Milton

established 1857

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DISCOVER

About Milton

As Canada’s fastest-growing community, Milton is a blend of urban and rural, modern and historic, all set in the backdrop of the Niagara Escarpment.

With a population of 120,556 (2018), Milton offers state-of-the-art recreational facilities including the Milton Sports Centre and the Mattamy National Cycling Centre (Milton Velodrome). Milton also has two libraries, more than 50 parks, and is home to one of the finest Farmer’s Markets in Canada from May to October.

Milton was ranked sixth on MoneySense.ca’s Canada’s Best Places to Live 2018.

Population 120,556

milton
milton

September 2020 Summary

The Toronto Regional Real Estate Board reported the following for the GTA for the month of September 2020:

  • The AVERAGE SALE PRICE in September 2020 was up by 14% year over year
  • The NUMBER of SALES was up by 42.3% compared to September 2019

Three take-aways:

  1. Year-over-year sales growth in September continued to be driven by ground-oriented market segments, including detached and semi-detached houses and townhouses.
  2. The relatively better supplied condominium apartment segment experienced a comparatively slower pace of price growth.
  3. Annual growth rates were also higher for sales reported in the GTA regions surrounding the City of Toronto.

To help decipher the data in the adjacent table (including data for detached only), when the Sales to New Listings Ratio (SNLR) is:

  • 55% or more = SELLER’S MARKET = more buyers than properties for sale
  • Between 36% and 54% = BALANCED MARKET = about the same number of properties for sale as there are buyers
  • 35% or less = BUYER’S MARKET = more properties for sale than there are buyers
market update
market update

Year-Over-Year Summary

2020 2019 % Change
Sales 142 73 94.5%
New Listings 158 144 9.7%
Active Listings 97 155 -37.4%
Average Sale Price $1,093,908 $892,692 22.5%
SNLR 89.9% 50.7% 39.2%

 

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listings

Area listings


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