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Milton House Prices Report
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May 2015
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Prepared by:
The Charlton
Advantage Team
Chuck Charlton, Realtor/Founder
Melissa Charlton, Realtor/Founder
Shaleni Henriquez, Realtor/Partner
Semone Palmer, Realtor/Partner
Jodi McKnight, Client Care Co-ordinator
Annette Blachford, Real Estate Matchmaker
905-693-9346
450 Bronte Street South, Unit 110
Milton, Ontario L9T 8T2
Not intended to solicit clients currently under contract with another Realtor. © 2008-2014 Chuck and Melissa Charlton, Sales Representatives, Royal LePage Meadowtowne Realty 1-800-514-3316
Here’s Your Report!
Dear Friend,
Here’s your “Milton House Prices Report” – which includes a summary of all the homes
sold in the last 6 months in Milton.
This report will give you a general idea of what homes like yours (at least from the outside)
are selling for today.
As you probably know, there can be tremendous variation in what identical model homes
sell for – even on the same street!
So please take this report with a small note of caution. The value of a home depends on
factors besides just housing type and number of bedrooms. Things like market supply and
demand factors, square footage, overall condition, upgrades, lot size and specific location
are just some of the other key factors involved.
A real estate consultant, like our team, would be able to help you sort through these
influences on value and keep you safe when it’s time to sell your home.
Our intention was to create an easy-to-read report, full of valuable information about what a
typical home sells for in Milton – provided as a free community service to local residents.
Enjoy!
Your neighbours,
Chuck and Melissa Charlton
Royal LePage Meadowtowne Realty
MiltonPriceReport.com
905-693-9346
ps – There’s even more information at MiltonPriceReportONLINE.com – including our
monthly video report, plus links to all the sold properties. Check it out!
How to Read the
Graphs Like a Pro…
We get questions about the graphs and how to read them, so here’s
a brief summary of what to look for and how to read the graphs.
Just like a funnel, we start with BIG numbers, and then drill down to specifics for you, so
we’re going to start with the general market stats for Milton, and then narrow by property
type and even individual sales, which we post online at MiltonPriceReportONLINE.com.
Average Days On Market
This is a measure of the time it takes an average home to sell. This can vary tremendously
between neighbourhoods and types of homes, but in general, the lower the days, the more
active the market in the current month.
We believe this is one of the best measures of the overall strength of a market – lower days
on average mean there are more buyers and sellers making matches. Historically, this
average hovers between 60 and 90 days, but for many years, buyers are now saying,
“what’s wrong?” if a home has been listed for more than 30 days.
Active Listings Versus Sales
This is a representation of the balance between supply and demand at any given time.
Everybody tends to think of the spring as the best time to sell – and it’s true that there are
more sales in the spring months than any other season most years. However, look at the
active listings. There’s a lot more competition, which means buyers will have many more
choices besides your home. And even though the winter has less sales, there’s
significantly less inventory on the market. So each season has pros and cons, and it’s
important to review your specific goals and situation with a real estate professional, so you
can decide the right time for you.
Average Sale Price
Taken out of context, this can be one of the most misleading graphs in the entire report.
The problem is when people look at the highest month and say, “THAT’S the best month to
sell.” Not necessarily. Remember, the average can be pushed up by a few larger homes
selling. Fifty homes selling for $3 million each, and 500 homes selling for $250,000 will
average out to $500,000. But that’s a poor representation of the ACTUAL market, isn’t it?
So the best way to look at this graph is the year-over-year change in average price. Have
properties increased by 5% per year? Just look at the data points for this year and the
previous year. How much difference is there between? This can be a very basic way to
identify how much YOUR home has gone up in value as a percentage. But remember that
it could be greater or less, depending on the type of home you have and the demand for it.
Generally the lower price points increase in value faster than the top, higher-priced end of
the market. And at any given time, the amount of competition you have on the market can
vary your sale price tremendously.
