Here we go, its time for the weekly milton ontario real estate update, brought to you by the fine folks at AllMiltonHomes.com. Okay, you busted me – that’s my real estate site! But, I like to think I’m fine folk – my mummy tells me I am, and she would never lie to me.
So, what’s happening in the market? Not much is different from last week, other than the number of available properties is down, the number of sales is down, and the days on market is really low, at 19 days. Oh wait, that’s not really any different from last week, is it?
In the chart below, you’ll see that the actual average days to sell a home in milton ontario is sitting at 55, so now, maybe, you’re wondering why I said it is 19. That would be because there was one house that was on the market for almost 16 months, and removing it from the calculation brings the number down by 66%! Wow, that would really suck, wouldn’t it! I think they must have been incredibly over-priced when they were on the market for the first 14 months, because they brought the price down by about $70,000 in total.
Heres the Milton Ontario Weekly Total Market Overview:
And in the Annual Summary, youll see that trends are continuing . Wonder what the Fall will bring?
And finally, the chart of properties sold and properties available, tracked on a weekly basis since last September.
I’d really love to see your comments on this wild and whacky market, whether you are planning to enter it or not, and any other thoughts you’d like to share – the comment link is right below.
