Brampton Real Estate Market Snapshot July ’24
Brampton Real Estate Market Snapshot July’24
Today we will take a look at the 30 day market snapshot for the City of Brampton. Over the past 30 days, sold listings and the average sales price are down for single family homes in Brampton, with average days on the market up to 20 days. The average sale price is $1.11 million dollars.
Taking a look at condos.
Sold listings are down but the average sales price is up, with average days on the market up to 27 days. The average sale price of a condo in Brampton is $640 thousand dollars.
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Learn more about the Brampton Real Estate Market:
Brampton, Ontario, located in the Greater Toronto Area (GTA), is one of Canada’s fastest-growing cities. With a diverse population of over 600,000 residents, it is known for its multicultural community, green spaces, and family-friendly atmosphere. Brampton offers a blend of urban and suburban living, making it an attractive destination for families, professionals, and retirees alike.
Reasons to Move to Brampton
- Diverse Community: Brampton is celebrated for its cultural diversity. Residents enjoy a variety of cultural festivals, international cuisine, and community events that reflect the city’s rich multicultural fabric.
- Affordable Housing: Compared to Toronto, Brampton offers more affordable housing options, making it an appealing choice for first-time homebuyers and families looking to settle in a spacious and comfortable environment.
- Education: The city boasts a range of educational institutions, including top-rated public and private schools. Sheridan College, renowned for its programs in arts, technology, and business, also has a campus in Brampton.
- Green Spaces and Recreation: Brampton is known as the “Flower City” due to its beautiful parks and gardens. Notable green spaces include Gage Park, Heart Lake Conservation Area, and the Chinguacousy Park, which offer numerous recreational activities such as hiking, picnicking, and sports.
- Healthcare Facilities: The city is home to the Brampton Civic Hospital, a state-of-the-art healthcare facility that provides comprehensive medical services to residents.
- Transportation: Brampton’s strategic location offers excellent connectivity through major highways (401, 407, 410) and public transit systems like Brampton Transit and GO Transit, making commuting to Toronto and surrounding areas convenient.
- Employment Opportunities: Brampton’s economy is diverse, with strong sectors in manufacturing, retail, and information technology. The city’s proximity to Toronto provides additional job opportunities in various industries.
- Safety and Community: Brampton is known for its safe neighborhoods and active community engagement. The city has numerous community centers, libraries, and sports facilities that foster a strong sense of community.
Resources
- City of Brampton Official Website: Brampton.ca
- Brampton Real Estate Listings: Realtor.ca
- Brampton Transit: Brampton Transit
- Sheridan College Brampton Campus: Sheridan College
- Brampton Civic Hospital: William Osler Health System