Warehouse with a Story
Currently, 185 Main St N serves as a warehouse, continuing to contribute to the local economy in a quieter capacity. Though its role has evolved significantly over the years, the building remains a tangible link to Uxbridge’s past—a reminder of its journey through retail, culture, and commerce.
A Building That Adapts with the Times
The history of 185 Main St N exemplifies Uxbridge’s dynamic spirit and the versatility of its landmarks. From a bustling LCBO store to a beloved bookstore, a practical flooring business, and now a warehouse, this building has continuously adapted to meet the needs of its community.
Next time you pass by 185 Main St N, take a moment to appreciate its layered history and the stories it holds within its walls. It’s more than just a building—it’s a witness to decades of change in Uxbridge.
Willow Books Sign Image courtesy of REALTOR.ca
Patterson’s Floor Sign image courtesy of LoopNet.com
Each office is independently owned and operated
Here is the Region of Durham Housing December 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.
From Toronto Regional Real Estate Board
Toronto Regional Real Estate Board – Market Stats At A Glance – November 2024
Read the Toronto Regional Real Estate Board Market Watch Report
The real estate market in the Township of Brock for December 2024 showcased notable price gains amidst a seasonally slower month. The average sales price rose to $832,833, up 12.4% compared to December 2023’s $741,000 and a significant 16.3% increase from November 2024’s $715,389. Year-over-year, the average sales price for 2024 ended up 2.3% higher, reflecting steady long-term growth. The sale-to-list price ratio dipped slightly to 96%, down from 98% in November, indicating a softer negotiating position for sellers. Total sales for the month stood at 6, slightly ahead of last December’s 5 but a drop from November’s 18. New listings were limited, with just 5 properties coming to market compared to 22 in November, aligning with the typical December slowdown. With only one more property sold than listed, months of inventory rose to 7.33, nudging the market back into buyers’ territory. Longer days on market, averaging 43 days, further highlight the slower pace typical of the holiday season.
December 2024
November 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.
Each office is independently owned and operated
Here is the Region of Durham Housing December 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.
From Toronto Regional Real Estate Board
Toronto Regional Real Estate Board – Market Stats At A Glance – November 2024
Read the Toronto Regional Real Estate Board Market Watch Report
The real estate market in the Township of Scugog for December 2024 reflected seasonal trends with a mix of declining prices and steady activity. The average sales price was $946,643, down 3.3% compared to December 2023’s $978,889 and an 11.8% drop from November 2024’s $1,073,564. However, the year-over-year average sales price for 2024 still showed an increase of 2.6%, signaling overall growth. The sale-to-list price ratio slipped to 97%, down from 99% last month, indicating a slight easing in buyer competition. Both total sales and new listings for December stood at 14, a notable balance, with sales doubling last December’s 9. The usual seasonal slowdown saw new listings drop from November’s 41, aligning with historical December trends. Property days on market averaged 53, while months of inventory declined to 3.5, maintaining a balanced market but showing signs of shifting toward sellers. This equilibrium hints at a stable start to 2025 for Scugog’s real estate market.
December 2024
November 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.
Each office is independently owned and operated
Here is the Region of Durham Housing December 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.
From Toronto Regional Real Estate Board
Toronto Regional Real Estate Board – Market Stats At A Glance – November 2024
Read the Toronto Regional Real Estate Board Market Watch Report
The Township of Uxbridge’s real estate market in December 2024 showcased significant year-over-year growth, with the average sales price reaching $1,186,833—up 20.5% from December 2023’s $985,250. However, this represents a 6.7% decline from November 2024’s $1,271,969. Despite this, the year-over-year average sales price for 2024 ended down slightly by 2.4%. The sale-to-list price ratio dipped to 96% from 98% last month, suggesting some softening in buyer competition. Total sales for December were 15, nearly double the 8 recorded last year and slightly fewer than November’s 16. New listings experienced a seasonal slowdown, dropping to just 7 from November’s 37 and last December’s 12, creating a unique dynamic where twice as many properties sold as were listed. Property days on market averaged 76, while months of inventory declined to 3.08, keeping the market balanced but leaning toward sellers due to strong sales activity relative to new inventory. This sets the stage for an interesting start to 2025.
