- April 2019 -

Market Springs Ahead

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,032 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® System in the month of March. This is a 1.2 percent drop from March 2018; however, a 40 percent increase over February 2019 and a 74 percent increase over January 2019. The average price was up from March 2018 by 4.9 percent to $575,099.


“The increase in the number of sales from January and February shows that we are full steam ahead and anticipate a healthy spring market,” says RAHB CEO George O’Neill. “We experienced a two percent increase in the number of listings over last year, which means more overall choice for buyers.”


The number of sales for single family properties within the entire RAHB market fell by 2.7 percent compared to the same month last year, and the average sale price increased by 5.6 percent. Townhouse sales activity across the entire RAHB market area increased from March 2018 by 8.6 percent, while the average townhouse sale price rose by 1.2 percent.


Apartment-style property sales were exactly the same as in March 2018, and the average price increased by 3.5 percent to $376,391.


What’s moving in your specific corner of town, and for how much? There’s one easy way to find out — please call today for your complimentary, no-obligation local market update!


CONTACT US




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L. Piriano

REAL ESTATE

BROKERAGE, BROKER OF RECORD


Lou@ListWithLou.com
www.ListWithLou.com

 
T. Free:

1-877-747-4266


Local: 905-628-6625

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Ralph Frisina

Broker

 

Direct: 905-961-6486  

  40 Years Experience formerly Broker Owner of Mainstone Realty
Expert in investment and new construction
Also CEO of Frisina Group (acquisitions and building)

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Gloria Payton

Broker


Direct: 905-575-3843

Over 30 years experience in assisting buyers/sellers

 

5 Term Director Realtors Association Hamilton-Burlington Official Educator for Realtors

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Chris Allen, MBA Broker


Direct: 905-320-2850

 

Commercial Specialist
Consummate Sales Professional

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