News

Volume Down, Prices Up

May 26th, 2011

The spring real estate market in urban Milton has been interesting to say the least.

Here are some statistics for you.

2010 – 60 day period (April and May)

• Resale Homes Sold = 420
• Average Sale Price = $391,082.00
• Average Days On Market (includes conditional period) = 16

2011 – 60 day period (April and May)

• Resale Homes Sold = 387 (Down 8% over same period in 2010)
• Average Sale Price = $410,307.00 (Up 5% over same period in 2010)
• Average Days On Market (includes conditional period) = 18

Stats were compiled from the Oakville, Milton and District Real Estate Board.

Posted in Buying, Selling