|Period||$ Change||% Change|
According to the most recent info on the real estate market of Milton, the average price of homes in Milton is $737,000. The most recent real estate reports on Milton carried out in April 2019 has shown that there has been monthly, quarterly and yearly increases in the average price at which homes are sold in Milton. The monthly percentile increase is 4%. The quarterly percentile increase is 1.2%, while the yearly increase is 2.9%.
Named after John Milton, a British poet, Milton is a town in Ontario that has received a lot of attention in recent times. The town of Milton has a population of 110,128, according to the census of 2016. Within the period of a decade, from 2001 to 2011, Milton was known as the fastest growing municipality in Canada. Within the first five years, there was a population increase of over 70%. During the latter five years, the population of Milton grew by over 50%. Milton which has been in existence for over 100 years went from being a town where farming and milling were the major activities to a town that has a multicultural appeal with facilities that support the lifestyle of different categories of residents. Milton is especially known as the boundary of notable attractions. The town of Milton is bounded on one of its edges by Niagara Escarpment. The town is also bounded by Bruce Trail. Niagara Escarpment is a notable UNESCO biosphere reserve. Apart from these natural attractions, Milton also has a wide range of recreational green land which enhance the recreational and residential appeal of the town. The cuisine of Milton is also part of the special appeal of the town. Milton is especially known for several local shops and restaurants.
The town of Milton has a unique historical appeal. Main St. Downtown Milton is one of the destinations within the town that displays the fullness of its cultural appeal. A number of restaurants and shops line this street. There are also several buildings that are even as old as the town on Main St. Downtown Milton. Several festivals and cultural activities are also hosted on this street which is the center of the historical appeal of the town.
Schools in Milton include public, Catholic and private elementary and secondary schools. These schools are run by the Halton District School Board and the Halton Catholic District School Board. There are plans to establish a satellite campus of Wilfrid Laurier University in Milton. The town of Milton has a young and well educated population. The workforce of Milton has been referred to as one of the youngest and most educated in the province. Over 50% of the population of Milton has post-secondary education. This population was attracted to the town because of the economic development it experienced. Major contributors to the economy of Milton include the tourism sector, the advanced manufacturing sector, the food production and distribution sectors .
For entertainment, residents and visitors of Milton can choose from options which include the different festivals to art exhibitions as well as other art-related activities. One can get a good feel of art and culture in Milton by attending any of the numerous activities typically held at The Milton Centre for the Arts. A major entertainment event that takes place in Milton is the Downtown Milton Street Festival which is held every summer. Downtown Milton Street Festival is a one-day event that is held in June and atracts about 80,000 visitors every year. Recreational hotspots of Milton that reflect the ample greenery include Milton Mill Pond. Milton Mill Pond has a waterfront gazebo within several walking trails within it. This popular recreational spot is also bounded by a forest, as well as other parks. Milton Farmers’ Market is a pride of the town. The Farmers’ Market which is held on Main St. takes place every Saturday from about 7 am to about noon.
As the population of Milton grew, the real estate market also became more active. Apart from the economic development that has occurred in Milton, people sought out homes in the town because of their general affordability. Persons seeking affordable homes within a location with notable accessibility find Milton especially appealing. Standard transportation facilities abound in Milton. These facilities include westbound GO Transit commuter train line. Highways that give easy accessibility to locations such as Oakville and Hamilton are also available within Milton. It is noteworthy that Toronto Pearson International Airport is within a short distance of Milton.
When the real estate market of Milton was compared with 22 other real estate markets in the Greater Toronto Area, it was ranked the 15th most expensive real estate market. Other rankings of the real estate market of Milton include the 6th fastest-growing real estate market, the 5th fastest-selling real estate market and the real estate market with the 8th highest turnover, all indications of how ell properties have performed on the real estate market of Milton.
There about 20 neighborhoods in Milton. These neighborhoods offer unique residential appeals based on their features and the kinds of homes that are located within them. The neighborhoods in Milton include Old Milton which is one of the oldest neighborhood with older and bigger homes. Fallingbrook is another old neighborhood of Milton which persons looking for older and bigger homes would find particularly appealing..
To provide more homes and cater to the increased population of Milton, new neighborhoods were developed in the 21st century with some of them still undergoing development. The newer neighborhoods of Milton include Dempsey, Coates, Walker, Harrison and Bowes. For persons particularly looking to experience the most of the natural recreational facilities of Milton, there are neighborhoods with homes that give a great view of the surrounding natural recreational facilities. Mountainview is one of such neighborhoods in Milton. Neighborhoods such as Valleyview are known for big and pricey homes as the neighborhood holds high-end residential properties. Real estate reports indicate that the hottest neighborhoods in Milton include Willmont, Campbellville and Harrison.
The homes in Milton include detached homes, condos and townhomes. The detached homes include those with two bedrooms, those with three bedrooms, those with four bedrooms, those with five bedrooms and those with six bedrooms. The townhomes in Milton include those with two bedrooms, those with three bedrooms and those with four bedrooms. There are condos with a single bedroom available on the real estate market of Milton. Condos with two bedrooms and condos with four bedroom are also available on the real estate market of Milton.
Last Updated on 29, June, 2022 [06:10 AM]