December 2024
November 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.
Each office is independently owned and operated
Here is the Region of Durham Housing December 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.
From Toronto Regional Real Estate Board
Toronto Regional Real Estate Board – Market Stats At A Glance – November 2024
Read the Toronto Regional Real Estate Board Market Watch Report
Durham Region’s real estate market in December 2024 saw a positive finish to the year with an average sales price of $930,207, up 8.1% compared to December 2023’s $860,622 and a 2.9% increase from November 2024’s $904,226. Despite the year-over-year average sales price showing a slight decline of 1.5%, December’s gains highlighted some recovery in pricing trends. The sale-to-list price ratio held steady at 100%, reflecting strong buyer competition for available homes. Total sales for the month reached 404, down from November’s 739 but expected due to the typical December slowdown, and slightly below the 468 transactions in December 2023. New listings dropped significantly to 486 from 1,198 in November but aligned with last year’s 472. Properties averaged 46 days on the market, with months of inventory edging up to 3.07, indicating a balanced market to close out the year. These conditions suggest stability heading into 2025.
December 2024
November 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.
Weekly Real Estate Market Minute for the Townships of Uxbridge and Scugog
– Circa 1876 –
Nestled in the heart of Uxbridge, the Boyd House at 188 Brock Street West is a charming example of 19th-century craftsmanship and architectural design. Built in 1876-77, this 1½-storey home reflects both the skill of its builder and the stylistic influences of its time, offering a glimpse into the rich history of our town.
The Boyd House was constructed by Thomas Boyd, a talented carpenter whose skill and attention to detail are evident throughout the property. The main house is a wood frame structure, boasting a high-pitched roof that sits gracefully on a traditional fieldstone foundation. Its original shiplap boarding, now covered by vinyl siding, hints at the home’s historical integrity. The roof, made of asphalt shingles on wood planking, preserves the authentic character of the house.
One of the most striking aspects of the Boyd House is its wraparound verandah, which evokes the Classical Revival style popular during its time. The rounded porch not only adds elegance but also serves as a welcoming feature that invites visitors to pause and admire the home’s beauty.
A distinctive gable on the second floor includes a door opening onto a railed verandah, offering a quaint and picturesque touch. Adding to the home’s charm are two decorative brackets adorned with a sunburst pattern. These brackets are believed to be unique to Uxbridge, showcasing a design element that sets the Boyd House apart from other historic properties in the area.
The Boyd House stands as a testament to Uxbridge’s architectural heritage, connecting us to the craftsmanship and traditions of the late 19th century. While modern updates like vinyl siding, asphalt roofing and newer six over six windows have been added, the home’s original features continue to shine through, preserving its historical significance.
Read about other Uxbridge Historic homes by following our blog here
Sources:
Weekly Real Estate Market Minute for the Townships of Uxbridge and Scugog
Each office is independently owned and operated
Here is the Region of Durham Housing November 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.
Greater Toronto Area (GTA) home sales increased strongly on a yearover-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. New listings were also up compared to November 2023, but by a much lesser annual rate. This meant that market conditions tightened, resulting in overall average price growth compared to last year.
“As we approach the end of 2024, I am pleased to report an improvement in housing market conditions. Many home buyers patiently waited on the sidelines for reduced inflation and lower borrowing costs. With selling prices remaining well off their historic peak and monthly mortgage payments trending lower, the stage is set for an accelerating market recovery in 2025,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.
GTA REALTORS® reported 5,875 home sales through TRREB’s MLS® System in November 2024 – up by 40.1 per cent compared to 4,194 sales reported in November 2023. New listings entered into the MLS® System amounted to 11,592 – up by 6.6 per cent year-over-year. On a seasonally adjusted basis, November sales were up month-overmonth compared to October.
