Brandon Single Detached Home Sales Hold Steady in March

Sales of single detached homes in the City of Brandon recorded through the MLS® System of the Brandon Real Estate Board were unchanged on a year-over-year basis in March 2014.

Single detached home sales in the City of Brandon numbered 40 units in March. On a year-to-date basis single detached home sales were running 12 per cent above levels in the same period last year.

The median sale price for single detached homes was $245,000 in March 2014. This was a five per cent decrease from March 2013.

Single detached properties spent longer on market before selling in March 2014 than they had a year earlier. The median number of days on market for single detached home sales rose by eight days to 31 in March 2014.

The dollar value of all single detached home sales in March 2014 totalled $10.5 million, edging down two per cent from a year earlier.

Important information

For more information on market statistics, available homes or on real estate in general, visit our web site at www.breb.mb.ca or call (204) 727-4672. The Brandon Real Estate Board is a non-profit organization representing more than 190 REALTORS® within the City of Brandon and rural areas.

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