NOVEMBER 2015 Statistics Sales Report is in, and for the fourth
month in a row, the monthly sales record has been broken!
November 2015 Stats from the Hamilton - Burlington Real Estate Board (RAHB - Realtors Association of Hamilton Burlington) which covers many areas including Dundas, Ancaster, Stoney Creek, Glanbrook, Caledonia, Waterdown, Grimsby Ontario, to name a few, report 1262 property sales, which is a 15.1% increase in sales compared to November 2014, and 23.8% higher than the 10 year average!
This was also a record for the month of November and the fourth month in a row that a record was set. There were 1340 properties listed for sale in November, which is an increase of 2.8% over last November.
The average days on the market decreased from 41 to 35 days in the Freehold Real Estate Market and from 38 to 35 days in the Condominium Market over the same month last year. Year to date sales are 11.3% higher compared to the same period last year and listings are 6.2% higher than last year. The average sale price is 8.4% higher for the same period.
Dundas is a lovely town, perfect for families, just next toWest Hamilton, less than a 15-minute drive fromMcMaster University and McMaster Childrens Hospital. Right now, there are a total of just 27 detached houses for sale in Dundas. Two of those 27 are already under contract just waiting for conditions to be fulfilled (most probably conditions on financing, home inspection, and insurance).
E-mail me now if you want this list!Prices range from a low of $285,000 for a small 2 bedroom home to just over a million for a fully renovated Luxury House right downtown Dundas.Out of the 25 current MLS listings for sale, there are just 13 with 3 or more bedrooms, 2 or more full bathrooms, and an attached garage, and the prices for these are starting just over $500,000.
Just starting to look for a house, home or condo? An easy way to stay educated on what is for sale, especially if you are just starting to think about moving in the next 6-12 months, is to Click HEREand sign up for the Weekly MarketWATCH Newsletter and have every new listings sent to you every week!
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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