February 2018 Market Stats

Here are the comparisons February 2018 vs February 2017 numbers.  Fair to say there is a very large shift in the market.  Average Sales Price from Feb 2017 to Feb 2018 say it all.  The only anomaly is Hamilton where the sale price actually increased, the remaining cities all decreased significantly.

If you have any questions on your particular area of the GTA, feel free to email me or call me!

BURLINGTON:

  • Active Listings February 2017 – 323 vs February 2018 – 461
  • Number of Sales February 2017 – 292 vs February 2018 – 179
  • Days to Sell Average February 2017 – 18 vs February 2018 – 34
  • Days to Sell Median February 2017 – 8 vs February 2018 – 20
  • Sales Price Average February 2017 – $785,647 vs February 2018 – $683,793
  • Sales Price Median February 2017 – $725,000 vs February 2018 – $630,000

WATERDOWN:

  • Active Listings February 2017 – 46 vs February 2018 – 61
  • Number of Sales February 2017 – 26 vs February 2018 – 22
  • Days to Sell Average February 2017 – 14 vs February 2018 – 23
  • Days to Sell Median February 2017 – 7 vs February 2018 - 19
  • Sales Price Average February 2017 – $759,594 vs February 2018 – $584,863
  • Sales Price Median February 2017 – $682,625 vs February 2018 – $574,000

HAMILTON:

  • Active Listings February 2017 – 510 vs February 2018 – 686
  • Number of Sales February 2017 – 511 vs February 2018 – 268
  • Days to Sell Average February 2017 – 22 vs February 2018 – 32
  • Days to Sell Median February 2017 – 9 vs February 2018 – 18
  • Sales Price Average February 2017 – $415,603 vs February 2018 – $445,216
  • Sales Price Median February 2017 - $390,000 vs February 2018 – $396,500

STONEY CREEK:

  • Active Listings February 2017 – 124 vs February 2018 – 164
  • Number of Sales February 2017 – 85 vs February 2018 – 52
  • Days to Sell Average February 2017 – 24 vs February 2018 – 36
  • Days to Sell Median February 2017 – 9 vs January 2018 – 20
  • Sales Price Average February 2017 - $585,335 vs February 2018 – $511,179
  • Sales Price Median February 2017 – $510,000 vs February 2018 – $490,000