Brampton Real Estate Statistics

Brampton Real Estate Price Trend
Brampton real estate average sold price in the last 30 days (July 12 - August 10) was $1,020,367, which is $29,963 (2.9 %) lower than the average price of $1,050,330 in the previous 30 day period (June 12 - July 11), and $1,103 (0.1 %) down from the same period 1 year ago ($1,021,470). Brampton real estate prices over the last 30 days are also $134,730 (13.2 %) lower than the average selling price of $1,155,097 over the past year.
Brampton average sold price for homes was $1,117,107 in the last 30 days (July 12 - August 10), which is $51,251 (4.6 %) down from the average home price of $1,168,358 in the previous 30 day period (June 12 - July 11), and $22,840 (2.0 %) lower than the same period 1 year ago ($1,139,947). In the last 30 days Brampton the average home price was $211,724 (19.0 %) lower than the average selling price of $1,328,831 over the last 12 months.
Average Brampton condo sold price over the last 30 days (July 12 - August 10) was $582,179. During this period it was $867 (0.1 %) up from the average price of condo of $581,312 during the previous 30 days (June 12 - July 11), and $30,002 (5.2 %) higher compared to the same period 1 year ago ($552,177). In the last 30 days Brampton the average condo price was $27,007 (4.6 %) lower than the average selling price of $609,186 over the last year.
Average sold price of Brampton townhouse was $818,672 in the last 30 days (July 12 - August 10), down $5,195 (0.6 %) from the average townhome price of $823,867 over the previous 30 days (June 12 - July 11), and $39,476 (4.8 %) higher than during to the same period 1 year ago ($779,196). Over the last 30 days the average townhouse price in Brampton was $56,847 (6.9 %) lower compared to the average selling price of $875,519 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Brampton real estate was $1,020,367 in the last 30 days (July 12 - August 10), which is collectively $26,275 (2.3 %) lower than the average asking price of $1,145,391. This represents a decline of $12,056 (84.8 %) compared to $14,219 (1.3 %) Sold-Under-Asking price from the previous 30 day period (June 12 - July 11).
The maximum Sold Over/Under Asking ratio in Brampton during the last 12 months was recorded in February, 2022 with an average of $191,805 over the asking price, while the minimum occurring in July, 2022 with $25,415 below the asking price.
Sales to New Listings Ratio
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 44.0 % with 438 properties sold and 1,248 new properties listed in the past 30 days (July 12 - August 10). This represents an increase from 42.0 % recorded during the previous 30 day period (June 12 - July 11), and a decrease from 87.3 % compared to the same period one year ago.
Over the the last year the highest SNLR in Brampton was 107.9 % recorded in August and the lowest was in December at 1.2 %. 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 438 properties that were successfully sold in Brampton in the last 30 days (July 12 - August 10) was 16 days, which is 3 days more than 13 days average in the previous 30 day period (June 12 - July 11) and 6 days longer than during the same period a year ago (10 days).
There were 751 delisted properties in Brampton, those that got either Expired, Suspended or Terminated over the last 30 days (July 12 - August 10) with an average of 36 days on the market. This is 6 days longer than the average of 30 days during the previous 30 day period (June 12 - July 11) and 3 days less compared to the same period last year average of 39 days on the market.
751 Brampton properties that didn't sell stayed on the market 125.0 % longer than 438 that sucessfully sold over the last 30 days - 16 days when sold vs 36 days when delisted respectively.
Average Days on the Market in Brampton over the past 12 months for properties that have sold was 14.2 days, with 35.4 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
995 new properties were listed on the market in Brampton in the last 30 days (July 12 - August 10). During the same time 438 properties were sold and 751 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 194 properties (or 19.5 %).
During the previous 30 day period (June 12 - July 11) there were 1,248 new properties listed, 524 sold and 877 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 1,935 new properties listed, the slowest - December with 571 new listings and a yearly average of 1,164 new listings per month.
New Real Estate Listings by Property Type
There were a total of 707 homes listed during the last 30 days (July 12 - August 10), which is 71.1 % of all properties listed in Brampton. This is a 22.0 % decline compared with a previous 30 day period (June 12 - July 11) and 10.7 % down from the same period a year ago. Over the past year an average of 839 homes are were listed per month.
82 condo units were listed in the last 30 days (July 12 - August 10) in Brampton, which represents 8.2 % of all new listings. This is down 18.8 % from the prior 30 day period (June 12 - July 11) and 25.5 % less compared to the same period last year. There were 78 condos listed per month on average during the last 12 months.
206 townhomes were listed over the last 30 days (July 12 - August 10) in Brampton, which is 20.7 % of all new real estate inventory. This is a 14.5 % less than during the previous 30 day period (June 12 - July 11) and 17.9 % decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 247 a month.
Real Estate Sales by Property Type
There were a total of 319 homes sold during the last 30 days (July 12 - August 10), which is 72.8 % of all properties sold in Brampton. This is a 13.1 % decline compared with a previous 30 day period (June 12 - July 11) and 55.3 % down from the same period a year ago. Over the past year an average of 425 homes are were sold per month.
29 condo units were sold in the last 30 days (July 12 - August 10) in Brampton, which represents 6.6 % of all sold properties. This is down 9.4 % from the prior 30 day period (June 12 - July 11) and 52.5 % less compared to the same period last year. There were 44 condos sold per month on average during the last 12 months.
90 townhomes were sold over the last 30 days (July 12 - August 10) in Brampton, which is 20.5 % of all sold real estate. This is a 28.0 % less than during the previous 30 day period (June 12 - July 11) and 61.0 % decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 135 a month.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
117435845