Luxury Real Estate Prices Hit Record Numbers In Brantford, Ontario
Real estate prices in Brantford, Ontario continue to hit record numbers this year. Brantford saw a 31.8 per cent increase in sale price this past February for single-family real estate compared to the previous year. That puts the average home value at $671,000. Even townhouses have jumped 23.2 per cent in Brantford. As a result, our sellers are walking away with an average of over 110 per cent above their asking price.
Even the Canadian Real Estate Association is supporting the idea that Brantford, Ontario will see record numbers this year.
Real Estate prices in Brant County have also seen a massive jump over last year of 54 per cent with an average sale price of $931,123. The numbers of sales have also increased by 196 per cent, which is understandable as the pandemic brought everything to a screeching halt. These numbers are incredible and it’s great to see the market bouncing back as we emerge from the pandemic.
Don’t miss our interactive MLS® Real Estate Market Activity Map for up-to-date, year-over-year statistics for your area.