{"id":1044,"date":"2013-12-05T21:51:45","date_gmt":"2013-12-06T02:51:45","guid":{"rendered":"https:\/\/steveroblin.com\/?p=1044"},"modified":"2023-11-28T16:21:35","modified_gmt":"2023-11-28T21:21:35","slug":"hamiltonrealestate1113","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/hamiltonrealestate1113\/","title":{"rendered":"Hamilton Real Estate – November Statistics – Strong Real Estate Market Continues"},"content":{"rendered":"

(December 5, 2013 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 1078 properties sold through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) system in November.\u00a0 This represents an 11.1 per cent increase in sales over November of last year.<\/span><\/p>\n

There were 1298 properties listed in November, an increase of nine per cent over the same month last year.\u00a0 End-of-month listing inventory is 6.1 per cent lower than last year at the same time.<\/span>
\nFor the first time this year, the average sale price did not show an increase compared to the same month last year.\u00a0 The average sale price in the residential market was virtually the same as last November; a decrease in the average sale price in the commercial market accounted for an overall decrease in average sale price compared to last year.<\/span>
\n\u201cWe have become so used to seeing regular increases in average sale price that the slight drop in November seems out of place,\u201d said RAHB CEO Ross Godsoe. \u201cAnd in some ways it is \u2013 the commercial market has larger swings in price that can affect the overall picture.\u201d
\nSeasonally adjusted* sales of residential properties were 17.2 per cent higher than the same month last year, with the average sale price up two per cent for the month.\u00a0 Seasonally adjusted numbers of new listings were 13.4 per cent higher than the same month last year.<\/span>
\nActual overall residential sales were 13.2 per cent higher than the previous year at the same time.\u00a0 Residential freehold sales were 12.6 per cent higher than last year and the condominium market saw an increase of 15.6 per cent in sales.\u00a0 The average price of freehold properties showed an increase of less than one per cent over the same month last year; the average sale price in the condominium market decreased 3.7 per cent when compared to the same period last year.<\/span>
\nThe average sale price is based on the total dollar volume of all properties sold.\u00a0 Average sale price information can be useful in establishing long term trends, but should not be used as an indicator that specific properties have increased or decreased in value.<\/span>
\nThe average days on market decreased from 50 to 46 days in the freehold market and increased from 47 to 48 days in the condominium market.<\/span>
\nYear to date, listings are up 1.8 per cent compared to the same period last year, while sales are 2.7 per cent higher.\u00a0 The average sale price for the period is 6.5 per cent higher than the same period last year.<\/span>
\n\u201cThe real estate market in the Hamilton, Burlington and outlying areas continues to be a strong, stable market,\u201d added Godsoe. \u201cResidential sales are about seven per cent above the 10-year average for the month of November.\u201d<\/span>
\nFor more detailed information about your specific area please don’t hesitate to contact me.<\/p>\n

—<\/div>\n
Steve Roblin
\nSales Representative
\nJudy Marsales Real Estate Ltd. Brokerage
\n986 King Street West, Hamilton, Ontario
\n905-522-3300
\nhttps:\/\/steveroblin.com<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

(December 5, 2013 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 1078 properties sold through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) system in November.\u00a0 This represents an 11.1 per cent increase in sales over November of last year. There were 1298 properties listed in November, an increase of nine per cent over the […]<\/p>\n","protected":false},"author":3,"featured_media":119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-posts"],"acf":[],"yoast_head":"\nHamilton Real Estate - November Statistics - Strong Real Estate Market Continues - Steve Roblin<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/steveroblin.com\/hamiltonrealestate1113\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hamilton Real Estate - November Statistics - Strong Real Estate Market Continues - Steve Roblin\" \/>\n<meta property=\"og:description\" content=\"(December 5, 2013 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 1078 properties sold through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) system in November.\u00a0 This represents an 11.1 per cent increase in sales over November of last year. 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