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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