October 2009
The average price for October transactions increased by 20% compared to October of last year. Houses valued over $750,000 experienced the largest jump in sales. Inventory is extremely low and demand is high.
The average time it took to sell a home also dropped substantially to an average of 27 days.
In October of 2009, Brampton had 1,172 active listings on the market, 966 of which were new listings. There were 729 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: $326,291
Median sale price: $319,000
Average number of days it took to sell a property: 28 days
Average % of listing price a property sold for: 98% of asking price
Detached Homes
Number of properties sold: 269
Average sale price: $360,746
Median sale price: $354,900
Average % of listing price a property sold for: 98% of asking price
Semi-Detached Homes
Number of properties sold: 81
Average sale price: $289,741
Median sale price: $295,500
Average % of listing price a property sold for: 98% of asking price
Condo Apartment
Number of properties sold: 9
Average sale price: $189,056
Median sale price: $198,000
Average % of listing price a property sold for: 97% of asking price
Condo Townhouse
Number of properties sold: 30
Average sale price: $224,875
Median sale price: $229,000
Average % of listing price a property sold for: 98% of asking price
Attached/Row/Townhouse
Number of properties sold: 26
Average sale price: $258,563
Median sale price: $259,950
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: $365,400
Median sale price: $344,000
Average number of days it took to sell a property: 26 days
Average % of listing price a property sold for: 98% of asking price
Detached Homes
Number of properties sold: 187
Average sale price: $436,957
Median sale price: $440,000
Average % of listing price a property sold for: 99% of asking price
Semi-Detached Homes
Number of properties sold: 50
Average sale price: $307,534
Median sale price: $302,250
Average % of listing price a property sold for: 98% of asking price
Condo Apartment
Number of properties sold: 27
Average sale price: $174,167
Median sale price: $171,000
Average % of listing price a property sold for: 97% of asking price
Condo Townhouse
Number of properties sold: 21
Average sale price: $192,805
Median sale price: $184,000
Average % of listing price a property sold for: 97% of asking price
Attached/Row/Townhouse
Number of properties sold: 20
Average sale price: $291,311
Median sale price: $286,000
Average % of listing price a property sold for: 99% of asking price
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