January 2013 Stats For Burlington

 Hot off the press ~ Here are some brief Stats for our area:

Burlington experienced a decrease of 12.71 % in the number of homes sold compared to January 2012, but at the same time, the average price rose by 4.53 %, from last January. 

                       Active at End            Sales                      Median                 Average

JAN/2013 442 158 $425,709 $454,906
JAN/2012 358 181  416,009  435,162

Sales were down but inventory rose markedly, could this be the turning point from a Seller’s Market to a Buyer’s Market?  Only time will tell….

If you are looking for additional Stats for Waterdown, Flamborough and the Hamilton Area, give me a shout…it would be my pleasure to go over all the details with you!