Brantford Real Estate Market Update for November 2022
Here is your Brantford Real Estate Update for November 2022 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. *FYI: There aren't enough sales in each of the other individual neighbourhoods in Brantford to be able to provide information that would be a true reflection of what is happening in those neighbourhoods.
The sale price for a detached single family home in Brantford has gone down by an average of 10.22% compared to a year ago. There were also 56.49% fewer sales last month due in large part to the rising interest rates that are pushing Buyers out of the market. 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 October 2022 was $673,182, which is down by 12.40% compared to October 2021. There were 34.29% less new listings in the North End neighbourhoods last month and the number of sales dropped considerably with 59.26% fewer sales compared to a year ago.
The average sale price in the West Brant area in October 2022 was $756,160, which is down 8.93% compared to the average sale price in October 2021. There were 13.04% more new listings in West Brant last month but there were 48.28% fewer sales compared to a year ago.
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