Here are the latest numbers for the real estate market in Brampton for December 2008. Selling prices have dropped in line with the rest of the GTA. The time it takes to sell an average home in Brampton has increased to just over 40 days.
December 2008
In December of 2008, Brampton had 1,748 active listings on the market, 530 of which were new listings. There were 22 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: $310,308
Median sale price: $300,000
Average number of days it took to sell a property: 40 days
Average % of listing price a property sold for: 97% of asking price
Detached Homes
Number of properties sold: 79
Average sale price: $347,262
Median sale price: $335,000
Average % of listing price a property sold for: 97% of asking price
Semi-Detached Homes
Number of properties sold: 35
Average sale price: $260,997
Median sale price: $260,000
Average % of listing price a property sold for: 97% of asking price
Condo Apartment
Number of properties sold: 3
Average sale price: $207,333
Median sale price: $215,000
Average % of listing price a property sold for: 98% of asking price
Condo Townhouse
Number of properties sold: 8
Average sale price: $226,763
Median sale price: $224,750
Average % of listing price a property sold for: 97% of asking price
Attached/Row/Townhouse
Number of properties sold: 7
Average sale price: $279,414
Median sale price: $279,000
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: $319,302
Median sale price: $310,000
Average number of days it took to sell a property: 41 days
Average % of listing price a property sold for: 96% of asking price
Detached Homes
Number of properties sold: 47
Average sale price: $399,347
Median sale price: $387,000
Average % of listing price a property sold for: 96% of asking price
Semi-Detached Homes
Number of properties sold: 10
Average sale price: $292,040
Median sale price: $299,000
Average % of listing price a property sold for: 96% of asking price
Condo Apartment
Number of properties sold: 12
Average sale price: $152,843
Median sale price: $139,750
Average % of listing price a property sold for: 97% of asking price
Condo Townhouse
Number of properties sold: 8
Average sale price: $199,875
Median sale price: $206,000
Average % of listing price a property sold for: 94% of asking price
Attached/Row/Townhouse
Number of properties sold: 13
Average sale price: $278,031
Median sale price: $285,900
Average % of listing price a property sold for: 97% of asking price
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