December Home Sales Above Average!

Brandon single detached home sales post above-average December

Sales of single detached homes in the City of Brandon recorded through the MLS® System of the Brandon Area REALTORS® recorded another year-over-year increase in December 2015.

Single detached home sales in the City of Brandon numbered 31 units in December, rising 3.3 per cent from December 2014. This stood above the five and 10-year averages for this time of the year.

On an annual basis home sales came in 3.5 per cent ahead of levels from 2014 and stood slightly above 2013 as well.

The median sale price for single detached homes was $263,000 in December 2015. This was up 9.6 per cent from the median price in December 2014.

Single detached properties spent less time on market before selling in December 2015 than they had a year earlier. The median number of days on market for single detached home sales was 40 in December 2015, 12.5 days fewer than the previous December.

The dollar value of all single detached home sales in December 2015 totalled $8.8 million, a 17.4 per cent increase compared to a year earlier and the highest level on record for this month.

Larry Jago

Larry Jago

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