We're UP for the 4th month in a row. The average selling price last month was $1,088,311 - OVER 5% INCREASE over March. Doesn't seem like prices will slip backwards anytime soon, so those sitting on the fence take note and decide when is the right time to make an offer.
Brampton REALTORS® reported
660 sales through TRREB’s MLS® System in April 2023.
974 new listings - up on a month-over-month basis, but not by much.
The average and median sale price for all home types combined is up.
Average sale to listing price is at 103%
9Average days on the market is only 13 days!!!
= Only about 1 months worth of inventory
As our GTA Market Report signaled...the limited inventory of homes available for resale is causing a surge in demand, resulting in competition amongst buyers. This means good news for sellers with the fewer days required to sell and often above asking prices.
On the fence about selling? Talk to us, we'll help figure out when the right time to make the move into the market could be for you.
CONNECT WITH US TODAY
416-236-1871 (24hr pager)