Sales of single detached homes in the City of Brandon recorded through the MLS® System of the Brandon Real Estate Board posted a strong showing in November 2013.
Single detached home sales in the City of Brandon numbered 54 units in November, up 17 per cent on a year-over-year basis from November in 2012. This was just the third time on record that November sales have topped the 50 mark.
The median sale price for single detached homes was $259,950 in November 2013. This was a seven per cent increase from November 2012.
Single detached properties spent longer on market before selling in November 2013 than they had a year earlier. The median number of days on market for single detached home sales rose by 13 days to 52 in November 2013.
The dollar value of all single detached home sales in November 2013 totalled $14.6 million, rising 19 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.