Apr

10

How did the Brampton real estate market do in March 2008?

Filed Under Brampton, Condos, Homes, Real Estate, Stats And Reports 

market.jpg

Here are the latest numbers for the real estate market in Brampton for March 2008.  Although inventories remained low all around the GTA due to a prolonged winter, sales remained brisk, especially in the 905 suburbs.

Don’t forget that The Bank Of Canada is expecting to once again drop it’s key lending rate on April 22.  This means a continued boost to the market activity that’s already been booming during the spring market.

March 2008

In March of 2008, Brampton had 2164 active listings on the market, 1474 of which were new listings. There were 575 recorded sales in this month. Here is the break down according to areas in Brampton.

W23 (Any area in Brampton west of Highway 410)

Overall
Average sale price: $315,730
Median sale price: $304,000
Average number of days it took to sell a property: 29 days
Average % of listing price a property sold for: 98% of asking price

Detached Homes
Number of properties sold: 192
Average sale price: $352,625
Median sale price: $347,500
Average % of listing price a property sold for: 97% of asking price

Semi-Detached Homes
Number of properties sold: 84
Average sale price: $283,472
Median sale price: $285,000
Average % of listing price a property sold for: 98% of asking price

Condo Apartment
Number of properties sold: 10
Average sale price: $193,750
Median sale price: $203,500
Average % of listing price a property sold for: 97% of asking price

Condo Townhouse
Number of properties sold: 21
Average sale price: $227,048
Median sale price: $235,000
Average % of listing price a property sold for: 98% of asking price

Attached/Row/Townhouse
Number of properties sold: 23
Average sale price: $259,561
Median sale price: $262,000
Average % of listing price a property sold for: 98% of asking price

W24 (Any area in Brampton east of Highway 410)

Overall
Average sale price: $318,397
Median sale price: $306,500
Average number of days it took to sell a property: 31 days
Average % of listing price a property sold for: 98% of asking price

Detached Homes
Number of properties sold: 123
Average sale price: $394,057
Median sale price: $388,000
Average % of listing price a property sold for: 98% of asking price

Semi-Detached Homes
Number of properties sold: 53
Average sale price: $294,010
Median sale price: $295,000
Average % of listing price a property sold for: 98% of asking price

Condo Apartment
Number of properties sold: 26
Average sale price: $154,315
Median sale price: $143,350
Average % of listing price a property sold for: 97% of asking price

Condo Townhouse
Number of properties sold: 23
Average sale price: $193,967
Median sale price: $185,000
Average % of listing price a property sold for: 97% of asking price

Attached/Row/Townhouse
Number of properties sold: 16
Average sale price: $266,953
Median sale price: $266,000
Average % of listing price a property sold for: 98% of asking price

Popularity: 49% [?]

Comments

Leave a Reply




Bloggy Award

 Subscribe in a reader

  • Brampton Real Estate Links