Toronto Regional Real Estate Board – Market Stats At A Glance – November 2024
Read the Toronto Regional Real Estate Board Market Watch Report
The Township of Brock’s real estate market in November 2024 experienced a slight dip in average sales price while maintaining steady activity. The average sales price was $715,389, down 6.5% from November 2023’s $765,490 and 2.4% from October 2024’s $732,861.
The sale-to-list price ratio improved to 98%, up from 96% last month, indicating buyers were closing closer to asking prices. Total sales remained stable at 18, matching October’s figures and significantly higher than the 10 sales recorded in November 2023. New listings dropped to 22, a notable decrease from 44 last month and slightly below the 27 from last year.
Properties averaged 58 days on the market, reflecting extended timeframes for transactions. Months of inventory decreased to 3.61, keeping the market balanced. While prices softened, steady sales and reduced inventory suggest resilience in Brock’s market dynamics.
November 2024
October 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.
Each office is independently owned and operated
Here is the Region of Durham Housing November 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.
Greater Toronto Area (GTA) home sales increased strongly on a yearover-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. New listings were also up compared to November 2023, but by a much lesser annual rate. This meant that market conditions tightened, resulting in overall average price growth compared to last year.
“As we approach the end of 2024, I am pleased to report an improvement in housing market conditions. Many home buyers patiently waited on the sidelines for reduced inflation and lower borrowing costs. With selling prices remaining well off their historic peak and monthly mortgage payments trending lower, the stage is set for an accelerating market recovery in 2025,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.
GTA REALTORS® reported 5,875 home sales through TRREB’s MLS® System in November 2024 – up by 40.1 per cent compared to 4,194 sales reported in November 2023. New listings entered into the MLS® System amounted to 11,592 – up by 6.6 per cent year-over-year. On a seasonally adjusted basis, November sales were up month-overmonth compared to October.
Toronto Regional Real Estate Board – Market Stats At A Glance – October 2024
Read the Toronto Regional Real Estate Board Market Watch Report
The Township of Scugog’s real estate market in November 2024 saw a notable increase in average sales price, despite a slowdown in activity. The average sales price climbed to $1,073,564, representing a 13% increase from October 2024’s $949,782, though down 4.01% from November 2023’s $1,118,455.
The sale-to-list price ratio rose to 99%, up from 96% the previous month, suggesting sellers achieved closer to their asking prices. Total sales for the month dropped to 14, down from 38 in October but slightly above the 11 sales recorded in November 2023. New listings totalled 41, a decline from 53 in October but higher than last year’s 30.
Properties spent an average of 44 days on the market, while months of inventory increased to 5.29, keeping the market balanced but leaning toward favouring buyers. This dynamic indicates a market in flux, with rising prices tempered by extended listing durations and increasing inventory levels.
November 2024
October 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.
Each office is independently owned and operated.
Here is the Region of Durham Housing November 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.
Greater Toronto Area (GTA) home sales increased strongly on a yearover-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. New listings were also up compared to November 2023, but by a much lesser annual rate. This meant that market conditions tightened, resulting in overall average price growth compared to last year.
“As we approach the end of 2024, I am pleased to report an improvement in housing market conditions. Many home buyers patiently waited on the sidelines for reduced inflation and lower borrowing costs. With selling prices remaining well off their historic peak and monthly mortgage payments trending lower, the stage is set for an accelerating market recovery in 2025,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.
GTA REALTORS® reported 5,875 home sales through TRREB’s MLS® System in November 2024 – up by 40.1 per cent compared to 4,194 sales reported in November 2023. New listings entered into the MLS® System amounted to 11,592 – up by 6.6 per cent year-over-year. On a seasonally adjusted basis, November sales were up month-overmonth compared to October.
