Brampton Real Estate Statistics

Brampton real estate average sold price in the last 30 days (March 26 - April 24) was $1,010,074, which is $21,760 (2.2%) lower than the average price of $1,031,834 in the previous 30 day period (February 25 - March 25), and $72,440 (7.2%) down from the same period 1 year ago ($1,082,514). Brampton real estate prices over the last 30 days are also $12,873 (1.3%) lower than the average selling price of $1,022,947 over the past year.

Brampton average sold price for homes was $1,109,640 in the last 30 days (March 26 - April 24), which is $37,582 (3.4%) down from the average home price of $1,147,222 in the previous 30 day period (February 25 - March 25), and $87,269 (7.9%) lower than the same period 1 year ago ($1,196,909). In the last 30 days Brampton the average home price was $20,501 (1.8%) lower than the average selling price of $1,130,141 over the last 12 months.

Average Brampton condo sold price over the last 30 days (March 26 - April 24) was $522,316. During this period it was $83,926 (16.1%) down from the average price of condo of $606,242 during the previous 30 days (February 25 - March 25), and $50,681 (9.7%) lower compared to the same period 1 year ago ($572,997). In the last 30 days Brampton the average condo price was $60,191 (11.5%) lower than the average selling price of $582,507 over the last year.

Average sold price of Brampton townhouse was $825,908 in the last 30 days (March 26 - April 24), down $16,354 (2.0%) from the average townhome price of $842,262 over the previous 30 days (February 25 - March 25), and $21,223 (2.6%) lower than during to the same period 1 year ago ($847,131). Over the last 30 days the average townhouse price in Brampton was $9,656 (1.2%) higher compared to the average selling price of $816,252 over the last 12 months.

Average selling price for Brampton real estate was $1,010,074 in the last 30 days (March 26 - April 24), which is collectively $4,349 (0.4%) lower than the average asking price of $1,089,874. This represents a decline of $4,214 (3,121.5%) compared to $135 (0.0%) Sold-Under-Asking price from the previous 30 day period (February 25 - March 25).

The maximum Sold Over/Under Asking ratio in Brampton during the last 12 months was recorded in May, 2023 with an average of $44,551 over the asking price, while the minimum occurring in December, 2023 with $28,462 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Brampton was 52.9% with 665 properties sold and 1,064 new properties listed in the past 30 days (March 26 - April 24). This represents an increase from 52.3% recorded during the previous 30 day period (February 25 - March 25), and a decrease from 77.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Brampton was 92.6% recorded in December and the lowest was in September at 35.6%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 665 properties that were successfully sold in Brampton in the last 30 days (March 26 - April 24) was 19 days, which is 4 days more than 15 days average in the previous 30 day period (February 25 - March 25) and 5 days longer than during the same period a year ago (14 days).

There were 687 delisted properties in Brampton, those that got either Expired, Suspended or Terminated over the last 30 days (March 26 - April 24) with an average of 38 days on the market. This is 10 days shorter than the average of 48 days during the previous 30 day period (February 25 - March 25) and 4 days less compared to the same period last year average of 42 days on the market.

687 Brampton properties that didn't sell stayed on the market 100.0% longer than 665 that sucessfully sold over the last 30 days - 19 days when sold vs 38 days when delisted respectively.

Average Days on the Market in Brampton over the past 12 months for properties that have sold was 19.1 days, with 43.2 days for those properties that did not sell.

1,258 new properties were listed on the market in Brampton in the last 30 days (March 26 - April 24). During the same time 665 properties were sold and 687 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 94 properties (or 7.5%).

During the previous 30 day period (February 25 - March 25) there were 1,064 new properties listed, 556 sold and 458 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was June with 1,524 new properties listed, the slowest - December with 349 new listings and a yearly average of 1,016 new listings per month.

There were a total of 910 homes listed during the last 30 days (March 26 - April 24), which is 72.3% of all properties listed in Brampton. This is a 23.6% increase compared with a previous 30 day period (February 25 - March 25) and 41.3% up from the same period a year ago. Over the past year an average of 722 homes are were listed per month.

93 condo units were listed in the last 30 days (March 26 - April 24) in Brampton, which represents 7.4% of all new listings. This is down 7.0% from the prior 30 day period (February 25 - March 25) and 19.2% more compared to the same period last year. There were 82 condos listed per month on average during the last 12 months.

255 townhomes were listed over the last 30 days (March 26 - April 24) in Brampton, which is 20.3% of all new real estate inventory. This is a 11.8% more than during the previous 30 day period (February 25 - March 25) and 36.4% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 213 a month.

There were a total of 483 homes sold during the last 30 days (March 26 - April 24), which is 72.6% of all properties sold in Brampton. This is a 26.4% increase compared with a previous 30 day period (February 25 - March 25) and 4.5% down from the same period a year ago. Over the past year an average of 380 homes are were sold per month.

48 condo units were sold in the last 30 days (March 26 - April 24) in Brampton, which represents 7.2% of all sold properties. This is up 2.1% from the prior 30 day period (February 25 - March 25) and 14.3% more compared to the same period last year. There were 39 condos sold per month on average during the last 12 months.

134 townhomes were sold over the last 30 days (March 26 - April 24) in Brampton, which is 20.2% of all sold real estate. This is a 5.5% more than during the previous 30 day period (February 25 - March 25) and 13.5% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 115 a month.