{"id":1102,"date":"2014-01-12T09:59:30","date_gmt":"2014-01-12T14:59:30","guid":{"rendered":"https:\/\/steveroblin.com\/?p=1102"},"modified":"2023-11-28T16:21:34","modified_gmt":"2023-11-28T21:21:34","slug":"hamilton-real-estate-strong-december-sales","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/hamilton-real-estate-strong-december-sales\/","title":{"rendered":"Hamilton Real Estate – Strong December Sales"},"content":{"rendered":"

(January 7, 2014 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 743 property sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) system in December.\u00a0 This represents a 21.6 per cent increase in sales over December of last year.<\/span>
\nThere were 659 properties listed in December, a decrease of nine per cent over the same month last year.\u00a0 End-of-month listing inventory was 11.4 per cent lower than last year at the same time.<\/span>
\nThe average sale price of $369,212 was 7.1 per cent higher than last December.
\n\u201cNew listings were lower than last year,\u201d said RAHB CEO Ross Godsoe. \u201cand were also significantly lower than the 10-year average for the month of December.\u00a0 Conversely, sales for the month were not only higher than last year, but were also higher than the 10-year average.\u00a0 It\u2019s no surprise that our end of month inventory of listings is down double digits from last year at this time.\u201d\u00a0<\/span>
\nSeasonally adjusted* sales of residential properties were 11 per cent higher than the same month last year, with the average sale price up 9.5 per cent for the month.\u00a0 Seasonally adjusted numbers of new listings were 8.9 per cent lower than the same month last year.<\/span>
\nActual overall residential sales were 20.5 per cent higher than the previous year at the same time.\u00a0 Residential freehold sales were 16.5 per cent higher than last year and the condominium market saw an increase of 37.7 per cent in sales.\u00a0 The average price of freehold properties showed an increase of 11.3 per cent over the same month last year; the average sale price in the condominium market increased 11.4 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 55 to 52 days in the freehold market and from 52 to 47 days in the condominium market. \u00a0<\/span>
\nWe continue to witness a strong and stable local market. \u00a0For more detailed information on your local market do not hesitate to contact me today.<\/span>
\n\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

(January 7, 2014 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 743 property sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) system in December.\u00a0 This represents a 21.6 per cent increase in sales over December of last year. There were 659 properties listed in December, a decrease of nine per cent […]<\/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-1102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-posts"],"acf":[],"yoast_head":"\nHamilton Real Estate - Strong December Sales - 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\/hamilton-real-estate-strong-december-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hamilton Real Estate - Strong December Sales - Steve Roblin\" \/>\n<meta property=\"og:description\" content=\"(January 7, 2014 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 743 property sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) system in December.\u00a0 This represents a 21.6 per cent increase in sales over December of last year. 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