Brantford Real Estate Update for June 2021

 

Hi Everyone,

***PLEASE WATCH THE VIDEO ABOVE***

Here is your Brantford Real Estate Update for June 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. 

 

Brantford

The average sale price for a detached single-family home for all areas of Brantford in May 2021 was $684,625, which is up by 48.66% or a $224,084 increase in home values in Brantford compared to the average sale price of $460,541 in May 2020. There were almost twice as many or 104 more new listings that came on the market last month compared to a year ago, but there were also  87 more sales than last year.

North End

The average sale price in Brantford’s North End neighbourhoods in May 2021 was $730,902 which is up 44.62% or $225,497 compared to the average sale price of $505,405 in May 2020. There were 20 more new listings in the North End last month compared to a year ago, but there were also more than double the number of sales versus last year. 

West Brant

The average sale price in the West Brant area in May 2021 was $770,548, which is up by 38.15% or $212,776 compared to the average sale price of $557,772 in May 2020. There were 22 more new listings in West Brant last month compared to a year ago, but there were also almost 4 times more sales than last year.

Terry's Take on the Brantford Real Estate Market

The Brantford real estate market had another strong month despite all the additional inventory that came onto the market. There were almost double the number of new listings in Brantford compared to a year ago and the Buyers are being spread out over the additional inventory with the homes in Brantford receiving fewer offers than a few months ago. However, most homes are still getting multiple offers and selling for well above their asking prices. The demand for the houses for sale in Brantford has been strong enough to sustain the increased inventory and the average sale price is 48.66% higher than it was a year ago.

Our clients have been able to really capitalize on this strong Seller's market with the additional exposure we've been getting for their homes thanks to our proven and aggressive Summerhays Selling System which has resulted in our clients receiving more offers for their homes and hence a much higher sale price! So far this year the homes listed with The Terry Summerhays Team have averaged a sale price that is 8.9% higher than the other listings 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 more money! *Ask us to show you the stats to prove it!

If you would like a CRAZY offer on your home please fill out the form below.

Thank you for your time and have a great day!

Terry

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Phone(519) 802-8770

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Address The Terry Summerhays Team
The Terry Summerhays Team at Re/Max Twin City Realty
515 Park Road North
Brantford, ON N3R 7K8

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