Brandon single detached home sales rise in June

Sales of single detached homes in the City of Brandon recorded through the MLS® System of the Brandon Area REALTORS® were up on a year-over-year basis in June 2015.

Single detached home sales in the City of Brandon numbered 87 units in June, rising 3.6 per cent from June 2014. While it was eclipsed by the record month of June in 2009, it still managed to reach the second highest level on record for the month.

The median sale price for single detached homes was $272,500 in June 2015. This was up 1.3 per cent from the median price in June 2014.

Single detached properties spent a longer amount of time on market before selling in June 2015 than they had a year earlier. The median number of days on market for single detached home sales was 19 in June 2015.

The dollar value of all single detached home sales in June 2015 totalled $25.7 million, a seven per cent increase compared to a year earlier. This was the highest June dollar volume on record and the first time volumes in June had surpassed $25 million.

Larry Jago

Larry Jago

CENTURY 21 Westman Realty Ltd.
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