Brampton real estate market: August 2010
The average time it takes to sell a home in Brampton currently sits at 29-30 days. Most homes are selling anywhere between 97% – 98% of the asking price. Fewer listings are coming on the market. Most houses are taking a little longer to sell. However, homes that show extremely well are still able to sell within a matter of days. Recommendation for sellers: Price your house a little below market value to generate more interest.
In August of 2010, Brampton had 1532 active listings on the market and 992 new listings. There were 566 recorded sales in this month. Here is the break down according to areas in Brampton.
W0uld you like a full copy of this report? It’s available for download right here.
Brampton Real Estate Market Report
W23 (Any area in Brampton west of Highway 410)
Overall
Average sale price: $341,480
Median sale price: $332,000
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: 195
Average sale price: $380,898
Median sale price: $374,000
Average % of listing price a home sold for: 97% of asking price
Semi-Detached Homes
Number of properties sold: 71
Average sale price: $306,587
Median sale price: $312,000
Average % of listing price a home sold for: 97% of asking price
Condo Apartment
Number of properties sold: 5
Average sale price: $232,900
Median sale price: $200,000
Average % of listing price a condo sold for: 97% of asking price
Condo Townhouse
Number of properties sold: 27
Average sale price: $239,928
Median sale price: $253,000
Average % of listing price a home sold for: 98% of asking price
Attached/Row/Townhouse
Number of properties sold: 30
Average sale price: $292,675
Median sale price: $286,500
Average % of listing price a home sold for: 98% of asking price
Brampton Real Estate Market Report
W24 (Any area in Brampton east of Highway 410)
Overall
Average sale price: $357,156
Median sale price: $336,500
Average number of days it took to sell a property: 30 days
Average % of listing price a property sold for: 97% of asking price
Detached Homes
Number of properties sold: 115
Average sale price: $453,525
Median sale price: $428,000
Average % of listing price a home sold for: 97% of asking price
Semi-Detached Homes
Number of properties sold: 39
Average sale price: $320,600
Median sale price: $321,000
Average % of listing price a home sold for: 98% of asking price
Condo Apartment
Number of properties sold: 25
Average sale price: $178,376
Median sale price: $171,000
Average % of listing price a condo sold for: 97% of asking price
Condo Townhouse
Number of properties sold: 23
Average sale price: $202,496
Median sale price: $191,500
Average % of listing price a home sold for: 97% of asking price
Attached/Row/Townhouse
Number of properties sold: 30
Average sale price: $304,393
Median sale price: $316,000
Average % of listing price a home sold for: 98% of asking price
If you are looking for specific Brampton real estate sales numbers for your neighbourhood or street, please contact me!
{ 3 comments… read them below or add one }
I guess the market in Brampton was a bit more optimistic than the one in Ottawa! The inventory was quite low and it was hard to sell anything in this area.
BTW, first time on the website and I love it. Great job Lang!
Where is september 2010? The housing crash that bad the board refuses to make it public?
Hi Don
I’ll have those numbers up shortly. Thanks for reading!
Cheers,
Lang