Contrary to usual seasonal trends, last week saw an increase in the number of appointments by 17.5% over the previous week. Although the week began quietly, we recorded the highest number of appointments in a single day on Friday, Nov. 27 that we have seen since September 25! New listings increased 18.4%, and sales were up 20.2%, making it a highly active week at RE/MAX Niagara & Escarpment. Overall in November, appointments are up an incredible 61.8% over the same time frame in 2019.
Our Sold/Appointment Index remained relatively stable, as 12.8 appointments on average per property sold due to the increase in both appointments and sales during this time frame.
The Top 5 Popular Hamilton price ranges remained similar to the previous week, with some shifting in popularity. Burlington saw alot of activity just below the $1M mark, with increased activity in the $450-500k range reported. Niagara’s market was similar to Hamilton in that popular price ranges remained fairly consistent, but varied in rank.