Archive for February, 2009

February Market Update

Sunday, February 8th, 2009

HAMILTON-BURLINGTON Showed 476 units sold in January. This is a 42 % decrease from last year. This demonstrates a market shift, however there is still movement in the market place. Actual price declines have been modest. Some Condominiums prices have seen a 2 – 3% increase in Price. It seems the home that was $ 319,000 last  year , may have to be down to $ 299,000 to effect a sale. The typical townhouse that was $ 299,000 may have to be 284,900 . Now these are generalizations but it is very important to note that a sharp price will beat out the competition and  I cannot emphasize home staging enough.  I provide home staging with a ” full time” experienced home stager which helps  the Seller  beat out the competition.

Year to Year statistics provided by the Hamilton Real Estate Board

Contact Info
Sutton Group
Sutton Group
About Town Realty Inc. Brokerage

1235 Fairview St.
Burlington ON L7S 2H9
carl@carlstars.com

Phone: (905) 681-7900
Fax: (905) 681-8225