Brandon Area REALTORS®

City of Brandon MLS® single detached home sales dip below average in April

Sales of single detached homes in the City of Brandon recorded through the MLS® System of the Brandon Area REALTORS® numbered 52 units in April 2022. This was a big decline of 42.2% from the same month in 2021.

Single detached home sales were 9.4% below the five-year average and 14.9% below the 10-year average for the month of April.

On a year-to-date basis, home sales totaled 166 units over the first four months of the year. This was a substantial reduction of 35.2% from the same period in 2021.

The median sale price for single detached homes sold in April 2022 was $311,000, a gain of 14.3% from April 2021.

The more comprehensive year-to-date median price was $303,000, up by 9.2% from the first four months of 2021.

Single detached properties spent more time on the market before selling in April 2022 than they had a year earlier. The median number of days on market for single detached home sales was 15 in April 2022, up from the 6 days recorded in April 2021.

The dollar value of all single detached home sales in in April 2022 was $16.9 million, a substantial decline of 36.5% from the same month in 2021.

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