Real Estate Market Report for Brampton, ON - SarnailSarnail
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Real Estate Market Report for Brampton, ON

Posted by admin on July 14, 2016
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Brampton homes for sale are watching an extremely active market right now with plenty of buyers as well as sellers. We’re currently seeing houses go for an average of 99% of their asking price with very short average days on market. How big are the houses being sold in Brampton? This month there are 3 one bedroom 6 two bedroom 236 three bedroom 151 four bedroom 13 five bedroom homes on the market. We’re seeing a much stronger market this year than we were last year June 2016.

 In March 2015, Brampton had 1,310 new listings on the market out of which 805 active listings and had 824 homes sold for the month of March. The housing market in Brampton looks quite promising by watching the trend.

Data image courtesy canadianrealestatemagazine

Is it the good time to buy or sell?

Now the question is that is it a good time to buy and sell real estate in Brampton? Buyers would want to get into their new home before the prices continue to rise, as they look like they are. Sellers, on the other hand, would definitely want to consider putting their home up for sale as soon as possible especially after this month’s list to sale ratio at a whopping 100% average. At the same time, you need to consider your budget for a detached home in Brampton. As you review the data above, an average 3 bedroom house in Brampton cost around $500,000 for a noble family of a couple with 2 kids.

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