Milton Real Estate Statistics

Milton real estate average sold price in the last 30 days (April 3 - May 2) was $1,084,322, which is $8,051 (0.7%) higher than the average price of $1,076,271 in the previous 30 day period (March 4 - April 2), and $29,106 (2.7%) down from the same period 1 year ago ($1,113,428). Milton real estate prices over the last 30 days are also $21,269 (2.0%) higher than the average selling price of $1,063,053 over the past year.

Milton average sold price for homes was $1,325,955 in the last 30 days (April 3 - May 2), which is $42,300 (3.2%) up from the average home price of $1,283,655 in the previous 30 day period (March 4 - April 2), and $11,041 (0.8%) higher than the same period 1 year ago ($1,314,914). In the last 30 days Milton the average home price was $62,473 (4.7%) higher than the average selling price of $1,263,482 over the last 12 months.

Average Milton condo sold price over the last 30 days (April 3 - May 2) was $599,187. During this period it was $53,646 (9.0%) down from the average price of condo of $652,833 during the previous 30 days (March 4 - April 2), and $80,976 (13.5%) lower compared to the same period 1 year ago ($680,163). In the last 30 days Milton the average condo price was $33,525 (5.6%) lower than the average selling price of $632,712 over the last year.

Average sold price of Milton townhouse was $908,121 in the last 30 days (April 3 - May 2), down $3,857 (0.4%) from the average townhome price of $911,978 over the previous 30 days (March 4 - April 2), and $22,553 (2.5%) lower than during to the same period 1 year ago ($930,674). Over the last 30 days the average townhouse price in Milton was $16,645 (1.8%) higher compared to the average selling price of $891,476 over the last 12 months.

Average selling price for Milton real estate was $1,084,322 in the last 30 days (April 3 - May 2), which is collectively $6,456 (0.6%) higher than the average asking price of $1,157,933. This represents a decline of $12,299 (65.6%) compared to $18,755 (1.5%) Sold-Over-Asking price from the previous 30 day period (March 4 - April 2).

The maximum Sold Over/Under Asking ratio in Milton during the last 12 months was recorded in May, 2023 with an average of $53,244 over the asking price, while the minimum occurring in November, 2023 with $32,733 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Milton was 64.1% with 200 properties sold and 248 new properties listed in the past 30 days (April 3 - May 2). This represents a decrease from 73.4% recorded during the previous 30 day period (March 4 - April 2), and a decrease from 81.1% compared to the same period one year ago.

Over the the last year the highest SNLR in Milton was 117.9% recorded in December and the lowest was in September at 30.7%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 200 properties that were successfully sold in Milton in the last 30 days (April 3 - May 2) was 17 days, which is 3 days more than 14 days average in the previous 30 day period (March 4 - April 2) and 5 days longer than during the same period a year ago (12 days).

There were 161 delisted properties in Milton, those that got either Expired, Suspended or Terminated over the last 30 days (April 3 - May 2) with an average of 44 days on the market. This is 1 days shorter than the average of 45 days during the previous 30 day period (March 4 - April 2) and 16 days more compared to the same period last year average of 28 days on the market.

161 Milton properties that didn't sell stayed on the market 158.8% longer than 200 that sucessfully sold over the last 30 days - 17 days when sold vs 44 days when delisted respectively.

Average Days on the Market in Milton over the past 12 months for properties that have sold was 21.1 days, with 45.3 days for those properties that did not sell.

312 new properties were listed on the market in Milton in the last 30 days (April 3 - May 2). During the same time 200 properties were sold and 161 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 49 properties (or 15.7%).

During the previous 30 day period (March 4 - April 2) there were 248 new properties listed, 182 sold and 100 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was June with 352 new properties listed, the slowest - December with 78 new listings and a yearly average of 263 new listings per month.

There were a total of 177 homes listed during the last 30 days (April 3 - May 2), which is 56.7% of all properties listed in Milton. This is a 18.0% increase compared with a previous 30 day period (March 4 - April 2) and 38.3% up from the same period a year ago. Over the past year an average of 147 homes are were listed per month.

46 condo units were listed in the last 30 days (April 3 - May 2) in Milton, which represents 14.7% of all new listings. This is up 27.8% from the prior 30 day period (March 4 - April 2) and 84.0% more compared to the same period last year. There were 38 condos listed per month on average during the last 12 months.

89 townhomes were listed over the last 30 days (April 3 - May 2) in Milton, which is 28.5% of all new real estate inventory. This is a 43.5% more than during the previous 30 day period (March 4 - April 2) and 29.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 78 a month.

There were a total of 108 homes sold during the last 30 days (April 3 - May 2), which is 54.0% of all properties sold in Milton. This is a 16.1% increase compared with a previous 30 day period (March 4 - April 2) and 10.2% up from the same period a year ago. Over the past year an average of 88 homes are were sold per month.

32 condo units were sold in the last 30 days (April 3 - May 2) in Milton, which represents 16.0% of all sold properties. This is up 77.8% from the prior 30 day period (March 4 - April 2) and 68.4% more compared to the same period last year. There were 19 condos sold per month on average during the last 12 months.

60 townhomes were sold over the last 30 days (April 3 - May 2) in Milton, which is 30.0% of all sold real estate. This is a 15.5% less than during the previous 30 day period (March 4 - April 2) and 4.8% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 53 a month.