BWG Market Watch November 2010

BRADFORD WEST GWILLIMBURY MARKET WATCH

Greater Toronto REALTORS® reported 28 sales in Bradford West Gwillimbury [N18] through the Multiple Listing Service® (MLS®) in November 2010.  This represents a 20 percent decrease compared to the 35 sales recorded in November 2009.  However, the average price of homes sold was $334,268 for this month which is a 1.8 percent increase from November 2009’s average price of $328,410.  As shown in Figure 1, Active and New Listings have also increased this November compared to last November.

Figure 1: Bradford West Gwillimbury Housing Market Comparison
November 2009 November 2010 % CHANGE
Active Listings 109 125 +14.7%
New Listings 38 44 +15.8%
Sales 35 28 -20.0%
Days on the Market (Avg.) 51 64 +26.0%
Sold Avg. % of List Price 97 97 No Change

Last Month the average price of a home in Bradford West Gwillimbury Sold for $359,534 while this month the average price is 334,268 which represents a decrease of 7%.

Figure 2 shows data derived from the MLS indicating that the majority of single-family homes sold this month in Bradford were Detached Houses.


Note: Information used is based on the Toronto Real Estate Board Market Watch for November 2009, 2010 derived from the MLS. It does not include Builder’s New Home Sales (unless sold thorough the MLS).

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