Mar 4, 2016 | MLS®, Stats & Technology |
RAHB Average Price by District – (#) Residential Unit Sales
Hamilton
Hamilton West, 10 – 12
Hamilton East, 23, 24, 27 – 29
Hamilton Centre, 13, 14, 20 – 22
Hamilton Mountain, 15 – 18, 25 & 26
Burlington, 30 – 36, 38
Outlying
Flamborough, 40, 43 – 45
Dundas, 41
Ancaster, 42
Waterdown, 46
Stoney Creek, 50 – 52
Glanbrook, 53
Grimsby, 54 -55
West Lincoln, 56
Smithville, 57
Dunnville, 61
Cayuga, 62
Calendonia/Hagersville, 63 & 70
Onieda/Seneca, 71 & 64
Rainham, 65
Canborough/Dunn, 60
Feb 5, 2016 | MLS®, Stats & Technology |
RAHB Average Price by District – (#) Residential Unit Sales
Hamilton
Hamilton West, 10 – 12
Hamilton East, 23, 24, 27 – 29
Hamilton Centre, 13, 14, 20 – 22
Hamilton Mountain, 15 – 18, 25 & 26
Burlington, 30 – 36, 38
Outlying
Flamborough, 40, 43 – 45
Dundas, 41
Ancaster, 42
Waterdown, 46
Stoney Creek, 50 – 52
Glanbrook, 53
Grimsby, 54 -55
West Lincoln, 56
Smithville, 57
Dunnville, 61
Cayuga, 62
Calendonia/Hagersville, 63 & 70
Onieda/Seneca, 71 & 64
Rainham, 65
Canborough/Dunn, 60
Feb 5, 2016 | MLS®, Stats & Technology |
Feb 5, 2016 | MLS®, Stats & Technology |
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 779 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in January. Sales were 9.3 per cent higher than the same month last year and four per cent higher than the 10-year average.
There were 1,248 properties listed in January, a decrease of 14.9 per cent compared to January of last year, and the lowest number of listings taken in a January for the last 10 years.
“Last month’s sales were like the weather in January – warmer than usual,” said RAHB CEO George O’Neill. “When you put higher than average sales with the lowest number of new listings in 10 years, you get a continued seller’s market to start the year. Currently there is less than three months of listing inventory to move forward toward the spring market.”
Seasonally adjusted* sales of residential properties were 12.3 per cent higher than the same month last year, with the average sale price up 7.5 per cent for the month. Seasonally adjusted numbers of new listings were 11.6 per cent lower than January of 2015.
Seasonally adjusted data for residential properties for the month of January, 2016:
Actual overall residential sales of 735 units were 7.8 per cent higher than the same month last year. Residential freehold sales were 9.2 per cent higher than January of 2015 while sales in the condominium market increased by less than one per cent.
The average price of freehold properties showed an increase of 8.6 per cent compared to January of last year; the average sale price in the condominium market increased by 1.3 per cent when compared to the same period.
The average sale price is based on the total dollar volume of all properties sold by RAHB members. 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. Contact a REALTOR® for information about your area or property.
The average days on market increased from 46 to 49 days in the freehold market and decreased from 51 to 50 days in the condominium market when compared to the same month the previous year.
“It is always advisable to use the services of a REALTOR® when you are listing or selling a home,” added O’Neill, “but it’s especially important in a prolonged seller’s market such as we are experiencing. REALTORS® can help home sellers price their homes appropriately for the market, and help home buyers compare and pay a fair market value for their new home.”
Every community in RAHB’s market area has its own localized residential market. Please refer to the accompanying chart.
*Seasonal adjustment removes normal seasonal variations, enabling analysis of monthly changes and fundamental trends in the data.
Established in 1921, the REALTORS® Association of Hamilton-Burlington (RAHB) represents more than 2,900 real estate brokers and sales representatives from Hamilton, Burlington and outlying areas. Members of the association may use the REALTOR® trademark, which identifies them as real estate professionals who subscribe to a strict code of ethics. The association operates the local Multiple Listing Service® (MLS®) and provides ongoing professional education courses for its members. Advertisements of local MLS® property listings and information about the services provided by a REALTOR® can be found at www.REALTOR.ca. More information about RAHB is available at www.rahb.ca.
Jan 11, 2016 | MLS®, Stats & Technology |
Jan 11, 2016 | MLS®, Stats & Technology |
RAHB Average Price by District – (#) Residential Unit Sales
Hamilton
Hamilton West, 10 – 12
Hamilton East, 23, 24, 27 – 29
Hamilton Centre, 13, 14, 20 – 22
Hamilton Mountain, 15 – 18, 25 & 26
Burlington, 30 – 36, 38
Outlying
Flamborough, 40, 43 – 45
Dundas, 41
Ancaster, 42
Waterdown, 46
Stoney Creek, 50 – 52
Glanbrook, 53
Grimsby, 54 -55
West Lincoln, 56
Smithville, 57
Dunnville, 61
Cayuga, 62
Calendonia/Hagersville, 63 & 70
Onieda/Seneca, 71 & 64
Rainham, 65
Canborough/Dunn, 60
Jan 11, 2016 | MLS®, Stats & Technology |
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 802 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in December of 2015. Sales were 1.3 per cent higher than the same month the previous year, 17.6 per cent higher than the 10-year average, and were a new record for the month of December. This is the fifth month in a row where the record for monthly sales has been broken.
