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Our market here in Hamilton might be picking up a little speed. I get this impression from a variety of sources;
our stats show more activity, a friend at a cleaning company says they are cleaning more houses lately for
Sellers who are prepping their houses, I am personally getting more inquiries from Buyers and Sellers,
colleagues have a lot going on. We still have more buyers than houses.
I am seeing highly attractive properties receive multiple offers
and properties that are not fully finished, half renovated or more difficult to sell are
being negotiated or staying on the market.
The opportunity I am seeing for buyers right now is the chance to actually negotiate the price.
Let’s look at our Statistics.
This week more houses came onto the market and more houses sold compared to last week.
Last week’s average Days on Market (DOM) was 32
This week’s average DOM is 31
Last week’s average sold price vs original list price was 98.65%
This week the average sale price was 97.93% of the original list price.
Want to know what your house is worth? - message me here
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Stats date range: May 10 2020 12:00AM to May 16 2020 11:59PM
Hamilton RES New Listings: 175
Hamilton RES Sold Listings: 135
Hamilton RES Average sale price: $611,406.00
Hamilton Commercial New Listings 7
Hamilton Commercial Sold Listings 2
Burlington RES New Listings: 46
Burlington RES Sold Listings: 39
Burlington RES Average sale price: $856,717.00
Burlington Commercial New Listings 2
Burlington Commercial Sold Listings 0
Haldimand RES New Listings: 16
Haldimand RES Sold Listings: 6
Haldimand RES Average sale price: $475,650.00
Haldimand Commercial New Listings 2
Haldimand Commercial Sold Listings 0
Niagara North RES New Listings: 10
Niagara North RES Sold Listings: 7
Niagara North RES Average sale price: $670,400.00
Niagara North Commercial New Listings 0
Niagara North Commercial Sold Listings 0
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Steve Devisser / Salesperson - Cell 905 537 4357
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Remarks:
1) All data are from RAHB Matrix including non member inter-board listings.
2) Hamilton area: Region = Hamilton
3) Burlington area: Municipality = Burlington
4) Haldimand area: Region = Haldimand County (including Canborough/Dunn/Moulton/Sherbrooke)
5) Niagara North area: Municipality = Grimsby and West Lincoln (including Smithville)
6) Sale price >= CAD 40,000