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The August 2018 Housing Market Statistics for Caledon, Ontario have been published. The statistics are compiled from data posted on the Toronto Real Estate Board.
Here are a few highlights from the analysis:
– The average sale price (year to date) is $916,836, that is a decrease of 6.04%.
– There were 65 properties sold in the month of August with a year to date total of 588 which is a decrease of 8.84% year to date.
– The average days on the market (year to date) is 30 days.
– The total active number of residential listings was 293 which is a slight increase of 10.98% in August 2018.
The number of homes sold in August 2018 increased by 16 homes or 32.65% compared to August 2017. The average days on the market increased from 29 to 34 days. Average sale prices were down by 4.08%. Refer to the Sales Comparisons section on the infographic above.
There is currently 5 months of inventory on the market in Caledon. In a buyers market, there is normally more than 6 months of inventory. Refer to the Market Trend section on the infographic above.
Source: The statistics are compiled from data posted on the Toronto real estate board.
View historical data for:
If you are thinking of buying or selling in Caledon or surrounding area, contact us today.
Jeff Belisowski | Sales Representative
Office: 905-857-0651 | Cell: 647-992-6262
Not intended to solicit properties currently listed for sale or buyers under contract.