The return of spring lifted sales, prices and available listings in the Hamilton region, according to new numbers posted by the Realtors Association of Hamilton-Burlington (RAHB).
April 2013 saw the return of a seller’s market in the area, despite stirrings at the end of the last quarter that suggested a balanced market could be on the way.
For all types of property, the sales numbered 1,521, posting a 5.5 per cent boost over April 2012. The average sale price rose by 1.8 per cent to $382,682 as well. Spring also saw more people putting their properties up for sale: 2,202 were listed in April, a 6.5 per cent bump from the same time last year.
“We started seeing more listings and sales come through the MLS system first thing in April,” said RAHB CEO Ross Godsoe in the news release. “All property sales are not only higher than last year, but are the second highest in an April for the last 20 years.”
It was the Hamilton area that was the true high performer in April. It saw a 13.7 per cent spike in sales, year-over year.
For more details check out the tables below…