PHOTOS: These are the Cheapest Houses in Brampton Right Now

Published September 6, 2019 at 2:42 pm

If you’re interested in local real estate news (who isn’t?), we have some good news and some bads news.

The good news is that houses are, to use an old cliche, “selling like hotcakes” in Brampton and surrounding cities. The bad news is that homes are fewer and further between, so buyers are paying more month-over-month.

Conditions in Brampton have been steadily heating up with the city now considered to be a bonafide sellers’ market with a sales-to-new-listings ratio of 62 per cent – a dramatic increase from 49 per cent last year when it could be considered on the weaker end of balanced.

Sales are on a tear, rising 22.8 per cent with 824 transactions, while the supply of new listings declined by 3.7 per cent. That’s pushed the average home price to $734,362, an increase of 3.4 per cent, as buyers find themselves competing for fewer available listings.

This has left many to question the real estate market in Brampton.

So, we compiled a list of houses that sold for big bucks -and some that were sold at a more affordable price – this past month in Brampton.

Most Expensive

55 Michelangelo Blvd