Brampton and Malton Market update March 2011
Greater Toronto Realtors reported 9,262 transactions through the TorontoMLS® system in March 2011, representing the second best March result on record. The number of transactions was 11 per cent lower than the record result reported in March 2010.
In Brampton West W23 there was 679 active listing and 466 got sold with average price of $354,490 and for only 20 average numbers of days on the market.
Brampton East W24 there was 566 active listing and 334 got sold with average price of $ 378,901 and for only 19 average numbers of days on the market.
Malton W18 there was 97 active listing and 46 got sold with average price of $ 293,834 and for only 30 average numbers of days on the market
"The strong home sales reported in March and throughout the first quarter of 2011 have been based on a solid affordability picture and improving economic conditions in the GTA and country-wide," said Toronto Real Estate Board (TREB) President Bill Johnston