Sales of single detached homes in the City of Brandon recorded through the MLS® System of the Brandon Area REALTORS® were little changed on a year-over-year basis in December 2014.
Single detached home sales in the City of Brandon numbered 30 units in December, down just one sale from December 2013, and above the five and 10-year averages for the month.
A total of 637 single detached homes traded hands in 2014. This stood 1.7 per cent below the same period last year.
The median sale price for single detached homes was $240,000 in December 2014. This was down 4.8 per cent from the median price in December 2013.
Single detached properties spent less time on market before selling in December 2014 than they had a year earlier. The median number of days on market for single detached home sales fell 8.5 days to 52.5 in December 2014.
The dollar value of all single detached home sales in December 2014 totalled $7.5 million, a 7.2 per cent decrease compared to the record December from a year earlier.
www.brandonareaREALTORS.ca or call (204) 727-4672. The Brandon Area REALTORS® is a non-profit organization representing more than 200 REALTORS® within the City of Brandon and rural areas.