Milton Real Estate Statistics

Milton real estate average sold price in the last 30 days (October 26 - November 24) was $1,145,038, which is $122,810 (10.7%) higher than the average price of $1,022,228 in the previous 30 day period (September 26 - October 25), and $103,992 (9.1%) up from the same period 1 year ago ($1,041,046). Milton real estate prices over the last 30 days are also $91,877 (8.0%) higher than the average selling price of $1,053,161 over the past year.

Milton average sold price for homes was $1,346,686 in the last 30 days (October 26 - November 24), which is $114,174 (8.5%) up from the average home price of $1,232,512 in the previous 30 day period (September 26 - October 25), and $112,525 (8.4%) higher than the same period 1 year ago ($1,234,161). In the last 30 days Milton the average home price was $87,476 (6.5%) higher than the average selling price of $1,259,210 over the last 12 months.

Average Milton condo sold price over the last 30 days (October 26 - November 24) was $642,500. During this period it was $29,393 (4.6%) up from the average price of condo of $613,107 during the previous 30 days (September 26 - October 25), and $7,625 (1.2%) higher compared to the same period 1 year ago ($634,875). In the last 30 days Milton the average condo price was $22,160 (3.4%) higher than the average selling price of $620,340 over the last year.

Average sold price of Milton townhouse was $844,104 in the last 30 days (October 26 - November 24), down $43,683 (5.2%) from the average townhome price of $887,787 over the previous 30 days (September 26 - October 25), and $26,311 (3.1%) lower than during to the same period 1 year ago ($870,415). Over the last 30 days the average townhouse price in Milton was $25,766 (3.1%) lower compared to the average selling price of $869,870 over the last 12 months.

Average selling price for Milton real estate was $1,145,038 in the last 30 days (October 26 - November 24), which is collectively $17,051 (1.4%) lower than the average asking price of $1,208,483. This represents an increase of $2,326 (12.0%) compared to $19,377 (1.6%) Sold-Under-Asking price from the previous 30 day period (September 26 - October 25).

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 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 49.5% with 182 properties sold and 332 new properties listed in the past 30 days (October 26 - November 24). This represents a decrease from 51.5% recorded during the previous 30 day period (September 26 - October 25), and an increase from 48.8% 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 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 182 properties that were successfully sold in Milton in the last 30 days (October 26 - November 24) was 28 days, which is 2 days less than 30 days average in the previous 30 day period (September 26 - October 25) and 4 days longer than during the same period a year ago (24 days).

There were 194 delisted properties in Milton, those that got either Expired, Suspended or Terminated over the last 30 days (October 26 - November 24) with an average of 47 days on the market. This is 12 days shorter than the average of 59 days during the previous 30 day period (September 26 - October 25) and 0 days more compared to the same period last year average of 47 days on the market.

194 Milton properties that didn't sell stayed on the market 67.9% longer than 182 that sucessfully sold over the last 30 days - 28 days when sold vs 47 days when delisted respectively.

Average Days on the Market in Milton over the past 12 months for properties that have sold was 24.0 days, with 49.9 days for those properties that did not sell.

368 new properties were listed on the market in Milton in the last 30 days (October 26 - November 24). During the same time 182 properties were sold and 194 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 8 properties (or 2.2%).

During the previous 30 day period (September 26 - October 25) there were 332 new properties listed, 171 sold and 219 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 78 new listings and a yearly average of 283 new listings per month.

There were a total of 211 homes listed during the last 30 days (October 26 - November 24), which is 57.3% of all properties listed in Milton. This is a 3.7% decline compared with a previous 30 day period (September 26 - October 25) and 58.6% up from the same period a year ago. Over the past year an average of 162 homes are were listed per month.

56 condo units were listed in the last 30 days (October 26 - November 24) in Milton, which represents 15.2% of all new listings. This is up 30.2% from the prior 30 day period (September 26 - October 25) and 55.6% more compared to the same period last year. There were 43 condos listed per month on average during the last 12 months.

101 townhomes were listed over the last 30 days (October 26 - November 24) in Milton, which is 27.4% of all new real estate inventory. This is a 44.3% more than during the previous 30 day period (September 26 - October 25) and 24.7% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 79 a month.

There were a total of 117 homes sold during the last 30 days (October 26 - November 24), which is 64.3% of all properties sold in Milton. This is a 31.5% increase compared with a previous 30 day period (September 26 - October 25) and 80.0% up from the same period a year ago. Over the past year an average of 85 homes are were sold per month.

20 condo units were sold in the last 30 days (October 26 - November 24) in Milton, which represents 11.0% of all sold properties. This is down 28.6% from the prior 30 day period (September 26 - October 25) and 66.7% more compared to the same period last year. There were 19 condos sold per month on average during the last 12 months.

45 townhomes were sold over the last 30 days (October 26 - November 24) in Milton, which is 24.7% of all sold real estate. This is a 16.7% less than during the previous 30 day period (September 26 - October 25) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 50 a month.