“It has clearly been another exceptional month for real estate sales in the RAHB market area,” said RAHB CEO George O’Neill. “December sales are always among the lowest of the year because of the holidays and the weather, but this year’s sales were the highest ever for the month. It seems an appropriate way to end a year which saw so many previous sales records fall.”
There were 679 properties listed in December, a decrease of 3.4 per cent compared to December of the previous year.
Seasonally adjusted* sales of residential properties were 2.8 per cent higher than the same month of the previous year, with the average sale price up 9.1 per cent for the month. Seasonally adjusted numbers of new listings were virtually the same as the same month the year before.
Seasonally adjusted data for residential properties for the month of December, 2015:
Actual overall residential sales of 752 units were 1.9 per cent higher than the same month the year previous. Residential freehold sales were 3.2 per cent higher than the previous December while sales in the condominium market decreased by 3.4 per cent.
The average price of freehold properties showed an increase of 7.3 per cent compared to the same month the previous year; the average sale price in the condominium market increased by 18.8 per cent when compared to the same period.
The average sale price is based on the total dollar volume of all properties sold by RAHB members. 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. Contact a REALTOR® for information about your area or property.
The average days on market decreased from 45 to 41 days in the freehold market and from 53 to 36 days in the condominium market when compared to the same month the previous year.
Every community in RAHB’s market area has its own localized residential market. Please refer to the accompanying chart.
*Seasonal adjustment removes normal seasonal variations, enabling analysis of monthly changes and fundamental trends in the data.
Established in 1921, the REALTORS® Association of Hamilton-Burlington (RAHB) represents more than 2,800 real estate brokers and sales representatives from Hamilton, Burlington and outlying areas. Members of the association may use the REALTOR® trademark, which identifies them as real estate professionals who subscribe to a strict code of ethics. The association operates the local Multiple Listing Service® (MLS®) and provides ongoing professional education courses for its members. In addition, RAHB is an active participant in the Home Ownership Affordability Partnership (HOAP) and holds an annual auction in support of local charities. Advertisements of local MLS® property listings and information about the services provided by a REALTOR® can be found at www.REALTOR.ca. More information about RAHB is available at www.rahb.ca.
Dec 7, 2015 | MLS®, Stats & Technology |
(December 3, 2015 – Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,262 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in November. Sales were 15.1 per cent higher than the same month last year, 23.8 per cent higher than the 10-year average, and were a record for the month of November. This is the fourth month in a row where records for monthly sales have been broken.
There were 1,340 properties listed in November, an increase of 2.8 per cent compared to November of last year.
“Low inventory and a record number of sales for the month is a recipe for a continued seller’s market,” said RAHB CEO George O’Neill. “With only a little over two months of inventory, and a high sales to new listings ratio, we are continuing in the seller’s market that has persisted in our area .”
Seasonally adjusted* sales of residential properties were 18.9 per cent higher than the same month of the previous year, with the average sale price up 6.8 per cent for the month. Seasonally adjusted numbers of new listings were 1.7 per cent higher than the same month the year prior.
Seasonally adjusted data for residential properties for the month of November, 2015:
Actual overall residential sales of 1,211 units were 15.2 per cent higher than the same month last year. Residential freehold sales were 17.8 per cent higher than last November while sales in the condominium market increased by 4.5 per cent.
The average price of freehold properties showed an increase of nine per cent compared to the same month the previous year; the average sale price in the condominium market decreased by 0.8 per cent when compared to the same period.
The average sale price is based on the total dollar volume of all properties sold by RAHB members. 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.
“It’s interesting to note,” added O’Neill. “that while the overall average sale price is almost ten per cent higher than last year at this time, it has actually been fairly level since February. There’s been a little up and down movement in average price, but mostly within a $10,000 range, with the exception of August when we saw the highest average sale price for this year.”
The average days on market decreased from 40 to 36 days in the freehold market and from 39 to 34 days in the condominium market when compared to the same month the previous year.
Year to date, sales are 11.5 per cent higher compared to the same period last year; listings are 6.1 per cent higher than last year and the average sale price is 8.5 per cent higher for the period.
Every community in RAHB’s market area has its own localized residential market. Please refer to the accompanying chart for residential market activity in select areas in RAHB’s jurisdiction.
*Seasonal adjustment removes normal seasonal variations, enabling analysis of monthly changes and fundamental trends in the data.