AVERAGE%DAYS%ON%MARKET%0%TOWN%OF%MILTON%%
THE%CHARLTON%ADVANTAGE%TEAM%0%ROYAL%LEPAGE%MEADOWTOWNE%REALTY%%
905069309346%(DIRECT%LINE)%%0%%CharltonAdvantage.com%
35#
30#
25#
DAYS%
2012#
2013#
2014#
20#
2015#
15#
10#
JAN#
FEB#
MAR#
APR#
MAY#
JUN#
JUL#
MONTH%
AUG#
SEP#
OCT#
NOV#
DEC#
ACTIVE'LISTINGS'VS.'NUMBER'OF'SALES'3'TOWN'OF'MILTON'
THE'CHARLTON'ADVANTAGE'TEAM'3'ROYAL'LEPAGE'MEADOWTOWNE'REALTY''
905369339346'(DIRECT'LINE)''3''CharltonAdvantage.com'
450#
400#
350#
300#
ACTIVE'
250#
200#
150#
100#
SALES'
50#
JAN#
FEB#
Ac<ve#2013#
MAR#
APR#
Ac<ve#2014#
MAY#
JUN#
Ac<ve#2015#
JUL#
AUG#
Sales#2013#
SEP#
OCT#
Sales#2014#
NOV#
Sales#2015#
DEC#
AVERAGE&SALE&PRICE&3&GREATER&TORONTO&AREA&AND&MILTON&&
THE&CHARLTON&ADVANTAGE&TEAM&3&ROYAL&LEPAGE&MEADOWTOWNE&REALTY&&
905369339346&(DIRECT&LINE)&&3&&CharltonAdvantage.com&
$640,000&
$620,000&
$600,000&
DOLLAR&AMOUNT&
$580,000&
$560,000&
Milton&2013&
Milton&2014&
$540,000&
Milton&2015&
$520,000&
GTA&2013&
GTA&2014&
$500,000&
GTA&2015&
$480,000&
$460,000&
$440,000&
$420,000&
JAN&
FEB&
MAR&
APR&
MAY&
JUN&
JUL&
MONTH&
AUG&
SEP&
OCT&
NOV&
DEC&
Milton Market Stats…
Last Month – April 2015
Sales
Actives
New Listings
269
315
386
% S / NL
(Current Month)
69.1%
Avg. Price
Med. Price
Avg. DOM
%List Price
$539,738
$500,000
14
99%
Year-to-Date – Jan to Apr 2015
Sales
Actives
735
1,144
% S / NL
(Last 12 Months)
64.3
Avg. Price
Med. Price
Avg. DOM
%List Price
$528,294
$498,500
17
99
% S / NL refers to the “Sales to New Listings” ratio – which is an overall measure of how
quickly homes are being sold compared to what’s new on the market, and an indicator of
the balance between the supply and the demand. Typically less than 25% is considered a
“Buyer’s Market”, and more than 55-60% is a “Seller’s Market”.
However, one part of the Milton market can be doing something totally different than
another, so it’s important to remember that it’s your SPECIFIC type of home that has its
OWN market that may have nothing at all to do with these numbers. It is good to look at
these numbers as compared to the rest of the year and the previous month to get clues
about the overall market.
DOM stands for “Days on Market” and % List Price shows how close the average home is
getting to their asking price.
Last Six Months of
Sales in Milton…
Now we’ll get to more specific sales of different properties right here in town. We can look
at the supply, demand, average and median prices, plus the days on market to see how
properties like ours are doing in the marketplace.
How does your home compare? Just give us a call at 905-693-9346,
and we can give you a customized Pin Point Price Analysis of exactly
what your home is worth in today’s market, with a written guarantee.
Condo Townhouses
Month
Sales
New
Listings
Av. Price
Med. Price
% Sales to
Avg. % List Avg. DOM
New Listings
November
6
6
$285,833
$282,000
100
100
21
December
6
5
$293,283
$298,850
100+
97
31
January
7
7
$301,236
$292,400
100+
97
38
February
4
5
$300,688
$306,875
80
98
13
March
6
11
$306,833
$315,750
54.6
100
17
April
20
15
$342,767
$322,625
100+
100
13
Condo Apartments
Month
Sales
New
Listings
Av. Price
Med. Price
% Sales to
Avg. % List Avg. DOM
New Listings
November
9
7
$299,667
$285,000
100+
98
38
December
3
3
$314,667
$284,000
100
98
34
January
4
12
$261,375
$254,250
33.3
96
20
February
8
15
$286,875
$269,000
53.3
99
24
March
14
20
$330,891
$345,495
70
99
26
April
13
18
$318,138
$322,500
72.2
98
24
Freehold Townhouses
Month
Sales
New
Listings
Av. Price
Med. Price
% Sales to
Avg. % List Avg. DOM
New Listings
November
49
45
$410,371
$406,000
100+
99
21
December
38
18
$417,421
$422,000
100+
99
22
January
29
35
$425,259
$435,000
82.8
100
20
February
38
28
$445,042
$438,750
100+
101
12
March
57
76
$422,125
$424,000
75
100
10
April
68
87
$433,298
$431,000
78.2
100
10
Semi-Detached
Month
Sales
New
Listings
Av. Price
Med. Price
% Sales to
Avg. % List Avg. DOM
New Listings
November
21
11
$453,010
$448,000
100+
99
19
December
8
5
$469,411
$458,750
100+
100
20
January
11
24
$465,273
$465,000
45.8
99
20
February
25
34
$480,333
$479,900
73.5
100
12
March
23
41
$480,257
$475,000
56.1
99
15
April
34
39
$481,791
$484,250
87.2
100
12
Detached
Month
Sales
New
Listings
Av. Price
Med. Price
% Sales to
Avg. % List Avg. DOM
New Listings
November
62
90
$570,861
$560,000
68.8
99
23
December
43
50
$602,429
$570,000
86.0
98
41
January
40
118
$547,065
$541,500
33.9
99
17
February
87
102
$645,196
$612,000
85.3
97
25
March
109
200
$629,763
$600,000
54.5
99
18
April
133
226
$660,400
$625,625
58.9
99
16
Why Choose Us To Help You?
