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Median List Price
Median Price per Sq. Ft.
Homes for Sale
Ave. Sold Price
As of December 2024, Milton, Ontario's real estate market exhibits a median home price of approximately $1 million, with properties typically spending around 66 days on the market. The market has experienced a 6% decrease in average home prices compared to the same period in 2023, with the average price now at $1,046,000. Despite this decline, the market shows signs of stabilization, with well-presented and appropriately priced homes attracting significant attention, often resulting in sales above the asking price. The recent interest rate cuts by the Bank of Canada have improved affordability, leading to increased buyer activity and a more balanced market environment.
As of December 2024, Milton's real estate market is experiencing a balanced environment, with an average home price of approximately $1,028,603 and properties typically spending around 28 days on the market. The months of inventory for single detached homes have increased to 4.5 months, up from 3.6 months in the same period last year, indicating a shift towards a more balanced market. This balance suggests that neither buyers nor sellers have a distinct advantage, leading to fairer negotiations and stable pricing. Well-presented and appropriately priced homes continue to attract significant attention, often resulting in sales at or above the asking price. Recent interest rate cuts by the Bank of Canada have improved affordability, leading to increased buyer activity and a more balanced market environment.
Milton is one of Ontario’s fastest-growing communities, offering a perfect blend of urban amenities and natural charm. Its location provides easy access to major highways, making it ideal for commuters to Toronto and nearby cities. With excellent schools, beautiful parks, and a strong sense of community, Milton is an attractive destination for families, professionals, and retirees alike. Its vibrant downtown, recreational opportunities, and ongoing development ensure a high quality of life and long-term investment potential for homeowners.
Milton, ON, is a thriving community that combines small-town charm with modern conveniences, making it one of the most desirable places to live in the Greater Toronto Area. With a balanced real estate market and a wide range of property options, now is the perfect time to find your next home. Reach out to us for expert guidance, personalized assistance, and to schedule a showing today!
Discover everything Milton has to offer with our comprehensive neighborhood guide! From its vibrant community and top-rated schools to scenic parks and modern amenities, our guide provides all the insights you need to envision life in this growing town. Start exploring now and see why Milton could be the perfect place to call home!
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