Sales of single detached homes in the City of Brandon recorded through the MLS® System of the Brandon Real Estate Board came in below year-ago levels in August 2013.
Single detached home sales numbered 40 units in August, down 44 per cent on a year-over-year basis.
The median sale price for single detached homes was $217,500 in August 2013. This was an 11 per cent decline from August 2012.
Single detached properties spent less time on market before selling in August 2013 than they had a year earlier. The median number of days on market for single detached home sales was down three days to 41.5 in August 2013.
The dollar value of all single detached home sales in August 2013 totalled $8.7 million, falling 50 per cent from a year earlier.
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.