Here’s our team. You may have heard of us. We do a lot of business in
Milton. In fact, we’re ranked in the Top 100 Realtors in Canada, helping a
client move once every four days.
Melissa
Chuck
Shaleni
Semone
Annette
Jodi
Broker
Realtor
Realtor
Realtor
Marketing
Client Care
But you won’t see billboards or bus shelters with our names all over. If you
imagine the best restaurant you’ve ever visited, they probably don’t do a lot of
advertising. They deliver serious quality service and food, and let the word
spread. That’s exactly what we believe. Branding is about the feeling people
get when they think of you.
We listen carefully to your needs, and tell you the truth right from the start.
We’ll give you the right advice to “enhance” your home, not “stage” it.
Even though we don’t do a lot of “image”-based marketing, we DO believe in
showcasing a home properly. Our Milton Daily Homes daily videos have been
viewed more than two million times over the last four years, and it’s a great
vehicle to showcase YOUR home. We understand social media, and we have
extensive offline marketing that gets results in about half the time our
competition takes to sell. Getting you more money in less time and being
proactive.
Then, we’ll stay in touch to make sure all the details are handled, like a
concierge. There will be six full-time staff making sure all the i’s are dotted
and the t’s are crossed. We’ll take care of your food on closing day, and stay
in touch if there are any issues. Then long after the transaction is over, we’ll
be right there with you, inviting you to learning seminars, family events and
showing our appreciation for years to come.
If that sounds like the kind of experience you would enjoy, then just give us a
call at 905-693-9346. Let’s see how we can help you.
Here’s What People Are
Saying About Us...
“Glenn, Ginger and I would like to thank Chuck
and the team of people who helped this come to
pass. All the hard work, professionalism and
ingenuity paid off BIG TIME!! We are so thankful. As Chuck
knows, my husband was the one who did the homework and unequivocally
decided on The Charlton Advantage Team. He intuitively knew this was our
number one choice. NOW, I have to listen to him go on about that... but he
was right. Haha! You know, I don't think I will ever forget the day Glenn
started to look for the right person to sell our home. When he was done, he
handed me a list of four names and yours was at the top. I asked him if the
names were in order of preference and he said 'for sure, this Chuck guy is the
best one'. 'He's the one'. So Glenn's instincts were on full alert and it proved to
be true.
You entitled our home 'simply the best'... that holds true for you. You have a
wisdom and patience that makes you much an ('old soul') older then your
years. Like you've already learned life's lessons and your living by a certain
code of ethics that's just don't see very often any more. We have learned
from you, and we will take this experience with is for a long time, if not
forever. You are simply the best!! We thank you for your professional and
well thought out implementation of the marketing and sale of our place. I'm
going to miss you when this is all over. Thanks for being a great person to do
business with.”
- Cari Kovachik, Milton Citizen of the Year
Broke Record for highest sale ever in new Milton
1554 Jarvie Crescent, Sold for $939,000 June 2012
“We didn’t have to wait for a reply back to any
question we may have had. We were impressed
with the constant contact and feedback regarding
our showings and being kept up-to-date with
current sales in our area for homes that were
similar to ours. You are a friendly team, efficient, honest, wellorganized, helpful, knowledgable and personable. Your website is great and
easy-to-use, and you provided many advertising opportunities/services and a
home staging service. We liked knowing that our sales rep was very
knowledgable regarding current sales trends in the area. I can’t think of
anything you could do to improve. Providing dinner on moving day really was
a nice touch! We really appreciated the efficient services from the whole
team. We really enjoyed working with your team.
