[special_heading title=”” subtitle=”Source: Toronto Real Estate Board”]

Number of sales in August in Brampton

Detached homes in 2017: 286
Detached homes in 2018: 377

Semi-detached homes in 2017: 136
Semi-detached homes in 2018: 110

Freehold townhomes in 2017: 98
Freehold townhomes in 2018: 96

Condo townhomes in 2017: 60
Condo townhomes in 2018: 34

Condo apartments in 2017: 42
Condo apartments in 2018: 51

Total number of sales in August of 2017: 625
Total number of sales in August of 2018: 671

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August average home prices in Brampton

Detached homes in 2017: 766,831
Detached homes in 2018: 826,841

Semi-detached homes in 2017: 618,613
Semi-detached homes in 2018: 638,243

Freehold townhomes in 2017: 572,520
Freehold townhomes in 2018: 605,477

Condo townhomes in 2017: $448,625
Condo townhomes in 2018: $473,502

Condo apartments in 2017: $349,242
Condo apartments in 2018: $356,951

Overall average prices in August of 2017: $644,841
Overall average prices in August of 2018: $826,841

2018 Breakdown of average prices in Brampton (June / July / August)

Detached homes in Brampton: $814,711 / $818,114 / $826,814
Semi-detached homes in Brampton: $637,616 / $648,970 / $638,243
Condo townhomes in Brampton: $486,407 / $476,044 / $473,502
Condo apartments in Brampton: $359,699 / $370,986 / $356,951
Freehold townhomes in Brampton: $608,600 / $588,606 / $605,477

In summary

  • Market is starting to rebound. Spring of 2017 was the craziest market in a long time! Everything was getting multiple offers. Then it took a big dive in the Fall of 2017. If you look at the charts now, you’ll notice number of sales and overall activity is up from last year.
  • This is actually a good market for buyers. You don’t have to worry about going to see a house and by the time you get there it has 5 offers on it. Now buyers can shop around a little bit and actually negotiate a bit on the listing price

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