{"id":2405,"date":"2017-01-05T18:51:06","date_gmt":"2017-01-05T23:51:06","guid":{"rendered":"https:\/\/steveroblin.com\/?p=2405"},"modified":"2023-11-28T16:21:15","modified_gmt":"2023-11-28T21:21:15","slug":"hamilton-real-estate-december-statistics-another-record-what-a-year","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/hamilton-real-estate-december-statistics-another-record-what-a-year\/","title":{"rendered":"Hamilton Real Estate December Statistics&#8230; another record &#8211; What a year!"},"content":{"rendered":"<div class=\"page\" title=\"Page 1\">\n<div class=\"layoutArea\">&nbsp;<\/div>\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=\"\" width=\"144\" height=\"120\"><\/a>SALES SET RECORD FOR DECEMBER<br \/>\nPRESS RELEASE \u2013 For immediate release January 5, 2017 (Hamilton, Ontario)<br \/>\nThe REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 904 sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) System in December. Sales were 13.1 per cent higher than the same month last year and set a new high for the month of December. This was the sixth month in 2016 to see a new monthly sales record.<br \/>\nThere were 714 properties listed in December, an increase of 3.8 per cent compared to December of last year and right on the 10-year average for new listings in the month.<br \/>\n\u201cConsumers were shopping for more than Boxing Day sales this year,\u201d said RAHB CEO George O\u2019Neill. \u201cDecember sales broke the record for December set only last year. The record sales for the month coupled with an average number of new listings means we are going into the new year with low inventory.\u201d<br \/>\nSeasonally adjusted* sales of residential properties were 5.5 per cent higher than the same month last year, with the average sale price up 13.7per cent for the month. Seasonally adjusted numbers of new listings were 1.1 per cent lower than December of 2015.<br \/>\nSeasonally adjusted data for residential properties for the month of December, 2016:\n<\/div>\n<\/div>\n<table>\n<colgroup>\n<col>\n<col> <\/colgroup>\n<tbody>\n<tr>\n<td colspan=\"2\" rowspan=\"1\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"column\">\nOverall residential sales of 849 units were 13.4 per cent higher than the same month last year. Residential freehold sales were 7.9 per cent higher than December of 2015 while sales in the condominium market were 36.9 per cent higher than the same month last year.\n<\/div>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"layoutArea\">\n<div class=\"column\">\n505 York Boulevard, Hamilton, Ontario, L8R 3K4 \u2022 T: 905.529.8101 \u2022 F: 905.529.4349 \u2022 info@rahb.ca \u2022 www.rahb.ca\n<\/div>\n<\/div>\n<\/div>\n<div class=\"page\" title=\"Page 2\">\n<div class=\"layoutArea\">\n<div class=\"column\">\nEmpowering REALTORS\u00ae to succeed since 1921 2\n<\/div>\n<\/div>\n<div class=\"layoutArea\">\n<div class=\"column\">\nThe median price of freehold properties increased by 18.4 per cent over the same month last year while the median price for condominium properties decreased by 15.7 per cent compared to the same period.<br \/>\nThe average price of freehold properties showed an increase of 15.5 per cent compared to December of last year; the average sale price in the condominium market decreased by 5.6 per cent when compared to the same period.<br \/>\nAverage sale price is based on the total dollar volume of all properties sold through the RAHB MLS\u00ae System. Average sale price 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. Contact a REALTOR\u00ae for information about your area or property.<br \/>\nThe average number of days on market decreased from 41 to 30 days in the freehold market and from 36 to 17 days in the condominium market, compared to December of last year.<br \/>\n\u201cClearly, home buyers \u2013 whether they are local or from outside our market area &#8211; are finding the Greater Hamilton-Burlington area an excellent place to invest their home-buying dollars,\u201d added O\u2019Neill.<br \/>\n&nbsp;\n<\/div>\n<\/div>\n<\/div>\n<div class=\"page\" title=\"Page 3\">\n<div class=\"layoutArea\">&nbsp;<\/div>\n<div class=\"section\">&nbsp;<\/div>\n<div class=\"layoutArea\">\n<div class=\"column\">\n<strong>For more detailed statistics of your area contact me anytime!<\/strong><br \/>\n<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=\"\" width=\"228\" height=\"85\"><\/a>\n<\/div>\n<\/div>\n<p>a REALTOR\u00ae can be found at REALTOR.ca. More information about RAHB is available at rahb.ca.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; SALES SET RECORD FOR DECEMBER PRESS RELEASE \u2013 For immediate release January 5, 2017 (Hamilton, Ontario) The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 904 sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) System in December. Sales were 13.1 per cent higher than the same month last year and set a new high [&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-2405","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 v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hamilton Real Estate December Statistics... another record - What a year! - 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-december-statistics-another-record-what-a-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hamilton Real Estate December Statistics... another record - What a year! - Steve Roblin\" \/>\n<meta property=\"og:description\" content=\"&nbsp; SALES SET RECORD FOR DECEMBER PRESS RELEASE \u2013 For immediate release January 5, 2017 (Hamilton, Ontario) The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 904 sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) System in December. 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