Milton Real Estate Statistics

Milton real estate average sold price in the last 30 days (January 21 - February 19) was $970,543, which is $90,756 (9.4%) lower than the average price of $1,061,299 in the previous 30 day period (December 22 - January 20), and $62,963 (6.5%) down from the same period 1 year ago ($1,033,506). Milton real estate prices over the last 30 days are also $87,420 (9.0%) lower than the average selling price of $1,057,963 over the past year.

Milton average sold price for homes was $1,146,663 in the last 30 days (January 21 - February 19), which is $145,181 (12.7%) down from the average home price of $1,291,844 in the previous 30 day period (December 22 - January 20), and $105,332 (9.2%) lower than the same period 1 year ago ($1,251,995). In the last 30 days Milton the average home price was $119,895 (10.5%) lower than the average selling price of $1,266,558 over the last 12 months.

Average Milton condo sold price over the last 30 days (January 21 - February 19) was $696,442. During this period it was $88,157 (12.7%) up from the average price of condo of $608,285 during the previous 30 days (December 22 - January 20), and $87,505 (12.6%) higher compared to the same period 1 year ago ($608,937). In the last 30 days Milton the average condo price was $76,085 (10.9%) higher than the average selling price of $620,357 over the last year.

Average sold price of Milton townhouse was $885,376 in the last 30 days (January 21 - February 19), up $20,513 (2.3%) from the average townhome price of $864,863 over the previous 30 days (December 22 - January 20), and $27,845 (3.1%) higher than during to the same period 1 year ago ($857,531). Over the last 30 days the average townhouse price in Milton was $19,082 (2.2%) higher compared to the average selling price of $866,294 over the last 12 months.

Average selling price for Milton real estate was $970,543 in the last 30 days (January 21 - February 19), which is collectively $7,458 (0.7%) lower than the average asking price of $1,093,620. This represents an increase of $24,820 (76.9%) compared to $32,278 (2.9%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Milton during the last 12 months was recorded in March, 2024 with an average of $18,673 over the asking price, while the minimum occurring in January, 2025 with $29,917 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 36.1% with 107 properties sold and 191 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 64.4% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 73.5% compared to the same period one year ago.

Over the the last year the highest SNLR in Milton was 220.9% recorded in December and the lowest was in July at 39.5%. 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 107 properties that were successfully sold in Milton in the last 30 days (January 21 - February 19) was 24 days, which is 11 days less than 35 days average in the previous 30 day period (December 22 - January 20) and 13 days shorter than during the same period a year ago (37 days).

There were 130 delisted properties in Milton, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 58 days on the market. This is 13 days shorter than the average of 71 days during the previous 30 day period (December 22 - January 20) and 1 days more compared to the same period last year average of 57 days on the market.

130 Milton properties that didn't sell stayed on the market 141.7% longer than 107 that sucessfully sold over the last 30 days - 24 days when sold vs 58 days when delisted respectively.

Average Days on the Market in Milton over the past 12 months for properties that have sold was 24.1 days, with 50.3 days for those properties that did not sell.

296 new properties were listed on the market in Milton in the last 30 days (January 21 - February 19). During the same time 107 properties were sold and 130 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 59 properties (or 19.9%).

During the previous 30 day period (December 22 - January 20) there were 191 new properties listed, 123 sold and 144 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 394 new properties listed, the slowest - December with 139 new listings and a yearly average of 308 new listings per month.

There were a total of 150 homes listed during the last 30 days (January 21 - February 19), which is 50.7% of all properties listed in Milton. This is a 53.1% increase compared with a previous 30 day period (December 22 - January 20) and 45.6% up from the same period a year ago. Over the past year an average of 175 homes are were listed per month.

45 condo units were listed in the last 30 days (January 21 - February 19) in Milton, which represents 15.2% of all new listings. This is up 55.2% from the prior 30 day period (December 22 - January 20) and 2.3% more compared to the same period last year. There were 44 condos listed per month on average during the last 12 months.

101 townhomes were listed over the last 30 days (January 21 - February 19) in Milton, which is 34.1% of all new real estate inventory. This is a 57.8% more than during the previous 30 day period (December 22 - January 20) and 77.2% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 89 a month.

There were a total of 45 homes sold during the last 30 days (January 21 - February 19), which is 42.1% of all properties sold in Milton. This is a 30.8% decline compared with a previous 30 day period (December 22 - January 20) and 41.6% down from the same period a year ago. Over the past year an average of 101 homes are were sold per month.

14 condo units were sold in the last 30 days (January 21 - February 19) in Milton, which represents 13.1% of all sold properties. This is down 0.0% from the prior 30 day period (December 22 - January 20) and 12.5% less compared to the same period last year. There were 23 condos sold per month on average during the last 12 months.

48 townhomes were sold over the last 30 days (January 21 - February 19) in Milton, which is 44.9% of all sold real estate. This is a 9.1% more than during the previous 30 day period (December 22 - January 20) and 15.8% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 55 a month.