Brandon Area REALTORS®

City of Brandon MLS® single detached home sales down to more modest levels in November, properties still spending little time on market before selling

Sales of single detached homes in the City of Brandon recorded through the MLS® System of the Brandon Area REALTORS® numbered 33 units in November 2021. This was down sharply by 15.4% (six sales) from the same month in 2020.

Single detached home sales were 11.8% below the five-year average and 20.3% below the 10-year average for the month of November.

On a year-to-date basis, home sales totaled 725 units over the first 11 months of the year. This was an increase of 14.4% from the same period in 2020.

The median sale price for single detached homes sold in November 2021 was $290,000, a moderate gain of 9.5% from November 2020.

The more comprehensive year-to-date median price was $287,500, increasing by 4.2% from the first 11 months of 2020.

Single detached properties spent less time on the market before selling in November 2021 than they had a year earlier. The median number of days on market for single detached home sales was 5 in November 2021, down from the 28 days recorded in November 2020.

The dollar value of all single detached home sales in in November 2021 was $10.1 million, a sharp decrease of 21.4% from the same month in 2020.

BOARD & ASSOCIATION INFORMATION

For more information on market statistics, available homes or on real estate in general, visit our web site at www.brandonareaREALTORS.ca or call (204) 727-4672. The Brandon Area REALTORS® is a non-profit organization representing over 250 REALTORS® within the City of Brandon and rural areas.


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Brandon Area REALTORS®

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Marlee Murray