{"id":2160,"date":"2016-06-03T17:33:10","date_gmt":"2016-06-03T21:33:10","guid":{"rendered":"https:\/\/steveroblin.com\/?p=2160"},"modified":"2023-11-28T16:21:18","modified_gmt":"2023-11-28T21:21:18","slug":"hamilton-real-estate-record-sales-again-may-statistics","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/hamilton-real-estate-record-sales-again-may-statistics\/","title":{"rendered":"Hamilton Real Estate &#8211; Record Sales (again) May statistics"},"content":{"rendered":"<div class=\"page\" title=\"Page 1\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 1\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<a href=\"https:\/\/steveroblin.com\/hamiltonrealestate02-15\/judy-marsales-steve-roblin-rahb\/\" rel=\"attachment wp-att-1592\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1592\" src=\"https:\/\/steveroblin.com\/wp-content\/uploads\/2015\/02\/Judy-Marsales-Steve-Roblin-Rahb.gif\" alt=\"Judy Marsales - Steve Roblin - Rahb\" width=\"144\" height=\"120\" \/><\/a>\n<\/div>\n<\/div>\n<div class=\"layoutArea\">\n<div class=\"column\">\n<strong>Record Sales for the Month of May<\/strong><br \/>\n(June 3, 2016 \u2013 Hamilton, Ontario) The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 1,844 sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) System in May. Sales were two per cent higher than the same month last year and set a new record for the month of May.<br \/>\nThere were <strong>2,265 properties listed in May, a decrease of 13.4<\/strong> per cent compared to May of last year, and 4.1 per cent lower than the 10-year average.<br \/>\n\u201cRecord sales for the month combined with relatively few new listings has left us with only a little over a month\u2019s worth of residential inventory,\u201d said RAHB CEO George O\u2019Neill. \u201cThis seller\u2019s market shows no signs of slowing down.\u201d<br \/>\nSeasonally adjusted* sales of residential properties were 8.5 per cent lower than the same month last year, with the average sale price up 10.1 per cent for the month. Seasonally adjusted numbers of new listings were 17.9 per cent lower than May of 2015.<br \/>\nActual overall residential sales of 1,777 units were 1.5 per cent higher than the same month last year. Residential freehold sales were 2.1 per cent higher than May of 2015 while sales in the condominium market decreased by almost one per cent.<br \/>\nThe <strong>median price of freehold properties increased by 12.1 per cent<\/strong> over the same month last year while the median price for condominium properties increased by 13.6 per cent compared to the same period.<br \/>\nThe <strong>average price of freehold properties showed an increase of 11.1 per cent<\/strong> compared to May of last year; the average sale price in the condominium market increased by 11.5 per cent when compared to the same period.<br \/>\nThe <strong>average days on market decreased from 32 to 22 days<\/strong> in the freehold market and from 31 to 25 days in the condominium market, compared to May of last year.<\/p>\n<h2><strong>**End of month listing inventory deceased by 41.4 per cent\u00a0over<\/strong> the same month last year**<\/h2>\n<p>\u201c<strong>Using a REALTOR\u00ae<\/strong> for a home sale or purchase is always a good idea but it\u2019s <strong>especially important<\/strong> in a market this hot,\u201d noted RAHB President Kim Alvarez. \u201cA REALTOR\u00ae has the expertise and skills to help sellers and buyers get the best outcome on such a huge investment.\u201d\n<\/div>\n<p>Call me today!<br \/>\nSteve Roblin<br \/>\nSales Representative<br \/>\nJudy Marsales Real Estate Brokerage LTD.<br \/>\n905 522 3300\n<\/p><\/div>\n<p><a href=\"https:\/\/steveroblin.com\/hamilton-real-estate-november-2015-another-sales-record\/judymarsaleslogo\/\" rel=\"attachment wp-att-144\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-144\" src=\"https:\/\/steveroblin.com\/wp-content\/uploads\/2011\/01\/judymarsalesLOGO.jpg\" alt=\"judymarsalesLOGO\" width=\"228\" height=\"85\" \/><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Record Sales for the Month of May (June 3, 2016 \u2013 Hamilton, Ontario) The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 1,844 sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) System in May. Sales were two per cent higher than the same month last year and set a new record for the month of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1592,"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-2160","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-posts"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hamilton Real Estate - Record Sales (again) May statistics - 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-record-sales-again-may-statistics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hamilton Real Estate - Record Sales (again) May statistics - Steve Roblin\" \/>\n<meta property=\"og:description\" content=\"Record Sales for the Month of May (June 3, 2016 \u2013 Hamilton, Ontario) The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 1,844 sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) System in May. 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