July 2009
July 2009 continued to post record sales, carrying on the surge of transactions from June. Compared to the same time last year, July 2009 reported 9,967 sales, up 28%. The average price per transaction went up 6% from July of last year. It’s official – last month was the busiest July on record!
The average time it took to sell a home also dropped by 3-4 days in Brampton. Homes are selling faster!
In July of 2009, Brampton had 1,530 active listings on the market, 1,184 of which were new listings. There were 898 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: $325,486
Median sale price: $313,000
Average number of days it took to sell a property: 30 days
Average % of listing price a property sold for: 98% of asking price
Detached Homes
Number of properties sold: 332
Average sale price: $362,038
Median sale price: $350,000
Average % of listing price a property sold for: 98% of asking price
Semi-Detached Homes
Number of properties sold: 107
Average sale price: $283,369
Median sale price: $285,000
Average % of listing price a property sold for: 98% of asking price
Condo Apartment
Number of properties sold: 12
Average sale price: $201,117
Median sale price: $200,000
Average % of listing price a property sold for: 96% of asking price
Condo Townhouse
Number of properties sold: 37
Average sale price: $230,527
Median sale price: $240,000
Average % of listing price a property sold for: 97% of asking price
Attached/Row/Townhouse
Number of properties sold: 47
Average sale price: $269,682
Median sale price: $264,750
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: $334,200
Median sale price: $320,000
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: 195
Average sale price: $409,015
Median sale price: $408,000
Average % of listing price a property sold for: 97% of asking price
Semi-Detached Homes
Number of properties sold: 77
Average sale price: $289,936
Median sale price: $287,000
Average % of listing price a property sold for: 98% of asking price
Condo Apartment
Number of properties sold: 30
Average sale price: $152,267
Median sale price: $144,250
Average % of listing price a property sold for: 96% of asking price
Condo Townhouse
Number of properties sold: 31
Average sale price: $187,258
Median sale price: $183,500
Average % of listing price a property sold for: 97% of asking price
Attached/Row/Townhouse
Number of properties sold: 24
Average sale price: $279,325
Median sale price: $278,000
Average % of listing price a property sold for: 98% of asking price
This post has 2 comments |
thanks for sharing the info. it is amazing that even during the time when real estate market is not doing so well, these people managed to get good returns.
thanks for sharing the information. Real estate market is on a rise again. With the concepts such as affordable housing,the demand has noticeably increased.