{"id":1110,"date":"2014-02-07T21:14:09","date_gmt":"2014-02-08T02:14:09","guid":{"rendered":"https:\/\/steveroblin.com\/?p=1110"},"modified":"2023-11-28T16:21:34","modified_gmt":"2023-11-28T21:21:34","slug":"hamiltonrealesate-02-14","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/hamiltonrealesate-02-14\/","title":{"rendered":"Hamilton Real Estate – Strong Sales Continue"},"content":{"rendered":"

Strong Sales Continue Through January<\/span><\/strong><\/p>\n

(February 6, 2014 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 781 property sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) system in January.\u00a0 This represents a 2.8 per cent increase in sales over January of last year.<\/span>
\nThere were 1496 properties listed in January, a decrease of 9.5 per cent from the same month last year.\u00a0 End-of-month listing inventory was 12.6 per cent lower than last year at the same time.<\/span>
\nThe average sale price of $395,445 was 9.3 per cent higher than last January.<\/span>
\n\u201cThe cold weather certainly didn\u2019t keep buyers away,\u201d said RAHB CEO Ross Godsoe. \u201cResidential sales are higher than both last year and the average for the last ten years.\u00a0 The lower inventory of listings coming out of last year and lower-than-average new listings in January kept the seller\u2019s market going.\u201d
\nSeasonally adjusted* sales of residential properties were 2.7 per cent higher than the same month last year, with the average sale price up 10.3 per cent for the month.\u00a0 Seasonally adjusted numbers of new listings were 4.4 per cent lower than the same month last year.<\/span>
\nSeasonally adjusted data for residential properties for the month of January, 2014:<\/span>
\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0<\/strong><\/span><\/span><\/p>\n\n\n\n
Seasonally Adjusted<\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Residential Only\u00a0\u00a0\u00a0<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/p>\n

Percentage change compared to<\/span><\/strong><\/div>\n
Jan\/14\u00a0\u00a0<\/span><\/strong><\/div>\n
Dec\/13<\/span><\/strong><\/div>\n
Nov\/13<\/span><\/strong><\/div>\n
Oct\/13<\/span><\/strong><\/div>\n
Sep\/13<\/span><\/strong><\/div>\n
Jan\/13<\/span><\/strong><\/div>\n

New Listings<\/span><\/p>\n

1464<\/span><\/p>\n

7.6%<\/span><\/p>\n

-8.1%<\/span><\/p>\n

-8.7%<\/span><\/p>\n

-12.3%<\/span><\/p>\n

-4.4%<\/span><\/p>\n

Sales<\/span><\/p>\n

1087<\/span><\/p>\n

-5.0%<\/span><\/p>\n

-10.7%<\/span><\/p>\n

-5.2%<\/span><\/p>\n

-11.6%<\/span><\/p>\n

2.7%<\/span><\/p>\n

Average Sale Price<\/span><\/p>\n

$398,619<\/span><\/p>\n

0.6%<\/span><\/p>\n

8.3%<\/span><\/p>\n

2.9%<\/span><\/p>\n

2.0%<\/span><\/p>\n

10.3%<\/span><\/p>\n

 
\n
\nActual overall residential sales were 3.6 per cent higher than the previous year at the same time.\u00a0 Residential freehold sales were 4.6 per cent higher than last year while the condominium market saw a decrease of just under one per cent in sales.\u00a0 The average price of freehold properties showed an increase of 11 per cent over the same month last year; the average sale price in the condominium market increased 6.3 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 increased from 53 to 54 days in the freehold market and from 55 to 56 days in the condominium market.<\/span>
\nThe numbers for the month of January, 2014 compared to January, 2013:<\/span>
\nAll Property Types<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a02013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a02014\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0 \u00a0\u00a0% Change<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/p>\n\n\n\n\n\n\n
Listings<\/span><\/td>\n\n

