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March 2019 Milton Market Data | The Amy Flowers Team

Monday, April 1, 2019   /   by Zoethout Alisha

March 2019 Milton Market Data | The Amy Flowers Team

It’s here, the most comprehensive Real Estate Market Data report for March 2019 for the Town of Milton.

There were 194 residential sales here in Milton for March 2019 representing a 35% increase in volume when compared to February 2019. The average sale price of $717,432  up 3% when compared to the figure a year ago and on par from the previous month.

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Sales to new listing ratio

A real estate market never heads in just one direction. Several key factors can drastically influence the direction of the market including mortgage interest rates, employment levels/growth, investment growth, immigration and development. These factors can influence whether we are it is a buyer’s market or a seller’s market.

A buyer’s market exists when there significantly more homes for sale than there are buyers. The typical end results a drop in median sale prices over time as home owners adjust their expectations to the current market conditions.

A sellers market typically exists when interest rates are low are there are plenty of qualified buyers and not as many homes for sale. Buyers must react quickly and often face multiple offer situations. Prices generally rise under these circumstances.

Royal LePage Meadowtowne Realty lnc.
Amy Flowers
459 Main Street East
Milton, ON L9T 1R1
905-878-6232

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2020 Last Updated September 25, 2020
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