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 2017 June Market Report: As reported by RAHB (Realtors Association of Hamilton-Burlington) CEO George O'Neill, June "sales were a bit lower than the 10-year average". Sales were 21% lower than June of last year and 5.6% lower than the 10-year average. The main reason stated for this shift is the higher than average new listings that came on the market in June. This year so far the new residential listings per month went from 823 in January, 1095 in February, 1661 in March, 1911 in April, to a record-breaking 2565 in May and then 2181 in June. Hamilton has gone from record sales to record new listings in a very short period. 2756 overall all types new listings were processed through the RAHB Multiple Listing Service® (MLS®) System in June which is 23.8% higher than last year in the same month and 28% higher than the 10-year average. Even though residential sales dropped by 20% from the same month last year, the average freehold price went up 9.1% and the condominium average price went up 18.9%! Average residential days on the market for June 2017 is 18. This is two days longer than May 2017, and 5 days shorter than June 2016.
The Map shows the Year To Date Average Sales Prices throughout and around Hamilton Ontario. Further down this page, you can see the neighbourhoods are broken down into districts, showing the average price so far this year compared to the average price for the neighbourhood from 10 years ago.
Are You Thinking Of Selling Your House, Or Condo SOON?
If you are thinking of selling your house anytime in the next year, it would be wise tomeet up soonso we can discuss a Selling Strategy for YOUR home that would get you the most money possible. You can also order this Free Book to help you figure out what you can do right now to help you sell your home Fast!...www.FreeHowToSellYourHouseFastBook.com. It is also a good idea to start getting educated about what homes are selling for in your particular neighbourhood.
If you are thinking about buying a home or condo let me get you set up on aPersonalized Search. You would get all the homes that match your exact criteria, the MINUTE they hit the Real Estate Market. These days Freehold homes are on the market for only 18 days (which includes any conditional times for financing and home inspections), so it is extremely important that you know about the Mls Listings As Soon As They Are Listed For Sale!
Here is a look at the Year To Date Statistics for Areas in and around Hamilton.
Make sure to continue down the page for an in-depth analysis for each district!
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.
10 Years Ago vs Now in 2017
District 10, 11, 12
10 years ago in 2007, the average price was $227,767.
So far this year it is$473,286 and selling for105%of asking price.
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.