Cliff Barron from ReMax here with my weekly update for June 21st-27th, 2020 - for Milton, Georgetown and Glen Williams. Usually I like to give a little real estate tip before I get started. Today though, I thought I'd give a shout out to the recent grads: high school grads, college grads, university grads. I have somebody very close to me that just graduated from college. They worked really hard, got to the end and all of a sudden... Covid hit. So unfortunately, she couldn't receive her diploma the way she's supposed to. She worked really hard and I'd like to just give a shout out to everybody that might be in the same situation. Just think - you did it! Now you're moving on to the next chapter of your life - so congratulations!
Now onto the Milton market. It is actually looking pretty good. Milton had sales of (in 2019) 45 and in 2020, 40. So, we're almost there. The sales last year at this time of the year would've slowed down. Whereas, the sales this year are actually kind of picking up the volume of sales. We had 15 townhouses, 5 semis and 18 freeholds sold. The average townhouse $702k -that's 6 days on the market. Semis $809k and 10 days on the market. And the average freehold, $950k sold in 7 days on the market. That's the average, so things are moving. In condo sales, in 2019 we had 9 sales and in 2020, 5. So 5 sales - those are doing well - they're really picking up. It's kind of interesting to see that things have really picked up. It's almost like the spring has been shifted -we're almost in the April market, but we're actually heading into July.
Then we move onto Georgetown and Glen Williams. This is interesting because in 2019, we had 19 sales for the week of June 21st-27th. And in 2020, we had 20 sales. So almost identical. Usually at this time it starts to slow down but we're picking up. You can see the curve going up. Prices aren't going up, but the volume sales are going up, and things are moving. There were 4 sales of town houses at $687k on average. And 14 sales of detached $947k on average, 10 days on the market. 9 days on the market on average for town houses. There was one multiplex that sold on Albert for 1.3 million, so that kind of skewed the figures up a little bit. But the encouraging thing is, the prices are steady, but the days on the market, that's a big thing. 9 days, 10 days, 6 days, 7 days - when you see something like that, that means there is a good supply and there's solid demand. So things are pretty good. Anyways, that's it for this week. I'll update again next week. And congrats again to all the grads out there!
Any questions, let me know. Send me a text, DM, PM or an old fashioned phone call. Take care, stay safe.