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CLICK HERE...for real estate market activity report for Hamilton and areas spring and summer 2013.
Table below shows the change in average sale price in Ancaster, Ontario for October 2012.
All Residential:
# of Sales
Average Sale Price
2011
42
$403,618
2012
53
$474,800
Ancaster real estate market reported 17.5% yearly increase in average sale price for October 2012.
3rd quarter of 2012 in Ancaster in all residential sales are represented in the table below:
2nd Quarter
3rd Quarter
# of Sales
167
164
Average Sale Price
$440,556
$467,085
Days on Market
36
49
% of Sale Price vs. List Price
96.6%
94.4%
On average it took longer for a residential listing to sell in Ancaster in 3rd quarter of 2012 vs. 2nd quarter. Average days on the market increased from 36 to 49. The average sale price increased to $467,085 but the average percent of the sale price vs. list price decreased from 96.6% in the 2nd quarter of 2012 to 94.4% in the 3rd quarter.
Table below represents data for Ancaster Freeholds in the 3rd quarter of 2012.
2nd Quarter
3rd Quarter
# of Sales
145
138
Average Sale Price
$457,284
$498,246
Days on Market
38
49
% of Sale Price vs. List Price
96.3%
94.5%
The average sale price for a freeholds between 2nd and 3rd quarter of 2012 increased by $40,962! However, it took longer for a freehold, residential listing to sell and the ratio between sale price and the list price was a bit lower.
Condominiums sales in Ancaster for the 3rd quarter of 2012 are represented in the table below.
2nd Quarter
3rd Quarter
# of Sales
22
26
Average Sale Price
$336,386
$287,200
Days on Market
25
48
% of Sale Price vs. List Price
98%
94%
Average days on the market changed from 25 days in the 2nd quarter of 2012 to 48 days in 3rd quarter. So on average it took 23 days longer to sale for a condominium listing in the 3rd quarter of 2012. The average sale price decreased from $336,386 to $287,200 from 1st of July to 30th of September 2012.
