Milton Real Estate Statistics

Milton real estate average sold price in the last 30 days (December 18 - January 16) was $909,762, which is $102,754 (11.3%) lower than the average price of $1,012,516 in the previous 30 day period (November 18 - December 17), and $132,302 (14.5%) down from the same period 1 year ago ($1,042,064). Milton real estate prices over the last 30 days are also $146,244 (16.1%) lower than the average selling price of $1,056,006 over the past year.

Milton average sold price for homes was $1,025,042 in the last 30 days (December 18 - January 16), which is $162,716 (15.9%) down from the average home price of $1,187,758 in the previous 30 day period (November 18 - December 17), and $176,457 (17.2%) lower than the same period 1 year ago ($1,201,499). In the last 30 days Milton the average home price was $235,023 (22.9%) lower than the average selling price of $1,260,065 over the last 12 months.

Average Milton condo sold price over the last 30 days (December 18 - January 16) was $558,403. During this period it was $19,700 (3.5%) down from the average price of condo of $578,103 during the previous 30 days (November 18 - December 17), and $62,997 (11.3%) lower compared to the same period 1 year ago ($621,400). In the last 30 days Milton the average condo price was $61,273 (11.0%) lower than the average selling price of $619,676 over the last year.

Average sold price of Milton townhouse was $784,725 in the last 30 days (December 18 - January 16), down $20,335 (2.6%) from the average townhome price of $805,060 over the previous 30 days (November 18 - December 17), and $87,964 (11.2%) lower than during to the same period 1 year ago ($872,689). Over the last 30 days the average townhouse price in Milton was $76,822 (9.8%) lower compared to the average selling price of $861,547 over the last 12 months.

Average selling price for Milton real estate was $909,762 in the last 30 days (December 18 - January 16), which is collectively $19,665 (1.7%) lower than the average asking price of $1,133,963. This represents a decline of $8,025 (68.9%) compared to $11,640 (1.1%) Sold-Under-Asking price from the previous 30 day period (November 18 - December 17).

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 September, 2024 with $23,972 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 147.9% with 247 properties sold and 244 new properties listed in the past 30 days (December 18 - January 16). This represents an increase from 90.6% recorded during the previous 30 day period (November 18 - December 17), and an increase from 81.2% 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 247 properties that were successfully sold in Milton in the last 30 days (December 18 - January 16) was 32 days, which is 1 days less than 33 days average in the previous 30 day period (November 18 - December 17) and 6 days shorter than during the same period a year ago (38 days).

There were 217 delisted properties in Milton, those that got either Expired, Suspended or Terminated over the last 30 days (December 18 - January 16) with an average of 74 days on the market. This is 19 days longer than the average of 55 days during the previous 30 day period (November 18 - December 17) and 4 days less compared to the same period last year average of 78 days on the market.

217 Milton properties that didn't sell stayed on the market 131.2% longer than 247 that sucessfully sold over the last 30 days - 32 days when sold vs 74 days when delisted respectively.

Average Days on the Market in Milton over the past 12 months for properties that have sold was 24.7 days, with 50.5 days for those properties that did not sell.

167 new properties were listed on the market in Milton in the last 30 days (December 18 - January 16). During the same time 247 properties were sold and 217 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 297 properties (or 177.8%).

During the previous 30 day period (November 18 - December 17) there were 244 new properties listed, 221 sold and 265 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 299 new listings per month.

There were a total of 83 homes listed during the last 30 days (December 18 - January 16), which is 49.7% of all properties listed in Milton. This is a 33.1% decline compared with a previous 30 day period (November 18 - December 17) and 72.9% up from the same period a year ago. Over the past year an average of 170 homes are were listed per month.

23 condo units were listed in the last 30 days (December 18 - January 16) in Milton, which represents 13.8% of all new listings. This is down 39.5% from the prior 30 day period (November 18 - December 17) and 4.5% more compared to the same period last year. There were 45 condos listed per month on average during the last 12 months.

61 townhomes were listed over the last 30 days (December 18 - January 16) in Milton, which is 36.5% of all new real estate inventory. This is a 25.6% less than during the previous 30 day period (November 18 - December 17) and 134.6% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 84 a month.

There were a total of 153 homes sold during the last 30 days (December 18 - January 16), which is 61.9% of all properties sold in Milton. This is a 11.7% increase compared with a previous 30 day period (November 18 - December 17) and 247.7% up from the same period a year ago. Over the past year an average of 102 homes are were sold per month.

26 condo units were sold in the last 30 days (December 18 - January 16) in Milton, which represents 10.5% of all sold properties. This is down 10.3% from the prior 30 day period (November 18 - December 17) and 420.0% more compared to the same period last year. There were 22 condos sold per month on average during the last 12 months.

68 townhomes were sold over the last 30 days (December 18 - January 16) in Milton, which is 27.5% of all sold real estate. This is a 23.6% more than during the previous 30 day period (November 18 - December 17) and 134.5% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 56 a month.