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Haldimand Monthly Statistical Report - September 2023.pdf

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Preview of Haldimand Monthly Statistical Report - September 2023
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👤 Author: dcarr
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Summary

# Haldimand Monthly Statistical Report - September 2023

## Summary

Haldimand County experienced a modest gain in home sales in September compared to the previous month, but year-to-date sales remain 10% lower than 2022. The market showed signs of improvement with rising new listings, leading to a fall in the sales-to-new-listings ratio. Inventory levels increased, resulting in a rise in months of supply.

### Property Types

- Detached Homes: Year-to-date sales of detached homes are nearly 14% lower than last year, with significant declines driven by homes priced above $800,000.
- Semi-Detached, Row, and Apartment Homes: These property types experienced varying levels of decline in sales year-over-year.
- Mobile Homes: Sales remained relatively stable.

### Regional Comparison

Most regions within Haldimand County reported a decrease in year-to-date sales, except for Caledonia and Seneca, which showed positive trends. Benchmark prices year-to-date are at least 12% lower across all areas compared to last year.

## Key Metrics

- Sales: 500,000 (year-over-year decrease of 10%)
- New Listings: 52,600 (increase)
- Inventory: 270 (33% increase)
- Months of Supply: 5.4 (up from 4.5)
- Average Price: $698,964 (1.5% decrease year-over-year)
- Median Price: $723,524 (a 10.4% drop)

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  • File Format: PDF
  • File Size: 856 KB
  • Pages: 8
  • Language: EN
  • Author: dcarr
  • Total Downloads: 20
  • Last Updated: 5 days ago

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