- The Osborne Family
“I just wanted to send you a quick note to thank
you for your tact, diplomacy and above all your
compassion during what is a bitter sweet time for
me. You seemed to read how hard this was for me
and made the situation bearable. Once again thank you and
after all that has transpired over the past few months in my life the one thing I
can say without reservation is I chose the right people to sell my home. This
includes your entire team.”
- Linda Bugliarisi
“Chuck and his team ensure you have such a
positive experience with them, they actually
GUARANTEE it! He even pinpointed the type of
buyer that would purchase our home before it
happened. We bought and sold with the Charlton Advantage Team
(Royal LePage) and had such an awesome experience, we wanted to share it
here.
From the moment we met Chuck, we knew we made the right choice. He was
extremely knowledgeable with the market/comparables and had a realistic
price point for our home. When it came time to negotiate with the
buyer/agent, he worked hard and got us an amazing price. He was always
reachable by email/phone/text and always made sure we were kept up to date
on our listing.
Jennifer was personable and such a pleasure to work with when seeing
homes. She ensured we paid a fair price for our new home and even attended
the entire home inspection. The stress of buying AND selling was decreased
because of the Charlton Team. Even when we bought before we sold... which
we said we wouldn't do.... Chuck was still very confident when our house
would sell and for how much, and he was exactly right. Our first offer was a
low-ball offer, and Chuck was able to know exactly how we’d feel, our reaction
and the outcome of that situation. He’s very in tune to his clients.
Based on previous experiences with other Realtors, we recommend this team
to ANYONE that is looking for a Realtor to buy and/or sell. There are a lot of
Realtors you can choose in Milton but if you want the best, choose
the Charlton Advantage Team. We would never hesitate to use them again
and are 100% confident that anyone that hires them will be 110% satisfied.
All of our expectations were met – above & beyond!”
- Danielle and Frank
“Working with Chuck & Melissa has been a blessing. They offer knowledge,
expertise, & the best customer service that money just cannot buy. We
achieved MAXIMUM results in the sale and purchase of our home and could
not have asked for a better team to get the job done!
Chuck & Melissa always went above and beyond the call of duty and did
everything in their power to obtain the best results for us as their clients. They
are very patient and kind throughout all the “turbulent” times. They were such
a great help when getting through those obstacles. They are excellent
communicators and are diligent with explaining each and every step in a very
“easy to understand” manner. We learned SO much from them and we
truly believe we wouldn’t have received the same
service with anyone else (we can confirm from
previous experience – we definitely learned that
“less is not more”). As well, you couldn’t ask for
nicer “neighbours-next-door” kind of people.
Working with the Charlton Team (including Liane & Jenna) was a GREAT
experience and we will DEFINITELY be recommending them to friends/family
and using them again! No one compares to Chuck & Melissa, they are an
“A1” team that can’t be beat! I want to thank you for all your efforts in helping
us get achieve the BEST results in this whole process.”
- Rachelle and Evan
“When this process started I was so afraid that it would take forever and would
be very stressful. I know that it is not completely over, but your
hard
work and professionalism have taken so much
stress out of my life. I am looking forward to giving you an
excellent referral.”
- Rebecca M.
“When we made the decision to start looking for a new home, we weren’t quite
sure where to start or what we needed to do. We reached out to Chuck and
he took the time to sit down with us and go through the entire process of
buying and selling, and tailored a plan of action to suit our needs. Throughout
the process of buying our new home and selling our old home, the Charlton
Team has been there to support us 100%. The negotiation phases of both our
purchase and sale were handled with the utmost professionalism. And when
it was done, we had so much fun celebrating the day we sold the house.
Having the Charlton Team in our corner put our
minds completely at ease knowing what strong
and dedicated representation we had. What could
have been a lengthy and complex process was
greatly simplified and shortened through having
an extremely knowledgeable and supportive team
on our side. So if you find yourself considering buying or selling a
home, do yourself a favour and give yourself the only advantage you will
need, the Charlton Advantage.”
- Candice and Adam
“I discovered the Team on Milton Daily Homes. I found that your expertise on
Milton properties was very helpful and I loved the daily updates. When we
were selling and buying. The accessibility to the Team was an asset. If I
needed a question answered or information you were always there. The
constant feedback throughout the process was valuable. I was shocked on
the day we moved in that you provided pizza and drinks and wings – that was
awesome! Your service is stellar, what a lovely surprise!
