July 2009

Patio - Brampton bungalow

Hi everyone.

I just wanted to post a new listing I have available in the prestigious downtown core of Brampton.  Nestled in a quiet neighbourhood within minutes of walking distance to Gage Park and City Hall, this is a 3 bedroom, 2 bathroom renovated bungalow.  As you can tell from the pictures, there is a newly added front patio.  The house was originally a 4 bedroom home, but it can easily be converted back.

The house sits on a large lot with a spacious backyard that is perfect for gardeners.  The main washroom is newly renovated, and the home features new countertops, Italian ceramics, hardwood floors, crown moulding, and a stone patio set in the backyard.  The roof was also recently re-shingled.

The basement is partially finished and offers a recreation room, an extra bedroom, and another washroom for convenience.

This house is in a fantastic location, close to a ravine, Shoppers World, City Hall, Gage Park, downtown Brampton, buses, and more.  The great thing about this home is that you’ll have peace of mind living in an extremely well-established and quiet neighbourhood, and best of all… all the neighbours around are great people.

If you’d like to know more about this property, please leave a comment here and I will be sure to send you more information!

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June 2009

June of 2009 was a great indication of just how strong the real estate market has bounced back from the lows of a few months ago.  June proved to be the BEST JUNE ON RECORD, showing increased sales by 27% over June of 2008.  The average price for homes in the Greater Toronto Area increased by 2% over the same time last year.  Sales are increasing, and inventory is declining.

In June of 2009, Brampton had 1,681 active listings on the market, 1,222 of which were new listings. There were 901 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: $322,801
Median sale price: $309,000
Average number of days it took to sell a property: 33 days
Average % of listing price a property sold for: 98% of asking price

Detached Homes
Number of properties sold: 345
Average sale price: $356,205
Median sale price: $345,000
Average % of listing price a property sold for: 97% of asking price

Semi-Detached Homes
Number of properties sold: 104
Average sale price: $278,140
Median sale price: $281,000
Average % of listing price a property sold for: 98% of asking price

Condo Apartment
Number of properties sold: 11
Average sale price: $202,000
Median sale price: $199,000
Average % of listing price a property sold for: 97% of asking price

Condo Townhouse
Number of properties sold: 27
Average sale price: $229,363
Median sale price: $237,000
Average % of listing price a property sold for: 97% of asking price

Attached/Row/Townhouse
Number of properties sold: 50
Average sale price: $262,965
Median sale price: $262,250
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: $344,010
Median sale price: $320,250
Average number of days it took to sell a property: 37 days
Average % of listing price a property sold for: 97% of asking price

Detached Homes
Number of properties sold: 205
Average sale price: $413,314
Median sale price: $407,500
Average % of listing price a property sold for: 97% of asking price

Semi-Detached Homes
Number of properties sold: 61
Average sale price: $294,284
Median sale price: $291,001
Average % of listing price a property sold for: 97% of asking price

Condo Apartment
Number of properties sold: 31
Average sale price: $172,142
Median sale price: $171,000
Average % of listing price a property sold for: 96% of asking price

Condo Townhouse
Number of properties sold: 26
Average sale price: $201,115
Median sale price: $194,500
Average % of listing price a property sold for: 96% of asking price

Attached/Row/Townhouse
Number of properties sold: 32
Average sale price: $278,672
Median sale price: $274,750
Average % of listing price a property sold for: 97% of asking price

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