Milton Real Estate
Average Home Price for Milton and Greater Toronto Area increase by 8.5 Percent in Aprl, 2012
The statistics for month of April 2012 clearly indicate the real estate makret continued to grow Milton and the Greater Toronto Area as the realtors reported 10,350 transactions through the Toronto MLS system. Compare to last April, the sales level was up by 18 percent.
The single detached home segment showed the strongest sales growth as the inventory of this type of real estate did not meet the demand from the buyers. The monthly mortgage payments also remained very affordable for the buyers in Milton and the Greater Toronto Area. In Milton freehold townhomes was the second highest category of real estate that sold last month.
| Property Type |
Total # Sold |
Average Sale Price |
Median Sale Price |
Average SP/LP |
Average DOM |
| Detached |
105 |
$550,554 |
$530,000 |
99% |
17 |
| Semis |
32 |
$397,806 |
$405,000 |
100% |
15 |
| Freehold Townhomes |
62 |
$365,428 |
$371,000 |
100% |
10 |
| Links |
1 |
$425,000 |
$425,000 |
99% |
24 |
| Condo Townhouses |
4 |
$271,625 |
$250,750 |
98% |
17 |
| Condominium Apartments |
2 |
$280,750 |
$280,750 |
99% |
33 |
Buyers Beautiful new Condominium Apartments in the Dempsey and Clarke neighbourhood of Milton are available for a private viewing. Mortgage rates are still affordable whether you're a first time buyer or looking to purchase a larger home. Milton offers newer homes as well as established neighbourhoods. For new listings of condominium apartments please Click Here:
For new listings of detached, semis, townhouses, condo townhomes, condominiums in Milton please Click Here:
Click Here to find all the luxury and your dream homes in the neighbouring Milton area. For your private viewing or a Complimentary Market Evaluation of your home call Sue Sharma, Royal Lepage Realty Plus 416-818-5645 or e-mail suesharma@royallepage.ca for a no-obligation discussion.