Weather was warm, as was Hamilton's housing market in December
Highest-ever number of homes sold in a December
December is not usually the time you want to list your house for sale.
But those who did found themselves in yet another record-breaking month for the number of homes sold, according to new numbers released Wednesday by the Realtors Association of Hamilton-Burlington.
Sales were 17.6 per cent higher than the 10-year average for December. The 802 properties sold were an all-time December record.
"It seems an appropriate way to end a year which saw so many previous sales records fall," said RAHB CEO George O'Neill.
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The median and average home prices were up about 9 per cent last month compared to December prices in 2014.
Condos were up even more. While the number of sales dropped slightly from a year earlier, the median price of a condo sold in December was $301,250, up nearly 14 per cent from December 2014.
Stripping condos out of the residential sales, the median price for a freehold home sold in December was $380,000, up 7 per cent from $355,500 in December 2014.