March 2023 – GTA Housing Market News
Here is our quick market update for the Toronto Real Estate Board and Milton area.
As we move through the first quarter, we’ve been closely monitoring the Toronto Real Estate Board and Milton area market. One trend that has become apparent is the limited inventory of available homes, resulting in heightened competition among buyers. This has put upward pressure on prices, with the average sale price for a home in Milton currently standing at $1,133,21, and an average of 17 days on the market.
In the Greater Toronto Area, the average sale price for all types of homes is currently $1,108,606, which represents an increase of $36,000 from January.
If you have any inquiries regarding the market or your specific property, please do not hesitate to contact us at any time. We are here to assist you.
Milton Real Estate Market
The average price in Milton $1,133,210
Burlington Real Estate Market
The average price in Burlington $1,040,366
Oakville Real Estate Market
The average price in Oakville $1,571,254