Brantford Real Estate Update for December 2021
***PLEASE WATCH THE VIDEO ABOVE***
Here is your Brantford Real Estate Update for December 2021 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.
The average sale price for a detached single-family home for all areas of Brantford in November 2021 was $764,643 which is up by 36.98% or a $206,419 increase in home values in Brantford compared to the average sale price of $558,224 in November 2020.
The average sale price in Brantford’s North End neighbourhoods in November 2021 was $827,044 which is up by 32.78% or $204,157 compared to the average sale price of $622,887 in November 2020. The new listings in the North End neighbourhoods last month were in very high demand.
The average sale price in the West Brant area in November 2021 was $869,500, which is up by 30.61% or $203,791 compared to the average sale price of $665,709 in November 2020. There were 16% fewer new listings in West Brant last month compared to a year ago.
Call or Text The Terry Summerhays Team today at 519-802-8770 to Sell Your Home for More Money!
Terry's Take on the Brantford Real Estate Market
The number of houses for sale in Brantford last month was significantly lower than previous years as we are experiencing a super low inventory of homes available for sale in Brantford right now. With the high level of competition for these homes I am finding that the Buyers are being a lot more aggressive with their Offers and we are seeing some crazy sale prices lately. The average sale price in Brantford has gone up by more than $200,000 over the past year! If you've been thining about downsizing then right now might be the time to "cash-in" so you can take advantage of this hot market, or if you would like to move-up to a larger home or move to a different neighbourhood then you may now have the additional equity in your current home to be able to do so.
Our Seller clients have been able to really take advantage of this strong Seller's market due to the additional exposure we're able to get for their homes thanks to our proven Summerhays Selling System which has resulted in our clients receiving much higher sale prices for their homes! As of the time of writing this post, the residential houses sold in Brantford in 2021 have averaged a sale price that is 11.1% above the asking price. However, the residential houses sold by The Terry Summerhays Team in 2021 have averaged a sale price that is 27.5% above the asking price, which is 16.4% higher than all other residential homes sold in Brantford. That's a lot of extra money for our clients! Click Here or Call 519-802-8770 to learn more about our Summerhays Selling System and why we have proven year after year to be able to sell your Brantford or Brant County home faster, easier, and for a lot more money!
Thank you for your time and have a great day!
*Based on the sales of residential houses in Brantford in 2021.