Jul

25

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

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

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Here are the latest numbers for the real estate market in Brampton for June 2008.  Although there are still housing issues south of the border, sales in the GTA area continue to indicate a strong market.  Maureen O’Neill, the president of the Toronto Real Estate Board announced earlier that, ““Sales were down 18 per cent from the 2007 total of 10,451, which was the best performance ever for that month.  Nevertheless, the 8,600 figure is the fifth best June on record, and indicative of an active, healthy market.”  Within the 905 suburbs, the average price came in at $370,559, up four per cent over the $355,240 recorded during the same period last year.

June 2008

In June of 2008, Brampton had 2600 active listings on the market, 1525 of which were new listings. There were 764 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: $312,883
Median sale price: $303,000
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: 256
Average sale price: $347,716
Median sale price: $340,500
Average % of listing price a property sold for: 98% of asking price

Semi-Detached Homes
Number of properties sold: 88
Average sale price: $289,655
Median sale price: $290,000
Average % of listing price a property sold for: 98% of asking price

Condo Apartment
Number of properties sold: 16
Average sale price: $213,525
Median sale price: $215,250
Average % of listing price a property sold for: 97% of asking price

Condo Townhouse
Number of properties sold: 29
Average sale price: $220,045
Median sale price: $226,000
Average % of listing price a property sold for: 98% of asking price

Attached/Row/Townhouse
Number of properties sold: 43
Average sale price: $255,135
Median sale price: $262,000
Average % of listing price a property sold for: 97% of asking price

W24 (Any area in Brampton east of Highway 410)

Overall
Average sale price: $327,357
Median sale price: $318,250
Average number of days it took to sell a property: 33 days
Average % of listing price a property sold for: 97% of asking price

Detached Homes
Number of properties sold: 175
Average sale price: $399,604
Median sale price: $404,000
Average % of listing price a property sold for: 98% of asking price

Semi-Detached Homes
Number of properties sold: 68
Average sale price: $288,605
Median sale price: $292,000
Average % of listing price a property sold for: 96% of asking price

Condo Apartment
Number of properties sold: 33
Average sale price: $166,661
Median sale price: $155,000
Average % of listing price a property sold for: 97% of asking price

Condo Townhouse
Number of properties sold: 29
Average sale price: $206,638
Median sale price: $196,500
Average % of listing price a property sold for: 97% of asking price

Attached/Row/Townhouse
Number of properties sold: 24
Average sale price: $271,563
Median sale price: $263,500
Average % of listing price a property sold for: 98% of asking price

Popularity: 38% [?]

Comments

One Response to “How did the Brampton real estate market do in June 2008?”

  1. rorysiems on August 19th, 2008 2:28 am

    “Although there are still housing issues south of the border, sales in the GTA area continue to indicate a strong market.” Hmmm… that’s a good sign in the area.

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