August 2021 Market Stats

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,201 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in August 2021. 

🗝 Sales were down five per cent since last month, and they were also down five per cent since August 2020. 

🗝 New listings were down nine per cent since last month and down 15 per cent since last August. 

🗝 The average price for residential properties was $839,881 which was a decrease of nearly one per cent from last month and up nearly 21 per cent from August 2020. 

🗝 The inventory available at the end of the month remained unchanged at 0.8.