{"id":4967,"date":"2019-11-01T10:54:09","date_gmt":"2019-11-01T14:54:09","guid":{"rendered":"https:\/\/steveroblin.com\/?p=4967"},"modified":"2020-02-07T08:38:11","modified_gmt":"2020-02-07T13:38:11","slug":"hamilton-burlington-october-real-estate-stats","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/hamilton-burlington-october-real-estate-stats\/","title":{"rendered":"Hamilton\/Burlington October Real Estate Stats"},"content":{"rendered":"<div class=\"et_post_meta_wrapper\">\n<h1 class=\"entry-title\">RAHB REALTORS\u00ae Release October 2019 Market Statistics<\/h1>\n<p class=\"post-meta\"><span class=\"published\">Nov 4, 2019<\/span>| <a href=\"https:\/\/www.rahb.ca\/category\/press-releases\/\" rel=\"category tag\">Press Releases<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.rahb.ca\/wp-content\/uploads\/2017\/02\/October_Stats.jpg\" alt=\"RAHB REALTORS\u00ae Release October 2019 Market Statistics\" width=\"1080\" height=\"675\" \/><\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Hamilton, ON (November 4, 2019) \u2013 <strong>The REALTORS\u00ae Association of Hamilton-Burlington (RAHB)<\/strong> reported 1,145 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service\u00ae (MLS\u00ae) System in October 2019. October sales are up from September and August, as well as up from October 2018 by 6.4 per cent. The average price for residential properties increased by 7.1 per cent from October 2018 to $602,029.<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p>\u201cThe RAHB market area experienced more activity in October with an increase in number of sales from last month, as well as from the previous year, which is good news for sellers,\u201d says RAHB President Bob Van de Vrande. \u201cThe number of new listings dropped by eight per cent compared to October 2018, and by nearly 12 per cent since last month, so there was less choice for buyers.\u201d<\/p><\/blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-16445 aligncenter\" src=\"https:\/\/www.rahb.ca\/wp-content\/uploads\/2019\/11\/NovemberGraph1.jpg\" sizes=\"(max-width: 788px) 100vw, 788px\" srcset=\"https:\/\/www.rahb.ca\/wp-content\/uploads\/2019\/11\/NovemberGraph1.jpg 788w, https:\/\/www.rahb.ca\/wp-content\/uploads\/2019\/11\/NovemberGraph1-768x420.jpg 768w\" alt=\"\" width=\"788\" height=\"431\" \/><\/p>\n<p>The number of sales for detached single family properties within the entire RAHB market increased by 10.9 per cent compared to the same month last year, and the average sale price increased by 6.6 per cent. Townhouse sales activity across the entire RAHB market area also increased from October 2018 by 6.8 per cent, and the average townhouse sale price increased by 8.7 per cent to $514,438. Apartment-style property sales decreased by 4.2 per cent from October 2018, and the average price increased by 3.4 per cent.<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p>\u201cHistorically, a move toward colder weather means activity slows. This October saw an increase in sales over September, which could be attributed to many different factors,\u201d says RAHB CEO Carol Ann Burrell. \u201cMarket statistics can be tricky to analyze \u2013 working with a local RAHB REALTOR\u00ae will help you navigate the numbers, as well as the communities they serve.\u201d<\/p><\/blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-16429 aligncenter\" src=\"https:\/\/www.rahb.ca\/wp-content\/uploads\/2019\/11\/Market-at-a-glance.jpg\" alt=\"\" width=\"712\" height=\"888\" \/><\/p>\n<p>Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS\u00ae have the experience, knowledge and tools to help buyers and sellers make those big decisions.<\/p>\n<p>&nbsp;<\/p>\n<p>*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. Talk to your local REALTOR\u00ae.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-16431 aligncenter\" src=\"https:\/\/www.rahb.ca\/wp-content\/uploads\/2019\/11\/residential-market-activity.jpg\" sizes=\"(max-width: 647px) 100vw, 647px\" srcset=\"https:\/\/www.rahb.ca\/wp-content\/uploads\/2019\/11\/residential-market-activity.jpg 859w, https:\/\/www.rahb.ca\/wp-content\/uploads\/2019\/11\/residential-market-activity-768x715.jpg 768w\" alt=\"\" width=\"647\" height=\"603\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-3944\" src=\"https:\/\/steveroblin.com\/wp-content\/uploads\/2019\/03\/SteveLogo-300x198.png\" alt=\"\" width=\"300\" height=\"198\" srcset=\"https:\/\/steveroblin.com\/wp-content\/uploads\/2019\/03\/SteveLogo-300x198.png 300w, https:\/\/steveroblin.com\/wp-content\/uploads\/2019\/03\/SteveLogo-768x507.png 768w, https:\/\/steveroblin.com\/wp-content\/uploads\/2019\/03\/SteveLogo-610x403.png 610w, https:\/\/steveroblin.com\/wp-content\/uploads\/2019\/03\/SteveLogo.png 833w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-3918\" src=\"https:\/\/steveroblin.com\/wp-content\/uploads\/2019\/02\/JudyLogo-300x198.png\" alt=\"\" width=\"300\" height=\"198\" srcset=\"https:\/\/steveroblin.com\/wp-content\/uploads\/2019\/02\/JudyLogo-300x198.png 300w, https:\/\/steveroblin.com\/wp-content\/uploads\/2019\/02\/JudyLogo-768x507.png 768w, https:\/\/steveroblin.com\/wp-content\/uploads\/2019\/02\/JudyLogo-610x403.png 610w, https:\/\/steveroblin.com\/wp-content\/uploads\/2019\/02\/JudyLogo.png 833w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>RAHB REALTORS\u00ae Release October 2019 Market Statistics Nov 4, 2019| Press Releases Hamilton, ON (November 4, 2019) \u2013 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 1,145 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service\u00ae (MLS\u00ae) System in October 2019. October sales are up from September and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":4968,"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":[4,7],"tags":[],"class_list":["post-4967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-posts","category-october2010"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hamilton\/Burlington October Real Estate Stats - 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-burlington-october-real-estate-stats\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hamilton\/Burlington October Real Estate Stats - Steve Roblin\" \/>\n<meta property=\"og:description\" content=\"RAHB REALTORS\u00ae Release October 2019 Market Statistics Nov 4, 2019| Press Releases Hamilton, ON (November 4, 2019) \u2013 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 1,145 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service\u00ae (MLS\u00ae) System in October 2019. 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