Brandon single detached home sales jump in September
Sales of single detached homes in the City of Brandon recorded through the MLS® System of the Brandon Area REALTORS® recorded a large increase on a year-over-year basis in September 2015.
Single detached home sales in the City of Brandon numbered 72 units in September, jumping 53.2 per cent from September 2014. This was a new record for the month of September.
On a year-to-date basis home sales are now running on par with levels over the first three quarters of 2014.
The median sale price for single detached homes was $251,000 in September 2015. This was down 3.4 per cent from the median price in September 2014.
Single detached properties spent more time on market before selling in September 2015 than they had a year earlier. The median number of days on market for single detached home sales was 49.5 in September 2015, 8.5 days more than the previous September.
The dollar value of all single detached home sales in September 2015 totalled $18.7 million, a 47.3 per cent increase compared to a year earlier and the highest level on record for this month.