Brantford Real Estate Market Update for March 2023
Posted by Terry Summerhays on Saturday, March 4, 2023 at 12:06 PM By Terry Summerhays / March 4, 2023 Comment
***Watch the Video Above***
Here is your Brantford Real Estate Update for March 2023 with the statistics from last month for the detached residential homes in the City of Brantford, the North End neighbourhoods, and the West Brant area.
*Keep in mind there aren't enough sales in each of the other neighbourhoods in Brantford to be able to provide information that would be a true reflection of what is really happening in those neighbourhoods.
The sale price for a detached single family home in Brantford has gone down by an average of 26.72% compared to a year ago. There were also 46.48% fewer sales in Brantford last month, and the average days on the market for the homes that were actually sold has gone from 7 days to 28 days. There are excellent opportunities for buying a home in Brantford and the surroudning areas. Click here to check out the newest listings of homes for sale in Brantford and Brant County.
The average sale price in Brantford’s North End neighbourhoods in February 2023 was $650,206, which is down by 31.82% compared to February 2022. There were 25.81% fewer new listings in the North End neighbourhoods last month and the number of sales in the North End areas were down by 30.43% compared to a year ago.
The average sale price in the West Brant area in February 2023 was $1,080,917, which is down by 32.89% compared to the average sale price in February 2022. There were only 7.89% more new listings in West Brant last month versus a year ago and there were 36.67% fewer sales in the West Brant area.
Call The Terry Summerhays Team today at 519-802-8770 for a Free Home Valuation and Tips on How to Take Advantage of this Market!
Terry's Take on the Brantford Real Estate Market
Post a Comment