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
market update
market update
Comparative Analysis
| 2021 | Y/Y | M/M | |
|---|---|---|---|
| Sales | 135 | 164.7% | -14.6% |
| New Listings | 192 | 92% | -22.3% |
| Active Listings | 103 | -10.4% | -3.7% |
| Average Sale Price | $1,335,487 | 40.4% | -0.7% |
| SNLR | 70.3% | 19.3% | 6.3% |
Source: TRREB Market Watch Report – Summary of Existing Home Transactions (Detached)
milton
milton
May 2021 Summary
Milton experienced a 164.7% year-over-year increase in home sales in May 2021. New listings were up year-over-year by 92%. Average sale price was up by 40.4%. The sales to new listings ratio (SNLR) was up 19.3% to 70.3%. SNLR at 55% or more indicates a seller’s market; there are more buyers than properties for sale. Month-over-month, Milton experienced a drop in home sales and new listings by 14.6% and 22.3% respectively. Average sale price remains flat at -0.7% versus April 2021. The rate of decline in new listings outpaced the rate of decline in sales causing SNLR to increase by 6.3% versus April.
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