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Real Estate Sold Market Statistics Trends In Hamilton for 2017
Real Estate Information For Buyers Looking To Purchase in or Around Hamilton Ontario
2015 Hamilton MLS Real Estate Sold Property Statistics
Hamilton Ontario 2014 Real Estate Market SOLD Statistics

 

House And Condo Values, Statistics, MLS Properties For Sale 

 

Hamilton Real Estate

 

Housing Market Report

 


for July 2017

 

July 2017 Sold Statistics for Hamilton Ancaster Stoney Creek Grimsby Homes Sold MLS Properties

Check Out Previous Monthly Real Estate Market Value Reports
2016 Reports 2015 Reports 2014 Reports 2013 Reports

For Current MLS Listings For Sale - Click Here  

 
Including Houses, Homes, Townhouses, & Condo Values, Current MLS Listings, & Average Selling Home Prices
For West, Central, East Hamilton, Mountain, Dundas, Ancaster, Glanbrook & Stoney Creek

 

 
Hamilton Real Estate July 2017 Market Report
 
July 2017 set another Listings record!  All Property Type New Listings were 2,013 which is an increase of 17.8% from July 2016 and 9.2% higher than the 10-year average, and the most Listings ever in the month of July! Residential Listings were up 18.8% 1,878, Freehold Listings up 19.3% 1,574, and Condominium Listings went up 16% to 304.
 
Sales, on the other hand, were down by over 20% in each of these categories for the month of July. Residential Sales dropped 21.4% to 1125. Increased Listings and Decreased Sales led to a drop, even though slightly in some areas, in the Average Sales Prices. The Average Residential Freehold Sales Price of properties sold through the RAHB Multiple Listing Service® (MLS) system in July 2017 was $571,598 compared to $523,382 the same month last year, an increase of only 9.2%, and the Condominium Average Price is $413,558 compared to $343,211, which is up 20.5% from last year in this month.

Trending NOW...Is Real Estate still a Sellers Market in an around Hamilton Ontario?

The data provided by the Hamilton-Burlington Real Estate Board suggests that we have turned from a Sellers Market to a more moderate, Balanced Market. The end of month listing inventory would support this theory.  Up 53.6%, with 2301 Freehold Residential Properties left for sale compared to 1498 left at the end of July 2016. Also, Average days on the market increased from 24 to 25 for freehold! It still decreased, however, from 27 to 25 in the condo market compared to the same month last year. List-To-Sell ratios reached a high of 91% earlier this year and have dropped considerably to a 60% list-to-sell ratio, showing the pattern going from a Sellers Market to a Balanced Market in recent months.
 
The map below shows the current Year to Date Average Prices. In every area, the average prices actually went lower, showing the effect of the rise in Inventory and Decrease number of Sales! 
 
Some of the areas not included in the map below are Burlington that decreased ever so slightly from $789,564 to $789,485, Flamborough has decreased slightly from $803,624 last month to $802,787Waterdown decreased from $694,792 to $692,324, Grimsby also showed a decrease to $598,892 from $599,797 last month.
 
When looking at the Average Prices in and around Hamilton, it is important to note how they have changed significantly over the last year and even now from month to month. If you are thinking of selling your house or condominium, get the most up to date, LOCAL information. A Market Evaluation done even a few months ago needs to be updated! Here is a map showing the Current Average Year To Date Prices in and around Hamilton Ontario...

July 2017 Statistics Sold In Hamilton Ontario Ancaster Stoney Creek Dundas Laura Doucette Sutton Group.jpg

Always remember that "Average sale price is based on the total dollar volume of all properties sold through the RAHB MLS® System. Average sale price can be useful in establishing long term trends, but should not be used as an indicator that specific properties have increased or decreased in value." What that means is not every house or condo has increased in price by the same percentage. It is really important to talk to an experienced local REALTOR® to see EXACTLY what is happening in your particular neighbourhood. It is also important to find out what you can do to your house to get the highest amount possible when you are ready to sell!
 
In this Market, it is important that you know about the houses getting listed Immediately! Click Here to get set up on the Instant Notification Search, otherwise, you will only know about listings once they are reported to the public sites. If you wait till you see it on Realtor.ca or other sites, it's too late, and is probably already SOLD! 
 

What to Sign Up Now so you don't miss out on Any More Listings? 

 
Have questions? Want to know what houses are selling for around you?

- Thinking of selling in the future and want to know what
changes to do to get you Top Dollar?

- Is it time to get a Pinpoint Price Analysis on Your House? 

Get Help Now! Go to HamiltonOntarioHomes.com

 

 

 MLS Properties SOLD July 2017 

For Current Listings:

Click on Each Area Below!

# of Sales

2016

# of Sales

2017

Average Sold

Price 2016

Average Sold

Price 2017

Hamilton West

43 395 $380,108

$421,962

Hamilton East

72 584 $316,650 $344,525

Hamilton Centre

103 773 $281,674 $324,849

Hamilton Mountain

173 1187 $405,005 $456,091

Burlington Area

212 1649 $676,530 $699,830

Ancaster Area

43 388 $693,310 $776,178

Dundas Area

21 213 $536,363 $527,952

Flamborough Area

15 172 $642,224 $744,500

Waterdown Area

23 231 $611,522 $667,542

Stoney Creek Area

78 629 $453,318 $534,285

Grimsby Area

30 242 $483,243 $491,587

Glanbrook Area

36 262 $451,801 $551,547

Dunnville Area

8 123 $246,567 $350,613

Caledonia Area

13 87 $378,167 $427,169

Note: Numbers of sales represents sales reported on properties listed on the Multiple Listing Service (MLS) of the REALTORS Association of Hamilton-Burlington. Average sale price is calculated by dividing the total dollar volume of sales (not shown) by the number of sales in that month.

 

 

   

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Laura Doucette, at Sutton Group Innovative Realty Inc., Brokerage (in Real Estate since 1990) can give you the LOCAL market knowledge and experience needed to help you buy your first home, next home, retirement home, or investment property. Laura is also ASA Certified (Accredited Senior Agent) if you are helping an elderly parent with the sale of their home. 

 

 
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