September 2014 Statistics are in and as the President of the Hamilton-Burlington Real Estate Board says, “Sales were the highest we’ve seen for the month of September, ever”! 1286 property sales were processed through The REALTORS® Association of Hamilton-Burlington (RAHB) Multiple Listing Service® (MLS®) system. That is 7% higher than September 2013. Properties listed for sale were also higher than last year by 2.3%, with a total of 2017 listed. Year to date, Residential House Sales were 6.7% higher over the same period in 2013, and Condominium Sales saw a huge increase of 19.9%. More and more people that are trying to buy a detached house in the area (especially Ancaster Dundas and Stoney Creek) are realizing that they can sometimes get a bigger home to live in for less money if they purchase a Condominium Townhouse. There are also more sales in Condo Apartments happening with the lack of 1 floor homes and condo townhomes available. In Ancaster, so far this year the Average Sales Price for Residential Freehold Properties is $535,827 with 428 properties sold. There were 100 Condominium sales so far this year in Ancaster and the Average Sales Price is $344,259. In Dundas Ontario, there were 72 Condo Sales with an average of $293,347 and 204 Freehold Sales with an average sales price of $444,813. The overall Average Sale Price year to date is 5.5% higher so far this year.
Contact Laura Doucette, Sales Representative for Sutton Group Innovative Realty Inc., Brokerage to help you with YOUR Search for Affordable Residential Homes Houses and Condo's and Get Information on Pricing, Sales and Market Conditions.
Note: Numbers of sales represents sales reported on properties listed on the Multiple Listing Service (MLS) of the REALTORS Association of Hamilton-Burlington. Average sale price is calculated by dividing the total dollar volume of sales (not shown) by the number of sales in that month.
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