Housing market still healthy in Hamilton
It’s still a sellers’ market when it comes to buying a house in Hamilton, as the month of September saw a record number of home sales, according to the local real estate board.
Tim Mattioli, President of the Realtors Association of Hamilton-Burlington, said:
Although the number of properties listed this September were down from the previous year – 1.7 percent lower, in fact – the number of sales was up 2.3 percent. In addition, the average sale price for a home increased by 5.3 percent compared to 2013. The condo market was particularly strong, recording a 19.9 percent rise in sales.
With business running at such a strong pace, the Realtors Association of Hamilton-Burlington may decide to hire a printing company for the purposes of catalog printing. Catalogs could contain a list of the available houses, condos, and other properties for sale in the area. Such catalogs could then be distributed to the general public, either through the mail or in person at events or in the offices of real estate agencies.
Along with the rise in prices, the average number of days a house stayed listed on the market dropped from 44 to 38. However, for condos there was a slight increase, from 42 to 44 days.
Tim Mattioli, President of the Realtors Association of Hamilton-Burlington, said:
“Sales were the highest we’ve seen for the month of September, ever. The strong market seen through the summer is continuing into the fall.”
Although the number of properties listed this September were down from the previous year – 1.7 percent lower, in fact – the number of sales was up 2.3 percent. In addition, the average sale price for a home increased by 5.3 percent compared to 2013. The condo market was particularly strong, recording a 19.9 percent rise in sales.
With business running at such a strong pace, the Realtors Association of Hamilton-Burlington may decide to hire a printing company for the purposes of catalog printing. Catalogs could contain a list of the available houses, condos, and other properties for sale in the area. Such catalogs could then be distributed to the general public, either through the mail or in person at events or in the offices of real estate agencies.
Along with the rise in prices, the average number of days a house stayed listed on the market dropped from 44 to 38. However, for condos there was a slight increase, from 42 to 44 days.