{"id":1558,"date":"2014-10-06T13:58:38","date_gmt":"2014-10-06T17:58:38","guid":{"rendered":"https:\/\/steveroblin.com\/?p=1558"},"modified":"2023-11-28T16:21:29","modified_gmt":"2023-11-28T21:21:29","slug":"hamilton-burlington-real-estate-new-record-set","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/hamilton-burlington-real-estate-new-record-set\/","title":{"rendered":"Hamilton & Burlington Real Estate – New Record Set!"},"content":{"rendered":"

The REALTORS\u00ae\u00a0Association of Hamilton-Burlington (RAHB) reported 1286 property sales processed through the RAHB Multiple Listing Service\u00ae\u00a0(MLS\u00ae) system in September.\u00a0 This represents a seven per cent increase in sales compared to September of last year.\u00a0<\/span>
\nThere were 2017 properties listed in September, an increase of 2.3 per cent over the same month last year.\u00a0 End-of-month listing inventory was 10.3 per cent lower than last year at the same time.<\/p>\n

\u201cSales were the highest we\u2019ve seen for the month of September, ever,\u201d said RAHB President Tim Mattioli. \u201cThe strong market seen through the summer is continuing into the fall.\u201d<\/p><\/blockquote>\n

Seasonally adjusted* sales of residential properties were less than one per cent higher than the same month last year, with the average sale price up 5.3 per cent for the month.\u00a0 Seasonally adjusted numbers of new listings were 1.7 per cent lower than the same month last year.
\nSeasonally adjusted data for residential properties for the month of September, 2014:
\n\"Seasonally\"<\/a>
\n 
\nActual overall residential sales were 6.7 per cent higher than the previous year at the same time.\u00a0 Residential freehold sales were four per cent higher than last year while sales in the condominium market saw an increase of 19.9 per cent.<\/p>\n

\u201cThe condominium market in particular saw a big jump in sales,\u201d said Mattioli.\u00a0 \u201cWith new listings at about the same level as last year and sales being almost 20 per cent higher than last year, there were considerably fewer condo listings in inventory at the end of the month.\u201d<\/p><\/blockquote>\n

The average price of freehold properties showed an increase of 4.8 per cent compared to the same month last year; the average sale price in the condominium market increased 17 per cent when compared to the same period last year.
\nThe average sale price is based on the total dollar volume of all properties sold in the RAHB market area.\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.
\nThe average days on the market decreased from 44 to 38 days in the freehold market and increased from 42 to 44 days in the condominium market when compared to the same month last year.
\nYear to date, listings are 1.9 per cent higher than the same January-to-September period a year ago.\u00a0 Sales are 6.4 per cent higher and the average sale price is 5.5 per cent higher for the period.
\n\"Comparison\"<\/a>
\n 
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\n 
\nEvery 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.
\n\"RAHB<\/a>
\n 
\n*Seasonal adjustment removes normal seasonal variations, enabling analysis of monthly changes and fundamental trends in the data.
\n <\/p>\n","protected":false},"excerpt":{"rendered":"

The REALTORS\u00ae\u00a0Association of Hamilton-Burlington (RAHB) reported 1286 property sales processed through the RAHB Multiple Listing Service\u00ae\u00a0(MLS\u00ae) system in September.\u00a0 This represents a seven per cent increase in sales compared to September of last year.\u00a0 There were 2017 properties listed in September, an increase of 2.3 per cent over the same month last year.\u00a0 End-of-month listing […]<\/p>\n","protected":false},"author":3,"featured_media":128,"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-1558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-posts"],"acf":[],"yoast_head":"\nHamilton & Burlington Real Estate - New Record Set! 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