February 2009
The real estate market in Brampton saw a noticeable increase in activity last month. What’s interesting is that average sale prices for homes in the W23 district (west of Highway 410) went up and the time it took to sell a home dropped from 49 days to 40. In contrast, W24 (east of Highway 410) saw little change from the previous month.
In February of 2009, Brampton had 1,895 active listings on the market, 986 of which were new listings. There were 372 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: $300,643
Median sale price: $287,250
Average number of days it took to sell a property: 40 days
Average % of listing price a property sold for: 97% of asking price
Detached Homes
Number of properties sold: 136
Average sale price: $330,694
Median sale price: $318,000
Average % of listing price a property sold for: 96% of asking price
Semi-Detached Homes
Number of properties sold: 49
Average sale price: $268,890
Median sale price: $268,000
Average % of listing price a property sold for: 97% of asking price
Condo Apartment
Number of properties sold: 5
Average sale price: $180,600
Median sale price: $180,000
Average % of listing price a property sold for: 95% of asking price
Condo Townhouse
Number of properties sold: 14
Average sale price: $232,139
Median sale price: $240,000
Average % of listing price a property sold for: 98% of asking price
Attached/Row/Townhouse
Number of properties sold: 19
Average sale price: $251,637
Median sale price: $245,000
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: $314,949
Median sale price: $311,000
Average number of days it took to sell a property: 43 days
Average % of listing price a property sold for: 96% of asking price
Detached Homes
Number of properties sold: 85
Average sale price: $370,333
Median sale price: $372,000
Average % of listing price a property sold for: 95% of asking price
Semi-Detached Homes
Number of properties sold: 30
Average sale price: $284,517
Median sale price: $277,500
Average % of listing price a property sold for: 96% of asking price
Condo Apartment
Number of properties sold: 12
Average sale price: $146,442
Median sale price: $147,950
Average % of listing price a property sold for: 98% of asking price
Condo Townhouse
Number of properties sold: 9
Average sale price: $190,333
Median sale price: $180,000
Average % of listing price a property sold for: 96% of asking price
Attached/Row/Townhouse
Number of properties sold: 12
Average sale price: $260,700
Median sale price: $277,500
Average % of listing price a property sold for: 96% of asking price
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