The Realtors Association of Hamilton and Burlington says sales of both  freehold and condominium residences were up in June over last year, but that the inventory of available properties is shrinking. The average sale price of a freehold home increased year over year to $436,000—an increase of 6.4 percent. The average condo went doe $291,000—and increase of 4.6 per cent. The total stock of available homes decreased by nearly 5per cent to 3320 units.

Freehold Only

Listings15001710
Sales10721238
Median Sale Price$355,000$377,625
Average Sale Price$415,638$436,570
Average Days on Market3735
End of Month Listing Inventory29192757

 

Condominium Only

Listings337367
Sales235287
Median Sale Price$263,500$264,900
Average Sale Price$278,410$291,112
Average Days on Market4637
End of Month Listing Inventory578563

 

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