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Milton Real Estate Market Update, House Price Trend, Statistics. Take a Price Quiz

City of Milton has become one of the fastest growing areas in the GTA.  Located approximately 40 km west of Toronto it's attracted family oriented home buyers by the masses.  And why not, $350,000 will buy you a lot of space compared to say Leaside in Toronto.  

Homeowners have enjoyed a robust house price increase over the past few years.   And with the Toronto's New Land Transfer Tax, Milton is looking even more attractive.

Milton's average house price in 2006 was about $314,900, by the end of 2007 the average price rose to approximately $330,400.  In the first 2 months of 2008 the average home took less time to sell, 27% less time on the market than the same period last year. 

I love market stats and often provide my clients with breakdowns per area such as Dorest Park and Old Milton.  But I don't want to overwhelm consumers with too much info, so detailed data is available by request.  Just give our Stats Department at call at 416-896-3333 or visit us on-line at www.SuttonRealty.com.

Search Milton Homes for Sale and view more stats and helpful links.

What Did It Sell For?

Sample Sold Home in Milton in February 2008

Milton Sold Home

This Detached home located in the Derry and Thompson area of Milton was on the market less than 7 days before it received a successful offer.  (That's well below the Board average for February of 24 days)
Listing Price was $464,900 and attracted several buyers even during one of the worst snowy months we've had.
Keep in mind, it had 4 bedroom, 3 washrooms, main floor family room with gas fireplace, kitchen with breakfast area and walk-out to yard.

Need more information to guess the sale price?

It's a Mattamy Built "Huxley" Model, Approximately 2475 sqft. and under 5 years old. Backs onto a field.  No backyard neighbours.   Here's a little hint ... we "home staged" the property before going on the market.  

Did you guess the right selling price?
The Sale price was five hundred dollars below asking price, that's 2% higher than the Boards average of 98% list to sale ratio for February.

Receive a Free Home Valuation on your Home.

 


Sample Listing
Milton offers an array of styles,
but the larger, opulant homes are not
hard to find.
Here is a
Detached Beauty on Premium RAVINE Lot!
A Luxury High End Home Listed for
$679,900 with 10" Ceilings, 4 Bedroom, 4 Baths.
Built by Coscorp
 

Find Milton Homes for Sale.

Posted: Monday, March 17, 2008 12:24 AM by Sutton Realty

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