April 2009
The real estate market in the Greater Toronto Area has continued to show positive gains in the month of April. Sales remain only 7% down from April of last year when the market was still strong; however, the seasonally adjusted rate indicates an increase of 26% from the month of March.
The average price for April transactions was down only 3% from last year. More houses are selling as inventory begins to decline!
In W23 (any area in Brampton west of Highway 410), the average days it took to sell a home dropped from 38 days to 34 days. In contrast, homes in W24 actually saw an increase in days on the market from 37 to 39 days.
In April of 2009, Brampton had 2,108 active listings on the market, 1,252 of which were new listings. There were 714 recorded sales (up from 539 from March) 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: $303,753
Median sale price: $300,000
Average number of days it took to sell a property: 34 days
Average % of listing price a property sold for: 97% of asking price
Detached Homes
Number of properties sold: 256
Average sale price: $336,076
Median sale price: $335,500
Average % of listing price a property sold for: 97% of asking price
Semi-Detached Homes
Number of properties sold: 109
Average sale price: $272,067
Median sale price: $270,000
Average % of listing price a property sold for: 98% of asking price
Condo Apartment
Number of properties sold: 11
Average sale price: $179,545
Median sale price: $185,500
Average % of listing price a property sold for: 95% of asking price
Condo Townhouse
Number of properties sold: 23
Average sale price: $223,117
Median sale price: $237,000
Average % of listing price a property sold for: 97% of asking price
Attached/Row/Townhouse
Number of properties sold: 35
Average sale price: $258,129
Median sale price: $255,000
Average % of listing price a property sold for: 97% of asking price
W24 (Any area in Brampton east of Highway 410)
Overall
Average sale price: $320,635
Median sale price: $307,500
Average number of days it took to sell a property: 39 days
Average % of listing price a property sold for: 96% of asking price
Detached Homes
Number of properties sold: 146
Average sale price: $382,757
Median sale price: $389,000
Average % of listing price a property sold for: 97% of asking price
Semi-Detached Homes
Number of properties sold: 62
Average sale price: $288,428
Median sale price: $295,650
Average % of listing price a property sold for: 97% of asking price
Condo Apartment
Number of properties sold: 19
Average sale price: $166,632
Median sale price: $175,000
Average % of listing price a property sold for: 96% of asking price
Condo Townhouse
Number of properties sold: 19
Average sale price: $182,395
Median sale price: $175,000
Average % of listing price a property sold for: 96% of asking price
Attached/Row/Townhouse
Number of properties sold: 29
Average sale price: $272,625
Median sale price: $273,000
Average % of listing price a property sold for: 97% of asking price
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