The first week of October started off with an increase of nearly 5% over the final week of September. With appointments for the same period as last year up nearly 10 percentage points. Friday continues to be the dominant day for showings representing 17% of the appointment volumes for the week.
Our sales to new listings ratio is sitting at 83% which is well above our all of our trading areas, proving our agents are outperforming their competition. The appointment/sold property index rose to nearly 11, illustrating new entrants into the fall market as insured mortgages increased from $1,000,000 to $1,500,000.
Our top price ranges remained fairly consistent as usual, with the $1-2M range on top in both Hamilton and Halton. Otherwise, Hamilton remained fairly similar to previous weeks and Halton saw the highest three ranges occupying the top three spots on the chart. Finally, the $650-700k range occupies the #1 spot, which is higher than the $450-500k range which was on top last week.
