It’s that time of year when we typically see our week-over-week number appointments decline. Last week was no exception, with 9.2% less appointments than the week prior. However, November still continues the trend we have seen consistently since July of outperforming the same time frame in 2018 by leaps and bounds. The first 3 weeks of November have demonstrated a 25.7% increase in the number of total appointments over last November.
Our Sold/Appointment Index has dropped back to just under 18 appointments on average per property sold. In November 2018, this index hovered between 13-14 appointments, with the difference largely being owed to the increased number of Buyers entering the market in comparison.
Overall, popular price ranges continue to remain steadily in the $350-$600k range in Hamilton, and the $200-$500k range in Niagara. Burlington sales seem to be highly variant, with low, mid and high price ranges over our Top 5 ranking.