Here is a January 2008 update of Malton real estate activity. (MLS W18)
There are currently 128 (5 less than last year same time) active properties for sale in the Malton W18 area MLS. In the month of January 17 (5 less than last year) are sold. Here is the detail view.
Property Type | Active | Sold | Average Sale Price |
Condo Apartments | 10 | 1 | $142000.00 |
Condo Townhouse | 15 | 3 | $220333.00 |
Detached | 47 | 4 | $246375.00 |
Semi-Detached | 55 | 9 | $265322.00 |
v Semi-Detached house prices are up from $243300 to $265322.
v Detached house prices are down from $274398 to $246375.
v Condo Townhouse prices are up from $184300 to $220333
v Condo Apartments prices are up from $123400 to $142000
By looking at this data from Toronto Real Estate Board it looks like the prices will go higher again for this year. The mortgage rates are quite low and Bank of Canada might cut more rates looks like this is the best time to invest in your own home.
Like always if you are in the market for a new house our team will be able to help you with all your real estate needs like Finding your dream home and negotiating best price for you, Home inspection, Lawyer and Mortgage.
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Mandeep Bhathal
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