{"id":791,"date":"2012-11-05T13:23:18","date_gmt":"2012-11-05T18:23:18","guid":{"rendered":"https:\/\/steveroblin.com\/?p=791"},"modified":"2023-11-28T16:23:10","modified_gmt":"2023-11-28T21:23:10","slug":"hamilton-real-estate-10-12","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/hamilton-real-estate-10-12\/","title":{"rendered":"Hamilton Real Estate – October Statistics"},"content":{"rendered":"

(November 5, 2012 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported the residential market saw an 11.9 per cent increase in average sale price in October compared to the same month last year.\u00a0\u00a0\u00a0 The median sale price also saw gains over October of last year.
\nSeasonally adjusted* sales of residential properties were 9.4 per cent lower than the same month last year, with the average sale price up 9.9 per cent for the month.\u00a0 Seasonally adjusted numbers of new listings were 7.8 per cent lower than the same month last year.
\nSeasonally adjusted data for residential properties for the month of October:<\/p>\n\n\n\n\n\n\n\n
Seasonally Adjusted
\nResidential Only<\/span><\/td>\n		\n
Percentage change compared to\u00a0<\/span><\/div>\n<\/td>\n<\/tr>\n
\n
Oct\/12<\/span><\/div>\n<\/td>\n
\n
Sep\/12<\/span><\/div>\n<\/td>\n
\n
\u00a0Aug\/12\u00a0<\/span><\/div>\n<\/td>\n
\n
\u00a0\u00a0Jul\/12<\/span><\/div>\n<\/td>\n
\n
\u00a0Jun\/12\u00a0\u00a0<\/span><\/div>\n<\/td>\n
\n
\u00a0Oct\/11<\/span><\/div>\n<\/td>\n<\/tr>\n
\nNew Listings<\/span><\/td>\n\n

1527<\/span><\/p>\n<\/td>\n

\n

-10.4%<\/span><\/p>\n<\/td>\n

\n

0.8%<\/span><\/p>\n<\/td>\n

\n

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

\n

-3.1%<\/span><\/p>\n<\/td>\n

\n

-7.8%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

1047<\/span><\/p>\n<\/td>\n

\n

1.8%<\/span><\/p>\n<\/td>\n

\n

-1.9%<\/span><\/p>\n<\/td>\n

\n

-1.8%<\/span><\/p>\n<\/td>\n

\n

-2.6%<\/span><\/p>\n<\/td>\n

\n

-9.4%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

$372,290<\/span><\/p>\n<\/td>\n

\n

1.0%<\/span><\/p>\n<\/td>\n

\n

0.0%<\/span><\/p>\n<\/td>\n

\n

4.3%<\/span><\/p>\n<\/td>\n

\n

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

\n

9.9%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Actual residential sales overall were 0.8 per cent lower than last year at the same time.\u00a0 The condominium market saw a slight gain in number of sales over last year while the freehold market saw a slight decline in sales with a 1.1 per cent decrease.\u00a0 The average sale price of freehold properties showed an increase of 14.8 per cent over the same month last year, while the condominium market experienced a small decrease of 2.5% when compared to the same period.
\nThe average sale price is based on the total dollar volume of all residential properties sold. \u00a0Average 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.
\nYear to date, the average sale price for residential units is 8 per cent higher for the first ten \u00a0months of this year compared to the same ten-month period last year.\u00a0 Numbers of residential property sales are down 5.5 per cent and new listings are down 13 per cent.
\nThe numbers for the month of October compared to October of last year:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
All Property Types \u2013 Actual\u00a0<\/span><\/td>\n\n

2011<\/span><\/p>\n<\/td>\n

\n

2012<\/span><\/p>\n<\/td>\n

\n

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

Listings<\/span><\/td>\n\n

1661<\/span><\/p>\n<\/td>\n

\n

1631<\/span><\/p>\n<\/td>\n

\n

-1.8%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

1104<\/span><\/p>\n<\/td>\n

\n

1108<\/span><\/p>\n<\/td>\n

\n

0.4%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

$338,797<\/span><\/p>\n<\/td>\n

\n

$381,874<\/span><\/p>\n<\/td>\n

\n

12.7%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

5096<\/span><\/p>\n<\/td>\n

\n

4103<\/span><\/p>\n<\/td>\n

\n

-19.5%<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Residential Only \u2013 Actual<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Listings<\/span><\/td>\n\n

1516<\/span><\/p>\n<\/td>\n

\n

1485<\/span><\/p>\n<\/td>\n

\n

-2.0%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

1062<\/span><\/p>\n<\/td>\n

\n

1054<\/span><\/p>\n<\/td>\n

\n

-0.8%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

$282,000<\/span><\/p>\n<\/td>\n

\n

$305,500<\/span><\/p>\n<\/td>\n

\n

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

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

$328,490<\/span><\/p>\n<\/td>\n

\n

$367,490<\/span><\/p>\n<\/td>\n

\n

11.9%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

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

\n

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

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

4176<\/span><\/p>\n<\/td>\n

\n

3307<\/span><\/p>\n<\/td>\n

\n

-20.8%<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Freehold Only \u2013 Actual<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Listings<\/span><\/td>\n\n

1269<\/span><\/p>\n<\/td>\n

\n

1221<\/span><\/p>\n<\/td>\n

\n

-3.8%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

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

\n

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

\n

-1.1%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

$308,000<\/span><\/p>\n<\/td>\n

\n

$333,500<\/span><\/p>\n<\/td>\n

\n

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

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

$347,467<\/span><\/p>\n<\/td>\n

\n

$398,873<\/span><\/p>\n<\/td>\n

\n

14.8%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

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

\n

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

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

3514<\/span><\/p>\n<\/td>\n

\n

2813<\/span><\/p>\n<\/td>\n

\n

-19.9%<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Condo Only \u2013 Actual<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Listings<\/span><\/td>\n\n

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

\n

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

\n

6.9%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

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

\n

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

\n

0.5%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

$235,990<\/span><\/p>\n<\/td>\n

\n

$248,500<\/span><\/p>\n<\/td>\n

\n

5.3%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

$256,275<\/span><\/p>\n<\/td>\n

\n

$249,876<\/span><\/p>\n<\/td>\n

\n

-2.5%<\/span><\/p>\n<\/td>\n<\/tr>\n

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

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

\n

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

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

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

\n

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

\n

-25.4<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Commercial Only \u2013 Actual<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Sales<\/span><\/td>\n\n

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

\n

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

\n

28.6%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Every community in RAHB\u2019s marketing area has their own localized residential market.\u00a0 Please refer to the accompanying chart for residential market activities in select areas of RAHB\u2019s jurisdiction.
\nFor more information about\u00a0<\/strong>specific statistics for your area, please do not\u00a0hesitate\u00a0to contact me.<\/strong>
\nSteve<\/p>\n","protected":false},"excerpt":{"rendered":"

(November 5, 2012 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported the residential market saw an 11.9 per cent increase in average sale price in October compared to the same month last year.\u00a0\u00a0\u00a0 The median sale price also saw gains over October of last year. Seasonally adjusted* sales of residential properties were 9.4 […]<\/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-791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-posts"],"acf":[],"yoast_head":"\nHamilton Real Estate - October 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-10-12\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hamilton Real Estate - October Statistics - Steve Roblin\" \/>\n<meta property=\"og:description\" content=\"(November 5, 2012 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported the residential market saw an 11.9 per cent increase in average sale price in October compared to the same month last year.\u00a0\u00a0\u00a0 The median sale price also saw gains over October of last year. 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