The MLS® Home Price Index Composite benchmark was down by 1.2 per cent year-over year in November 2024 – a much lesser annual rate of decline compared to previous months. The average selling price was up by 2.6 per cent compared to November 2023 to $1,106,050. Year-over-year average price growth was greater than that for the HPI Composite benchmark because of a greater weighting of detached home sales compared to last year. On a seasonally adjusted basis, the average selling price edged slightly lower compared to October.
“Market conditions have tightened, particularly for single-family homes. The detached market segment experienced average annual price growth above the rate of inflation, particularly in the City of Toronto. In contrast, the condominium apartment segment continued to experience lower average selling prices compared to a year ago. Condo buyers are benefitting from a lot of choice and therefore negotiating power. This will attract renter households into homeownership as borrowing costs trend lower in the months ahead,” said TRREB Chief Market Analyst Jason Mercer.
While the rental market will remain relatively well-supplied as more renters transition to homeownership, expect rental demand to pick up as population growth remains high. The rental market could strengthen for both tenants and landlords by reducing the backlog of cases at the Landlord and Tenant Board (LTB).
“Reforming the LTB to make it faster and fairer will go a long way to getting more individuals and families into homes they can afford,” said TRREB CEO John DiMichele.
Toronto Regional Real Estate Board – Market Stats At A Glance – November 2024
Read the Toronto Regional Real Estate Board Market Watch Report
The Township of Uxbridge’s real estate market in November 2024 experienced notable growth in average sales price, driven in part by sales of higher-value rural properties. The average sales price surged to $1,271,969, marking a 5.41% increase from November 2023’s $1,206,714 and a significant 32.8% jump from October’s $958,056. This increase was influenced by the sale of four rural properties priced between $1,535,000 and $2,900,000. Detached homes averaged $1,439,167, reflecting the township’s continued appeal for high-value properties. The sale-to-list price ratio was 98%, indicating a balanced negotiation climate.
Total sales for November reached 16, slightly below October’s 18 but above the 14 transactions in November 2023. New listings decreased to 37 from 44 last month, remaining consistent with the 34 new listings a year ago. Properties spent an average of 62 days on the market, while months of inventory edged up slightly to 5.38, positioning the market at the upper limit of balanced territory. This suggests a steady but competitive environment for both buyers and sellers.
November 2024
October 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.
Each office is independently owned and operated
Here is the Region of Durham Housing November 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.
Greater Toronto Area (GTA) home sales increased strongly on a yearover-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. New listings were also up compared to November 2023, but by a much lesser annual rate. This meant that market conditions tightened, resulting in overall average price growth compared to last year.
“As we approach the end of 2024, I am pleased to report an improvement in housing market conditions. Many home buyers patiently waited on the sidelines for reduced inflation and lower borrowing costs. With selling prices remaining well off their historic peak and monthly mortgage payments trending lower, the stage is set for an accelerating market recovery in 2025,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.
GTA REALTORS® reported 5,875 home sales through TRREB’s MLS® System in November 2024 – up by 40.1 per cent compared to 4,194 sales reported in November 2023. New listings entered into the MLS® System amounted to 11,592 – up by 6.6 per cent year-over-year. On a seasonally adjusted basis, November sales were up month-overmonth compared to October.
The MLS® Home Price Index Composite benchmark was down by 1.2 per cent year-over year in November 2024 – a much lesser annual rate of decline compared to previous months. The average selling price was up by 2.6 per cent compared to November 2023 to $1,106,050. Year-over-year average price growth was greater than that for the HPI Composite benchmark because of a greater weighting of detached home sales compared to last year. On a seasonally adjusted basis, the average selling price edged slightly lower compared to October.
“Market conditions have tightened, particularly for single-family homes. The detached market segment experienced average annual price growth above the rate of inflation, particularly in the City of Toronto. In contrast, the condominium apartment segment continued to experience lower average selling prices compared to a year ago. Condo buyers are benefitting from a lot of choice and therefore negotiating power. This will attract renter households into homeownership as borrowing costs trend lower in the months ahead,” said TRREB Chief Market Analyst Jason Mercer.
