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The June 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 $928,359, that is a decrease of 6.06%.
– There were 454 sales in the month of June which is a 15.3% down over the year-to-date number of sales.
– The average days on the market (year to date) is 28 days.
– The total active number of residential listings slightly decreased by 2.27%) in June 2018 to 302 listings.
– The total number of properties sold in June 2018 was 89.
The number of homes sold in June 2018 decreased by 7 homes or 8.54% compared to June 2017. The average days on the market increased from 17 to 24 days. Average sale prices were 12.28%. Refer to the Sales Comparisons section on the infographic above.
There is currently 3 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.
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If you are thinking of buying or selling in Caledon or surrounding area, contact me today.
Not intended to solicit properties currently listed for sale or buyers under contract.