Uxbridge, Ontario and Durham Region Real Estate Market Statistics - September 2017

Durham’s real estate market continues to remain strong

Durham Region Association of REALTORS® (DRAR) President Roger Bouma reported 835 residential transactions in September 2017, down 23 per cent compared to September 2016. However, this was a slight increase over the previous month.

September also saw an increase in the number of new listings in Durham (1,914), compared to the 1,556 new listings reported in September 2016.

The average housing price for September in Durham Region was $578,666, a slight decrease over the previous month, however an increase of 4.25% over the same period last year.

Homes listed on the market continue to sell in an average of 23 days.

Uxbridge’s Real Estate Market

There were 21 residential transactions reported in Uxbridge through the Toronto Real Estate Board in September 2017, down 36% from September 2016 but up 10.5% from August 2017.

New listings increased in Uxbridge, 73 in September 2017 compared to 48 in September 2016.  An increase of 23 from August. 

The average housing price for September in Uxbridge was $802,238, an increase of 10.61% over the previous month, and an increase of 14.85% over the same period last year.

Homes that sold took an average of 31 days to sell.

After Sales Prices having a slight downturn from record numbers in the beginning of 2017, September 

saw a small increase.

August Real Estate Sales Durham Region and Uxbridge

Durham Region Association of REALTORS® (DRAR) President Roger Bouma reported 822 residential transactions in August 2017, a 9.75% increase over the previous month.

August also saw a 16.2% increase in the number of new listings in Durham (1,497), compared to the 1,288 new listings reported in August 2016.

“We continue to experience a healthy balanced market,” said Bouma. “The average house price in August in Durham is $587,172, which is down 16.5% from the highs reached in April, but slightly higher (3%) than the previous month of $569,748 and an 8.3% increase over the same period last year.

“Home ownership continues to be a good investment,” said Bouma. “It remains the only investment that you can live in, raise your family and make memories, while ensuring a nice return over time.” He added, “Durham Region continues to be a great place to buy, offering some of the best real estate value in the GTA.”

UXBRIDGE August 2017

In August the Average Sale Price in Uxbridge for the month was $725,316, down 4.72% from the same month a year ago, and down 6.14% from July 2017, but still an increase of 17.02% over the same period last year.

19 homes changed hands in August down 15 from August 2016.  

Active listing where up however to 86 from 50 a year ago.   Of those 86, 50 where new listings.

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January 2017

Durham Ends 2016 Leadings

GTA in Average Selling Price

Growth

Durham Region Association of REALTORS® (DRAR) President Roger

Bouma reported 528 residential transactions in December 2016, a 4 per cent

decrease from the same time last year. “Real estate transactions tend to slow

down around the holidays,” stated Bouma. There were 411 new listings in

December 2016 compared to 512 in December 2015. The average selling price

in Durham reached $570,957 last month. In comparison, the average selling

price was $451,671 during the same period last year; a 26 per cent increase.

From the Toronto Real Estate Board Market Watch, January 2017

Uxbridge had the highest

increase in year-to-date average selling price growth with a 31 per cent

increase from 2015. The second highest increase was Oshawa at 27 per cent,

and third highest was Brock and Clarington at 21 per cent. Durham Region is

also selling the quickest in the GTA with a year-to-date average of 12 days-on-

market, 3 days quicker than Peel Region and 4 days quicker than York Region.

Ajax, Oshawa, and Whitby sold the quickest in Durham Region with an average

of 10 days-on-market.