1653<\/span><\/p>\n<\/td>\n

\n

1496<\/span><\/p>\n<\/td>\n

\n

-9.5%<\/span><\/p>\n<\/td>\n<\/tr>\n

Sales<\/span><\/td>\n\n

760<\/span><\/p>\n<\/td>\n

\n

781<\/span><\/p>\n<\/td>\n

\n

2.8%<\/span><\/p>\n<\/td>\n<\/tr>\n

Average Sale Price<\/span><\/td>\n\n

$361,669<\/span><\/p>\n<\/td>\n

\n

$395,445<\/span><\/p>\n<\/td>\n

\n

9.3%<\/span><\/p>\n<\/td>\n<\/tr>\n

End of Month Listing Inventory<\/span><\/td>\n\n

3442<\/span><\/p>\n<\/td>\n

\n

3009<\/span><\/p>\n<\/td>\n

\n

-12.6%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Residential Only<\/span><\/strong><\/p>\n\n\n\n\n\n\n\n\n
Listings<\/span><\/td>\n\n

1486<\/span><\/p>\n<\/td>\n

\n

1349<\/span><\/p>\n<\/td>\n

\n

-9.2%<\/span><\/p>\n<\/td>\n<\/tr>\n

Sales<\/span><\/td>\n\n

716<\/span><\/p>\n<\/td>\n

\n

742<\/span><\/p>\n<\/td>\n

\n

3.6%<\/span><\/p>\n<\/td>\n<\/tr>\n

Median Sale Price<\/span><\/td>\n\n

$292,000<\/span><\/p>\n<\/td>\n

\n

$329,950<\/span><\/p>\n<\/td>\n

\n

13.0%<\/span><\/p>\n<\/td>\n<\/tr>\n

Average Sale Price<\/span><\/td>\n\n

$349,517<\/span><\/p>\n<\/td>\n

\n

$386,451<\/span><\/p>\n<\/td>\n

\n

10.6%<\/span><\/p>\n<\/td>\n<\/tr>\n

Average Days on Market<\/span><\/td>\n\n

53<\/span><\/p>\n<\/td>\n

\n

55<\/span><\/p>\n<\/td>\n

\n

\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

End of Month Listing Inventory<\/span><\/td>\n\n

2736<\/span><\/p>\n<\/td>\n

\n

2336<\/span><\/p>\n<\/td>\n

\n

-14.6%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Freehold Only<\/span><\/strong><\/p>\n\n\n\n\n\n\n\n\n
Listings<\/span><\/td>\n\n

1214<\/span><\/p>\n<\/td>\n

\n

1087<\/span><\/p>\n<\/td>\n

\n

-10.5%<\/span><\/p>\n<\/td>\n<\/tr>\n

Sales<\/span><\/td>\n\n

581<\/span><\/p>\n<\/td>\n

\n

608<\/span><\/p>\n<\/td>\n

\n

4.6%<\/span><\/p>\n<\/td>\n<\/tr>\n

Median Sale Price<\/span><\/td>\n\n

$313,000<\/span><\/p>\n<\/td>\n

\n

$359,000<\/span><\/p>\n<\/td>\n

\n

14.7%<\/span><\/p>\n<\/td>\n<\/tr>\n

Average Sale Price<\/span><\/td>\n\n

$368,674<\/span><\/p>\n<\/td>\n

\n

$409,075<\/span><\/p>\n<\/td>\n

\n

11.0%<\/span><\/p>\n<\/td>\n<\/tr>\n

Average Days on Market<\/span><\/td>\n\n

53<\/span><\/p>\n<\/td>\n

\n

54<\/span><\/p>\n<\/td>\n

\n

\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

End of Month Listing Inventory<\/span><\/td>\n\n

2285<\/span><\/p>\n<\/td>\n

\n

1926<\/span><\/p>\n<\/td>\n

\n

-15.7%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Condominium Only<\/span><\/strong><\/p>\n\n\n\n\n\n\n\n\n
Listings<\/span><\/td>\n\n

