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Market Update – October 2014

Market Update
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The red hot market that has typified the spring and summer selling seasons continued through the month of September with the Realtors Association of Hamilton Burlington reporting a record setting month for residential sales, representing a 7% increase over the same month last year.

In the key markets of Burlington and Waterdown we saw an increase in average sale price of 3.9% and 7.1% respectively with an overall average increase of 4.8% in board territory. Each community has its own localized market trends – please see the map and chart below for additional information on selected markets.

Burlington Average Sale Price – September 2014. Map created by Realtors Association of Hamilton Burlington (RAHB)

 

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Topics: hot market
Originally published on October 10, 2014

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Written by Brandon Buller

Husband. Dad. Award-winning Real Estate Broker and Luxury Property Specialist with the Buller Real Estate Group at Keller Williams Edge Realty based in Burlington, Ontario, Canada.