Brampton Real Estate Statistics

Brampton Real Estate Price Trend
Brampton real estate average sold price in the last 30 days (July 2 - July 31) was $992,324, which is $2,197 (0.2 %) lower than the average price of $994,521 in the previous 30 day period (June 2 - July 1), and $144,742 (14.6 %) up from the same period 1 year ago ($847,582). Brampton real estate prices over the last 30 days are also $57,269 (5.8 %) higher than the average selling price of $935,055 over the past year.
Brampton average sold price for homes was $1,118,651 in the last 30 days (July 2 - July 31), which is $16,706 (1.5 %) up from the average home price of $1,101,945 in the previous 30 day period (June 2 - July 1), and $202,416 (18.1 %) higher than the same period 1 year ago ($916,235). In the last 30 days Brampton the average home price was $87,197 (7.8 %) higher than the average selling price of $1,031,454 over the last 12 months.
Average Brampton condo sold price over the last 30 days (July 2 - July 31) was $541,385. During this period it was $12,273 (2.3 %) down from the average price of condo of $553,658 during the previous 30 days (June 2 - July 1), and $66,763 (12.3 %) higher compared to the same period 1 year ago ($474,622). In the last 30 days Brampton the average condo price was $38,681 (7.1 %) higher than the average selling price of $502,704 over the last year.
Average sold price of Brampton townhouse was $765,802 in the last 30 days (July 2 - July 31), down $7,476 (1.0 %) from the average townhome price of $773,278 over the previous 30 days (June 2 - July 1), and $100,216 (13.1 %) higher than during to the same period 1 year ago ($665,586). Over the last 30 days the average townhouse price in Brampton was $35,608 (4.6 %) higher compared to the average selling price of $730,194 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Brampton real estate was $992,324 in the last 30 days (July 2 - July 31), which is collectively $24,992 (2.5 %) higher than the average asking price of $1,018,686. This represents a decline of $2,459 (9.0 %) compared to $27,451 (2.7 %) Sold-Over-Asking price from the previous 30 day period (June 2 - July 1).
The maximum Sold Over/Under Asking ratio in Brampton during the last 12 months was recorded in February, 2021 with an average of $59,514 over the asking price, while the minimum occurring in September, 2020 with $3,251 above 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 116.8 % with 1,008 properties sold and 1,191 new properties listed in the past 30 days (July 2 - July 31). This represents an increase from 93.8 % recorded during the previous 30 day period (June 2 - July 1), and an increase from 62.6 % compared to the same period one year ago.
Over the the last year the highest SNLR in Brampton was 145.2 % recorded in December and the lowest was in April at 66.0 %. 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 1,008 properties that were successfully sold in Brampton in the last 30 days (July 2 - July 31) was 11 days, which is 1 days more than 10 days average in the previous 30 day period (June 2 - July 1) and 2 days shorter than during the same period a year ago (13 days).
There were 344 delisted properties in Brampton, those that got either Expired, Suspended or Terminated over the last 30 days (July 2 - July 31) with an average of 34 days on the market. This is 10 days longer than the average of 24 days during the previous 30 day period (June 2 - July 1) and 8 days more compared to the same period last year average of 26 days on the market.
344 Brampton properties that didn't sell stayed on the market 209.1 % longer than 1,008 that sucessfully sold over the last 30 days - 11 days when sold vs 34 days when delisted respectively.
Average Days on the Market in Brampton over the past 12 months for properties that have sold was 10.7 days, with 27.4 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
863 new properties were listed on the market in Brampton in the last 30 days (July 2 - July 31). During the same time 1,008 properties were sold and 344 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 489 properties (or 56.7 %).
During the previous 30 day period (June 2 - July 1) there were 1,191 new properties listed, 1,117 sold and 589 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 2,240 new properties listed, the slowest - December with 535 new listings and a yearly average of 1,400 new listings per month.
New Real Estate Listings by Property Type
There were a total of 582 homes listed during the last 30 days (July 2 - July 31), which is 67.4 % of all properties listed in Brampton. This is a 30.0 % decline compared with a previous 30 day period (June 2 - July 1) and 54.8 % down from the same period a year ago. Over the past year an average of 1,011 homes are were listed per month.
90 condo units were listed in the last 30 days (July 2 - July 31) in Brampton, which represents 10.4 % of all new listings. This is up 12.5 % from the prior 30 day period (June 2 - July 1) and 35.3 % less compared to the same period last year. There were 89 condos listed per month on average during the last 12 months.
191 townhomes were listed over the last 30 days (July 2 - July 31) in Brampton, which is 22.1 % of all new real estate inventory. This is a 31.8 % less than during the previous 30 day period (June 2 - July 1) and 48.5 % decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 299 a month.
Real Estate Sales by Property Type
There were a total of 691 homes sold during the last 30 days (July 2 - July 31), which is 68.6 % of all properties sold in Brampton. This is a 12.5 % decline compared with a previous 30 day period (June 2 - July 1) and 19.5 % down from the same period a year ago. Over the past year an average of 826 homes are were sold per month.
69 condo units were sold in the last 30 days (July 2 - July 31) in Brampton, which represents 6.8 % of all sold properties. This is up 21.1 % from the prior 30 day period (June 2 - July 1) and 27.8 % more compared to the same period last year. There were 64 condos sold per month on average during the last 12 months.
248 townhomes were sold over the last 30 days (July 2 - July 31) in Brampton, which is 24.6 % of all sold real estate. This is a 8.1 % less than during the previous 30 day period (June 2 - July 1) and 16.4 % increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 246 a month.
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