Established in 1921, the REALTORS® Association of Hamilton-Burlington (RAHB) represents more than 2,900 real estate brokers and sales representatives from Hamilton, Burlington and outlying areas. Members of the association may use the REALTOR® trademark, which identifies them as real estate professionals who subscribe to a strict code of ethics. The association operates the local Multiple Listing Service® (MLS®) and provides ongoing professional education courses for its members. In addition, RAHB is an active participant in the Home Ownership Affordability Partnership (HOAP) and holds an annual auction in support of local charities. Advertisements of local MLS® property listings and information about the services provided by a REALTOR® can be found at www.REALTOR.ca. More information about RAHB is available at www.rahb.ca.
Dec 7, 2015 | MLS®, Stats & Technology |
Dec 7, 2015 | MLS®, Stats & Technology |
RAHB Average Price by District – (#) Residential Unit Sales
Hamilton
Hamilton West, 10 – 12
Hamilton East, 23, 24, 27 – 29
Hamilton Centre, 13, 14, 20 – 22
Hamilton Mountain, 15 – 18, 25 & 26
Burlington, 30 – 36, 38
Outlying
Flamborough, 40, 43 – 45
Dundas, 41
Ancaster, 42
Waterdown, 46
Stoney Creek, 50 – 52
Glanbrook, 53
Grimsby, 54 -55
West Lincoln, 56
Smithville, 57
Dunnville, 61
Cayuga, 62
Calendonia/Hagersville, 63 & 70
Onieda/Seneca, 71 & 64
Rainham, 65
Canborough/Dunn, 60
Nov 9, 2015 | MLS®, Stats & Technology |
(November 5, 2015 – Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,421 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in October. Sales were 13 per cent higher than the same month last year, 25.8 per cent higher than the 10-year average, and were a record for the month of October. This is the third month in a row where records for monthly sales have been broken.
There were 1,811 properties listed in October, a decrease of 1.4 per cent compared to October of last year.
“The Fall real estate market just keeps going in our area,” said RAHB CEO George O’Neill. “October is often a good month for sales, but it’s not usually this good.”
Seasonally adjusted* sales of residential properties were 18.9 per cent higher than the same month of the previous year, with the average sale price up 6.8 per cent for the month. Seasonally adjusted numbers of new listings were 1.7 per cent higher than the same month the year prior.
Seasonally adjusted data for residential properties for the month of October, 2015:
Actual overall residential sales of 1,363 units were 12.9 per cent higher than the same month last year. Residential freehold sales were 12.6 per cent higher than last October while sales in the condominium market increased by 14.3 per cent.
The average price of freehold properties showed an increase of 9.3 per cent compared to the same month the previous year; the average sale price in the condominium market increased by 5.7 per cent when compared to the same period.
The average sale price is based on the total dollar volume of all properties sold by RAHB members. 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.
“Listing inventory is still down across the board,” noted O’Neill. “Our sales-to-listings ratio is still firmly in the seller’s market range in the residential market. Inventory in the condominium market is particularly tight, with only a month and half’s inventory left.”
The average days on market decreased from 41 to 35 days in the freehold market and from 38 to 35 days in the condominium market when compared to the same month the previous year.
Year to date, sales are 11.3 per cent higher compared to the same period last year; listings are 6.2 per cent higher than last year and the average sale price is 8.4 per cent higher for the period.
Every community in RAHB’s market area has its own localized residential market. Please refer to the accompanying chart for residential market activity in select areas in RAHB’s jurisdiction.
*Seasonal adjustment removes normal seasonal variations, enabling analysis of monthly changes and fundamental trends in the data.
Established in 1921, the REALTORS® Association of Hamilton-Burlington (RAHB) represents more than 2,900 real estate brokers and sales representatives from Hamilton, Burlington and outlying areas. Members of the association may use the REALTOR® trademark, which identifies them as real estate professionals who subscribe to a strict code of ethics. The association operates the local Multiple Listing Service® (MLS®) and provides ongoing professional education courses for its members. In addition, RAHB is an active participant in the Home Ownership Affordability Partnership (HOAP) and holds an annual auction in support of local charities. Advertisements of local MLS® property listings and information about the services provided by a REALTOR® can be found at www.REALTOR.ca. More information about RAHB is available at www.rahb.ca.
Nov 9, 2015 | MLS®, Stats & Technology |
RAHB Average Price by District – (#) Residential Unit Sales
Hamilton
Hamilton West, 10 – 12
Hamilton East, 23, 24, 27 – 29
Hamilton Centre, 13, 14, 20 – 22
Hamilton Mountain, 15 – 18, 25 & 26
Burlington, 30 – 36, 38
Outlying
Flamborough, 40, 43 – 45
Dundas, 41
Ancaster, 42
Waterdown, 46
Stoney Creek, 50 – 52
Glanbrook, 53
Grimsby, 54 -55
West Lincoln, 56
Smithville, 57
Dunnville, 61
Cayuga, 62
Calendonia/Hagersville, 63 & 70
Onieda/Seneca, 71 & 64
Rainham, 65
Canborough/Dunn, 60