While the rental market will remain relatively well-supplied as more renters transition to homeownership, expect rental demand to pick up as population growth remains high. The rental market could strengthen for both tenants and landlords by reducing the backlog of cases at the Landlord and Tenant Board (LTB).
“Reforming the LTB to make it faster and fairer will go a long way to getting more individuals and families into homes they can afford,” said TRREB CEO John DiMichele.
Toronto Regional Real Estate Board – Market Stats At A Glance – November 2024
Read the Toronto Regional Real Estate Board Market Watch Report
In November 2024, Durham Region’s real estate market showed resilience with modest price growth and strong sales activity. The average sales price climbed to $904,226, a 2.39% increase from November 2023’s $883,115 and a 1.7% rise from October’s $888,914. The sale to list price ratio remained the same at 100%. Detached homes continued to command higher prices, with an average of $1,010,985.
Total sales for the month reached 739, down from October’s 888 but significantly higher than the 540 sales recorded in November 2023, reflecting ongoing buyer interest. New listings dropped to 1,198 from 1,766 in October and slightly below the 1,262 listings of last year, leading to tighter inventory. Properties spent an average of 41 days on the market, indicating a steady pace of transactions.
Months of inventory dipped slightly to 2.46, keeping the market at the upper edge of sellers’ territory, highlighting sustained demand despite seasonal slowdowns.
November 2024
October 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.
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Weekly Real Estate Market Minute for the Townships of Uxbridge and Scugog
Weekly Real Estate Market Minute for the Townships of Uxbridge and Scugog
Weekly Real Estate Market Minute for the Townships of Uxbridge and Scugog
Nestled just south of Uxbridge along the 7th Concession lies the Village of Glen Major, a serene community with a rich history. Though it now appears quiet and remote, this area was once a thriving village, alive with industry and community spirit.
The roots of Glen Major trace back to the mid-19th century when it was known as Glen Sharrard, named after the Sharrard family, who established the first sawmill around 1850. The sawmill became the heart of the village, driving growth and drawing settlers to the area.
By the late 1800s, Glen Sharrard was bustling with activity. The village boasted two sawmills, a gristmill, a hotel, a general store, a post office, a train station, a school, and the Wesleyan Methodist Church, which was built in 1873 and quickly became a cornerstone of the community.
School House closed in the 1940’s and is now a private residence
In the 1870s, Edward Major purchased the sawmills and decided to rename the village in honour of his family. By 1878, Glen Major was officially established. The post office, which had opened in the 1860s, provided a vital connection to the outside world, and the church brought people together for worship and social gatherings.
Possible the General Store or Post Office. Now a private residence.
Despite its early success, Glen Major faced challenges as the industrial landscape changed. Larger sawmills in Uxbridge and other towns outcompeted the smaller operations in Glen Major, leading to the mills’ closure before the turn of the century.
As employment opportunities dwindled, the general store followed suit, and the village’s decline accelerated. The post office closed in 1928, and by the 1940s, the school had shut its doors due to a lack of students. Over time, Glen Major faded into a quiet community, leaving only traces of its once-vibrant past.
Today, Glen Major is a peaceful area, with a few enduring landmarks that tell the story of its past:
Glen Major United Church: Originally the Wesleyan Methodist Church
While the industry and activity that once defined Glen Major are long gone, its history is still felt in the community’s remaining structures and the memories they evoke. The village serves as a peaceful retreat, offering glimpses into a time when sawmills hummed with activity, the train station bustled with travellers, and the church echoed with hymns.
Glen Major may be quiet now, but its legacy endures, inviting visitors to reflect on the resilience and determination of the people who built and sustained this once-thriving community.
Follow our Uxbridge History blog to learn more about the history around our town.
Source:
Weekly Real Estate Market Minute for the Townships of Uxbridge and Scugog
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