Brantford Real Estate Market Update for October 2022

Hi Everyone,

Here is your Brantford Real Estate Update for October 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.

Brantford

The homes value in Brantford have gone down by an average of 4.86% compared to a year ago, but the values are down more than 34.17% or an average of $224,449 from where the average sale prices were at during the peak of the market back in February. There were also 33.07% fewer sales last month and there are now excellent opportunities for being able to buy the home you want for a great price! Click here to check out the newest listings of homes for sale in Brantford and Brant County.

North End

The average sale price in Brantford’s North End neighbourhoods in September 2022 was $732,452, which is down by 10.20% compared to September 2021. There were 14.29% more new listings in the North End neighbourhoods last month and there were 8.0% fewer sales compared to a year ago.

West Brant

The average sale price in the West Brant area in September 2022 was $755,100, which is up by 4.21% compared to the average sale price in September 2021. There were 12.12% more new listings in West Brant last month but the number of sales dropped considerably with 53.33% 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

The houses for sale in Brantford are still in high demand, especially in certain neighbourhoods and price ranges, but with the additional inventory of homes on the market there are a lot of homes for the Buyers to choose from. In this new market the pricing and marketing for a property is extremely important if you want to maximize the sale price for your home and also have a smooth transaction. Click here to find out what your Brantford home is really worth in the current market. You can check out a few of the things we do to make sure your home will stand out in this crowded marketplace at Summerhays Selling System.

If you're thinking about buying a home or moving up to a larger home there are now several options to choose from. We can help you find your dream home and also negotiate an excellent price for you. Contact us today to get started!   

To schedule a free consultation about buying and/or selling a home in this market just give us a call at 519-802-8770, or fill out the form below.  

Thank you for your time and have a great day!

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