Almost a record breaking March! Infact, it was the second busiest March every recorded on the MLS, second only to March 2010.
Average price was up 5% from one year ago. Condos and semi detached homes were the best selling items.
Brampton statistics for March 2011
810 homes sold in Brampton
1,347 new listings came on the market in Brampton
Average price in West Brampton was $354,490
Average price in East Brampton was $378,901
From January 1st,2011 to March 31st, 2011 there have been 1,720 sales in Brampton
Detailed statistics for West Brampton
Detached homes average price: $402,361
Semi detached average price: $320,878
Condo townhouse average price: $273,000
Condo apartment average price: $200,321
Detailed statistics for East Brampton
Detached homes average price: $476,266
Semi detached average price: $341,199
Condo townhouse average price: $206,592
Condo apartment average price: $176,699
If you wish to receive statistics from any previous months you can send me a quick email.
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Number of houses sold in March 2009 = 509
Number of houses sold in March 2008 = 627
Breakdown:
Detacheds = 280
Semi-detacheds = 106
Freehold townhouses = 45
Condo townhouses = 41
Condo apartments = 35
In December and January the Brampton real estate market was down about 52% but in March things seem to have picked a little bit. By no means should this be considered a full recovery but it is a sign of hope.
Consider hiring one of the hardest working Brampton realtors or view the unique process I use to sell Brampton Homes.
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Toronto Real Estate Board Members reported 4,120 sales in February 2009 compared to 6,015 sales recorded in February 2008. The average home price was $361,305 last month compared to $382,048 during the same month last year. “A considerable number of transactions continued to take place in February 2009. Motivated buyers and sellers, who were aware that market conditions changed over the past few months, were able to negotiate transactions acceptable to both parties,” said Toronto Real Estate Board President Maureen O’Neill.
On a month-over-month basis, sales and average price were above January levels of 2,670 and $343,632 respectively. The housing market is seasonal. Traditionally, in the first half of every year, sales and average price climb to their highest levels in late spring before trending lower from July onward. “While the economic downturn has had an impact, the GTA housing market is resting on a solid foundation.
Current home prices and mortgage rates suggest that GTA homes have become more affordable on average,” according to Jason Mercer, TREB’s Senior Manager of Market Analysis. “A greater number of home buyers could take advantage of this affordability once their positioning in the economy becomes more certain.”
Typically the spring real estate market tends to experience more activity and with the Canadian economy experiencing a period of low mortgage rates and strong immigration, this trend could continue. According to Statistics Canada, Canada welcomed 247,202 permanent residents in 2008, 70,000 more than in 1998,and well within the government’s planned range of 240,000 to 265,000 new permanent residents for 2009.
The TREB President pointed out that Greater Toronto REALTORS® are an integral part of the real estate transaction process. “TREB Members are uniquely positioned to help home buyers and sellers adapt to changing market conditions,” added Ms. O’Neill. “In addition, TREB continues to advocate public policies that do not threaten affordability but support home ownership in the GTA such as lower taxation and less regulation.”
If you have Brampton real estate to sell consider using the services of Vic Singh.
Here are the statistics for the Brampton real estate market for February 2009 and how they compared to February 2008.
Total number of houses sold = 350
Total number of houses sold in February 2008 = 555
Breakdown:
Detacheds sold = 206
Semi-detacheds sold = 77
Freehold townhouses = 29
Condo townhouses = 21
Condo apartments =16
Active listings:
Currently there are 1908 houses for sale in Brampton.
Detacheds = 1184
Semi-detacheds = 321
Freehold townhouses = 141
Condo townhouses = 150
Condo apartments = 121
For questions on the Brampton real estate market drop me an email.
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Here are the Brampton real estate stats for January 2009 and how they compared to 2008.
Total number of homes sold in Brampton (Jan 2009) = 244
Breakdown:
Detacheds: 150
Semi-detached: 52
Condo townhouse: 11
Condo apartment: 8
Freehold townhouse: 20
Other: 3
Number of homes sold in January 2008 = 516
To see monthly Brampton real estate statistics from 2008 or the yearly breakdown click here.
If you have Brampton real estate to sell consider using the services of Vic Singh.
Mid-Month January GTA Housing Resales at 888
TORONTO, January 19, 2009
Greater Toronto REALTORS® reported 888 sales during the first half of January compared to 1,776 in the first 15 days of 2008. “According to Statistics Canada the economic situation throughout Canada changed noticeably over the past year with job losses in the fourth quarter of 2008. Toronto is not immune to this, the GTA housing market has been impacted,” according to TREB President Maureen O’Neill.
The average GTA price mid-way through January is $332,495 from $367,574 during the same period in 2008. The median GTA price was $301,000 compared to 316,000 last year. “While sales have declined, listings have remained high. GTA home buyers have benefitted from more choice,” explained Ms. O’Neill. “Historically, increased choice in the marketplace has equated to a moderation in price growth.”
In January 2009, stronger declines in sales and prices were experienced in the City of Toronto. “Sales for January a year ago may have been elevated by the flurry of transactions completed before the city’s land transfer tax went into effect,” added Ms. O’Neill. “The costs of home ownership in the 416 has increased due to the added land transfer tax many home buyers now face in the City of Toronto. Some households considering the purchase of a home in the City have either put their decision on hold or looked elsewhere in the GTA.”
Source: Toronto Real Estate Board
Well 2008 started of with a bang but as we all know the Brampton real estate market has been getting hit very heavily in the past few months. Here are the stats for the Brampton real estate market for December 2008 and monthly breakdown.
Number of houses sold in Brampton in December 2008 = 182
Number of houses sold in Brampton in December 2007 = 359
Hell Ride download Breakdown of Brampton sales:
Detacheds = 102
Semi detacheds = 36
Freehold townhouses = 17
Condo apartments = 12
Condo townhouses = 11
Other =
Monthly stats on the Brampton real estate market:
Month / 2008 sales / 2007 sales
January: 516 / 543
February: 555 / 658
March: 627 / 739
April: 845 / 887
May: 876 / 981
June: 757 / 870
July: 716 / 841
August: 599 / 744
September: 590 / 630
October: 453 / 601
November: 323 / 573
December: 182 / 359
For questions on the Brampton real estate market drop me an email. If you are thinking of selling your house please see my article “1% for MLS”.
