Slow January for Brandon Single Detached Home Sales

Slow January for Brandon single detached home sales

Sales of single detached homes in the City of Brandon recorded through the MLS® System of the Brandon Area REALTORS® were down on a year-over-year basis in January 2015.

Single detached home sales in the City of Brandon numbered 22 units in January, down 48.8 per cent from January 2014. While January 2015 was quiet, the size of the year-over-year decline also reflects a record month of January last year.

The median sale price for single detached homes was $246,500 in January 2015. This was up 12.1 per cent from the median price in January 2014.

Single detached properties spent less time on market before selling in January 2015 than they had a year earlier. The median number of days on market for single detached home sales fell five days to 35 in January 2015.

The dollar value of all single detached home sales in January 2015 totalled $5.6 million, a 41.6 per cent drop compared to the record January 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.



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