The real estate market in Bradford West Gwillimbury for all property types saw a slight decrease in average sale price from $1,092,894 in October to $1,057,134 in November. However, when compared to the same month last year, there has been a 0.07% increase in average sale price. The number of properties sold also decreased from 55 in October to 38 in November, indicating a decrease in sales volume. The average days on market remained consistent at 33 days, suggesting properties are selling at a similar pace as the previous month.

The sales price to list price ratio remained stable at 98%, indicating that properties are still selling close to their asking price. The benchmark price for all property types in Bradford West Gwillimbury is $1,110,500, showing a slight decrease of 0.44% from the previous month. The market continues to show a balanced trend with a months of inventory of 3.18, indicating a healthy balance between supply and demand. Overall, while there has been a slight decrease in average sale price and sales volume from the previous month, the market remains stable with properties selling relatively quickly and close to their asking price.

Read the full article on: Toronto Regional Real Estate Board