As July progresses, our appointment centre booked a slight decrease of 0.9% in weekly appointments, after double digit gains in appointments the week before. This Thursday marks only the 6th time in our company history where we achieved over 500 (544) appointments on the Thursday. Overall, we are further closing the appointment number’s gap between the same period last year at -17%, with last week’s gap measuring -20%.
The appointment/sold index increased to 11 this week, and our sales to new listings ratio was 89%, meaning our agents are selling new inventory at an un-matched rate compared to our competition which is at or below 50%.
As usual, the $1-2M price range continues to occupy the #1 spot for Hamilton and Halton in our top price ranges. Below is a chart representing the amount of 3 consecutive week periods where the $1-2 million price range was in #1 spot in our three trading areas.
In addition, this price point reappeared on the top charts for Niagara at #5. Otherwise, Halton is seeing an interesting shift where our most expensive price ranges are represented alongside the much lower $450-500k and $550-600k ranges. Niagara and Hamilton remain fairly consistent to previous weeks.
