Brampton Real Estate Statistics for August, 2010
Brampton residential real estate sales for August, 2010 dropped by $34.21 billion compared to recorded sales of the same month, last year, data from the Brampton Real Estate Board shows.
BREB market statistics showed that for August, 2010, active listings for area W23, Brampton totaled to 885, while acting listings for area W24 Brampton totaled to 647. Of these listings, 992 were new, and sales volume was reported at $196.91 billion for both areas. The average price per home for W23 is $341,480 and for W24 it’s at $357,156. Average Days On Market (DOM) was 29 and 30 days, respectively.
In comparison to BREB data for August, 2009, area listings for W23 were 824, and 598 for W24. Of these, 706 were new listings. Combined sales volume for both areas was at $231.12 billion. Average price per home for W23 was $330,663 while it was at $323,061 for W24. Average DOM was 27 and 31 days respectively.
A Year-to-Date comparative data is found below:
Year-to-Date: August, 2010
| Area |
Location |
Listed |
Sales |
$ Volume |
Avg Price |
Med Price |
Avg DOM |
Avg % list |
| W23 |
Brampton |
6,093 |
3,285 |
$1,134,852,254 |
$345,465 |
$333,000 |
22 |
98 |
| W4 |
Brampton |
4,486 |
2,457 |
$885,610,824 |
$360,444 |
$345,000 |
23 |
98 |
(Source: BREB)
Year-to-Date: August, 2009
| Area |
Location |
Listed |
Sales |
$ Volume |
Avg Price |
Med Price |
Avg DOM |
Avg % List |
| W3 |
Brampton |
5,189 |
2,999 |
$946,105,563 |
$315,474 |
$302,000 |
33 |
97 |
| W4 |
Brampton |
3,743 |
2,038 |
$666,497,646 |
$327,035 |
$312,750 |
36 |
97 |
(Source: BREB)
Meanwhile, the City of Brampton, under its Economic Indicators report showed an increase in average home prices. It quoted the Canada Mortgage and Housing Corporation and the Toronto Real Estate Board for its report. New home prices for single-detached were at $471,274 (Aug., 2010) and $468,030 (Aug. 2009); Resale prices for single detached were at $417,212 (Aug., 2010) and $378,206 (Aug., 2009). It quoted average home prices (resale) at $352,955 (Aug., 2010) and $321,255 (Aug. 2009)
The same Economic indicators report also showed an increase in resale activities on residential properties for the same period: detached- 3,335 (Aug.2010) and 3, 069 (Aug.2009); semi-detached 1,231 (Aug., 2010) and 1,066 (Aug. 2009); condominiums and apartment – 307 (Aug., 2010) and 260 (Aug.2009); townhouse – 546 (Aug. 2010) and 421 (Aug., 2009).*
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