It’s nice to know that your services continue well
after the sale of our home, and that we weren’t
forgotten. You actually care! Your clients mean
more to you than a simple transaction. Thank you for all
your help throughout our selling process and for all your support. This was
such a fabulous experience and Sean and I were so impressed with your
professionalism. You provided helpful tips throughout and we loved the handy
manual presented to us. We are very proud to be part of your Charlton
Advantage Family. We loved working with you. Go Team Charlton – you
ROCK!”
- Angelica DiPasqua and Sean Cillis
“We have had a fabulous experience working with
the Team on both the purchase of our new home
and the sale of our current home. Chuck is extremely
knowledgeable, very professional, and an all around nice guy. Jennifer is an
absolute gem - so very patient, friendly and helpful. If you are looking to
buy/sell in Milton, these are, without a doubt, the people you should hire.”
- Renee and Andrew
“We worked with the team before and had a great
experience – we liked the approach and personal
feel. Chuck understood my requirements and fulfilled them exactly. He
helped eliminate stress using an analytical approach – specifically, showing
me the condo that I eventually bought and also comparing it to the other
contenders that same day made the decision easier. What stands out most to
me is the care with which Chuck handled our situation and the attention to
detail. The Charlton Team goes the extra mile and they are all very diligent!
Once again, thank you for handling the trifecta of two purchases plus a home
sale and coming out with a win all-around, and matching the timing of
everything perfectly.”
- Rohan Cherian
“We had watched “Milton Daily Homes” for some time while we were
preparing our home to sell. We had listed the house previously with another
well-known agent in the area with unsatisfactory results. Chuck’s advise on
repairs and fix-ups, and Liane’s “Home Enhancement” plan, combined with
excellent real estate photos, made all the difference to our sale.
We sold it quickly for the price we wanted, and there
were NO
communication problems during the process. No
matter who we dealt with on the team, everyone
seemed to be well-informed and ready to help.
Chuck and his team are professional and efficient. They listen well and they
make sure each step of the process is clear to the seller. We think everyone
on the team is genuinely focused on producing results for each client.”
- Mike and Cindy
“Prior to listing our house we met with four realtors from various agencies.
What made Chuck and his team stand out to us was his willingness to give us
suggestions on how to stage our house even though we weren't his clients
He helped priced our
house according to what was on the market at that
time. Every other Realtor suggested pricing our
house ONLY according to what had sold recently.
yet, and also his marketing strategy.
Chuck’s suggestion was the best in our opinion because our house sold within
2 days of being put on the market for the full asking price! Chuck listened to
our situation, thoughts and concerns and he came through. Our selling
process was quick and painless. Exactly what we wanted!”
- David and Sarah Smith
!
!
Find Out What Homes Are
REALLY Selling For In Milton…
If you’re curious about what the neighbour
sold for, or if you’d like to know what
homes like yours are going for, it’s easy to
get more information.
MiltonPriceReportONLINE.com has all of
the details, including links to individual
sales through the MLS system, categorized
by house type. Whether you have a
detached, condo or rural property, it’s all
there.
Plus you get instant access to the PDF of
the Milton Price Report for the month and a
monthly video walkthrough that gives you
an inside perspective on the Milton market.
It’s like having the teacher’s edition of your
high school algebra book!
PDF and VIDEO versions of the Report available online at:
MiltonPriceReportONLINE.com
Here’s Three Easy
Next Steps...
You've made a smart decision to request the “Milton House
Prices Report”. With this information, you’ll have a basic idea
about what your home might sell for if you decide to put it on the
market in the next few months.
Here are 3 FREE services you may want to take advantage of right now:
First, is our FREE “Pin-Point Price” Analysis, where we can take a
closer look at your house and prepare a very specific price for your home.
This price will be much more precise than the general range we’ve
included here – and we can guarantee in writing to sell your house when
listed at the “Pin-Point Price” in less than 60 days.
Second, is our FREE “Room-by-Room Review”, where we make
specific recommendations about which fix-ups or improvements you
should (and shouldn’t) do to prepare your home for sale. We’ll point out
the lowest cost, highest return improvements you can make to help sell
your house quickly and for more money.
Third – if you’d like, we’ll include your house in our “Silent Market” of
homes that are not yet on the market, and because we generate so much
buyer interest from our website, advertising and marketing – we may be
able to find a buyer for your house without even putting it on the market…
saving you both time and money.
These 3 services are free, each takes less than an hour, and we can arrange a time in the
evening or Saturday, whatever is most convenient for you.
Take a look at the information I’ve included here, then either call me at 905-693-9346 or
send me an email at [email protected] and we’ll schedule a time to get
together.
Best wishes, and thanks for reading this month’s report!
!