Just shy of breaking a record, the Realtors Association of Hamilton-Burlington (RAHB) counted 1,207 sales last month for an impressive 32.9 per cent increase from the same time last year. Just how close was the September tally from hitting a new high? Only one single sale. In September 2009, Hamilton counted 1,208 transactions.

The average sale price also saw a 6.7 per cent increase to $392,013. For residential properties, the average price went up by 8.5 per cent to $390,638. Freehold homes fared slightly better than condos. They moved up 10.1 per cent to a new average of $417,259, while condos saw a 7 per cent drop in prices with a new average price of $260,522.

There were 1953 properties listed in September, an increase of 5.8 per cent from last year. End-of-month listing inventory was 6.8 per cent lower than September 2012.

“Sales and listings for the month of September were both well above the 10-year average for the month,” said RAHB CEO Ross Godsoe in the news release. “Even though there was an almost-six per cent increase in listings, inventory continues to be lower than last year at this same time.”

For more information see the tables below…

HAMILTON sales average 2013

Hamilton sales September  Photo: johncpiercy/Flickr

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