272<\/span><\/p>\n<\/td>\n

\n

262<\/span><\/p>\n<\/td>\n

\n

-3.7%<\/span><\/p>\n<\/td>\n<\/tr>\n

Sales<\/span><\/td>\n\n

135<\/span><\/p>\n<\/td>\n

\n

134<\/span><\/p>\n<\/td>\n

\n

-0.7%<\/span><\/p>\n<\/td>\n<\/tr>\n

Median Sale Price<\/span><\/td>\n\n

$254,900<\/span><\/p>\n<\/td>\n

\n

$266,250<\/span><\/p>\n<\/td>\n

\n

4.5%<\/span><\/p>\n<\/td>\n<\/tr>\n

Average Sale Price<\/span><\/td>\n\n

$267,071<\/span><\/p>\n<\/td>\n

\n

$283,797<\/span><\/p>\n<\/td>\n

\n

6.3%<\/span><\/p>\n<\/td>\n<\/tr>\n

Average Days on Market<\/span><\/td>\n\n

55<\/span><\/p>\n<\/td>\n

\n

56<\/span><\/p>\n<\/td>\n

\n

\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

End of Month Listing Inventory<\/span><\/td>\n\n

451<\/span><\/p>\n<\/td>\n

\n

410<\/span><\/p>\n<\/td>\n

\n

-9.1%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Commercial Only<\/span><\/strong><\/p>\n\n\n\n\n
Listings<\/span><\/td>\n\n

167<\/span><\/p>\n<\/td>\n

\n

147<\/span><\/p>\n<\/td>\n

\n

-12.0%<\/span><\/p>\n<\/td>\n<\/tr>\n

Sales<\/span><\/td>\n\n

44<\/span><\/p>\n<\/td>\n

\n

39<\/span><\/p>\n<\/td>\n

\n

-11.4%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Every community in RAHB\u2019s market area has its own localized residential market.\u00a0 Please refer to the accompanying chart for residential market activity in select areas in RAHB\u2019s jurisdiction.<\/span>
\n*Seasonal adjustment removes normal seasonal variations, enabling analysis of monthly changes and fundamental trends in the data.\u00a0<\/span>
\n<\/a><\/p>\n

For detailed information in your specific area please don’t hesitate to contact me.<\/strong><\/h2>\n","protected":false},"excerpt":{"rendered":"

Strong Sales Continue Through January (February 6, 2014 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 781 property sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) system in January.\u00a0 This represents a 2.8 per cent increase in sales over January of last year. There were 1496 properties listed in January, a […]<\/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-1110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-posts"],"acf":[],"yoast_head":"\nHamilton Real Estate - Strong Sales Continue - 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\/hamiltonrealesate-02-14\/\" \/>\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 Sales Continue - Steve Roblin\" \/>\n<meta property=\"og:description\" content=\"Strong Sales Continue Through January (February 6, 2014 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 781 property sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) system in January.\u00a0 This represents a 2.8 per cent increase in sales over January of last year. There were 1496 properties listed in January, a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/steveroblin.com\/hamiltonrealesate-02-14\/\" \/>\n<meta property=\"og:site_name\" content=\"Steve Roblin\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Steve-Roblin-Judy-Marsales-Real-Estate\/254458871237764\" \/>\n<meta property=\"article:published_time\" content=\"2014-02-08T02:14:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-28T21:21:34+00:00\" \/>\n<meta name=\"author\" content=\"Steve Roblin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@steveroblin\" \/>\n<meta name=\"twitter:site\" content=\"@steveroblin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Roblin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/steveroblin.com\/hamiltonrealesate-02-14\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/steveroblin.com\/hamiltonrealesate-02-14\/\"},\"author\":{\"name\":\"Steve Roblin\",\"@id\":\"https:\/\/steveroblin.com\/#\/schema\/person\/71afc1bccceacc7de16e423cc1f565ce\"},\"headline\":\"Hamilton Real Estate – Strong Sales Continue\",\"datePublished\":\"2014-02-08T02:14:09+00:00\",\"dateModified\":\"2023-11-28T21:21:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/steveroblin.com\/hamiltonrealesate-02-14\/\"},\"wordCount\":526,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/steveroblin.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/steveroblin.com\/hamiltonrealesate-02-14\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Posts\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/steveroblin.com\/hamiltonrealesate-02-14\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/steveroblin.com\/hamiltonrealesate-02-14\/\",\"url\":\"https:\/\/steveroblin.com\/hamiltonrealesate-02-14\/\",\"name\":\"Hamilton Real Estate - 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Strong Sales Continue - Steve Roblin","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/steveroblin.com\/hamiltonrealesate-02-14\/","og_locale":"en_US","og_type":"article","og_title":"Hamilton Real Estate - Strong Sales Continue - Steve Roblin","og_description":"Strong Sales Continue Through January (February 6, 2014 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 781 property sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) system in January.\u00a0 This represents a 2.8 per cent increase in sales over January of last year. 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