Special offer

January update of Brampton Ontario real estate activity W24

By
Real Estate Agent with Kingsway Real Estate., Brokerage

Here is a January update of Brampton Ontario real estate activity.

(TREB area# W24)

There was 733 (compared to 667 last year same time) active properties for sale in the Brampton W24 area MLS. In the month of January 200 (199 last year) are sold. Here is the detail view.

Property Type

Active

Sold

Average Sale Price

Condo Apartments

89

24

$162042.00

Condo Townhouse

50

12

$194277.00

Detached

459

92

$398931.00

Semi-Detached

101

43

$287970.00

- Semi-Detached house prices are up from $274638 to $287970.

- Detached house prices are up from $384079 to $398931.

- Condo Townhouse prices are up from $185960 to $194277

- Condo Apartments prices are down from $163632 to $162042

 

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 house in Malton, Brampton, Springdale, Castlemore, Mississauga or any other part of the GTA, 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.

Thinking of Buying?

View our listings in Greater Toronto Area

I AM AT YOUR SERVICE! 

Mandeep Bhathal

Call me today at 647-998-8719 or e-mail at mbhathal@gmail.com

Find my website at http://www.luckyhome4u.com/

 

Sandi Gerrard
Toronto, ON
Thank you for this information - it is very useful to me from a business standpoint, as well as knowing what my own condo townhouse might be worth.
Feb 01, 2008 03:09 AM