Sutton Group Innovative Realty Inc., Brokerage

office:905-575-7070
Laura's Information
Hamilton Mortgage Brokers
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

Statistics, House And Condo Values, MLS Properties For Sale 

 

Hamilton Real Estate Market


Report 
for January 2018 

 

Caledonia Ontario Real Estate Houses Freehold Clansman Sold January 2018 Laura Doucette Sutton 2 

Caledonia Ontario

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 January 2018 Market Report 
 
 
Real Estate January 2018 Market Statistics Sold
 
January 2018 had 1217 New Listings from ALL Property Types (1105 From Residential Only).
 
This is up 6.3% from January 2017 (6.8% for Residential Only), and 22.3% lower than the 10-year average, as reported by The REALTORS ® Association of Hamilton-Burlington (RAHB). 
 
All Residential Only Sales of 627 Properties were down by 27.1% from the same month last year. The Average Residential Sales Price of properties sold through the RAHB Multiple Listing Service® (MLS) system in January 2018 was $517,751 compared to $514,400 the same month last year, an increase of only 0.7%. That is broken down between Residential Freehold Average Price of $549,546 (down slightly from $550,084 in Jan 2017) and the Condominium Average Price at $398,517 (up from $372,697 in Jan 2017).
 
 

 TRENDING NOW 

How long are properties staying on the market?

 
The quick answer is...LONGER!
 
This is where pricing strategy comes into play if you are looking to sell your property in the next few months. It has never been more important to figure out the BEST Listing Price. Last year at this time everyone just listed below market value and waited for the offers to come in. This year, with so much competition, it is much better to list as close as possible to Market Value. The Hamilton-Burlington Real Estate Board CEO George O'Neill said " Both listings and sales were considerably lower than the 10-year average for the month of January.
 
Even so, with more listings at the end of the month than last year, we have a more balanced market, with sales-to-new listings ratio of 56.7 percent and over three months of listing inventory for the residential market". The end of month listing inventory shows 1385 Freehold Residential Properties left for sale, up 50.9%compared to 918 still available for sale at the end of January last year. Also significant is that the Average days on the market increased from 14 to 40 for Freehold this past month, and from 28 to 38 for Condominiums.
 
 

 

Check Out The Difference In Land Transfer Tax:

Hamilton VS. Toronto

 

 
IN TORONTO...
 
$400,000 Purchase Price would be $8,950 in Provincial & Municipal Taxes.
First Time Homebuyers would pay $475.00
 
Land Transfer Tax for Houses Homes and Condos For Sale in Toronto for First Time Buyers Laura Doucette Sutton Real Estate 

 In HAMILTON...

$400,000 Purchase Price would be $4,475 in Provincial Taxes.
First Time Homebuyers would pay $0. 

Hamilton Land Transfer Tax Calculator for Home Purchase First Time Buyers Residential Properties Laura Doucette Sutton

Want to calculate your own land transfer taxes, or calculate mortgage payments? Check out this easy calculator...

Click Here

 
 

 

Get Your

  

FREE Hamilton Real Estate Map

 

 

To get your Hamilton Real Estate Map and a comprehensive

HomeBuyers Package, please Click Here 

 

Realtor Association of Hamilton-Burlington Residential Map Laura Doucette Sutton Realtor AgentHamilton Real Estate District Map & Neighbourhoods For Stats Homes Sold Laura Doucette Sutton Realty Inc.
 
 

 

Overview Of Hamilton Current 

 

Average Year To Date Prices 

 

The map below shows the current Year to Date Average Prices. Some of the areas not included in the map below are Burlington $683,957Flamborough $882,773Waterdow$632,538, Grimsby $488,108Caledonia $489,090, and Cayuga $510,800 and Dunnville $354,136When 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 and/or a Mortgage Pre-Approval done even a couple of months ago MUST be updated!  

Hamilton Real Estate January 2018 Market Sold Statistics for Hamilton Ancaster Dundas Stoney Creek Ontario 

 
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! 
 

Sign Up Now so you don't miss out on NEW Listings! 

 
  
 
 Thinking Of Selling Your Home? 
Want to know what houses are selling for around you?
Is it time to get a Pinpoint Price Analysis on Your House? Thinking of selling in the future and want to know what changes to do to get you Top Dollar? 
 
Go To: HamiltonOntarioHomes.com

 

 

MLS Properties SOLD in January 2018 

 Market Activity in

Selected RAHB Areas

Number of Sales

Average Sale Price

Areas

2017

2018

2017

2018

West Hamilton

3634$449,078

$493,710

East Hamilton

7540$333,446$374,251

Central Hamilton

8958$309,769$340,516

Hamilton Mountain

11291$416,302$469,124

Burlington

141107$754,111$699,501

Ancaster

4624$738,059$679,971

Dundas

2312$599,913$543,592

Flamborough

1110$748,545$818,550

Waterdown

1821$582,967$618,476

Stoney Creek

6348$494,279$492,088

Grimsby

2123$479,800$475,552

Glanbrook

4120$490,198$509,740

Dunnville

1711$308,488$354,136

Caledonia

1014$386,950$448,886

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.

 

 

    

LauraDoucette.com Hamilton Real Estate Blog 

< < < < < < < < < < < < 

Check out my NEW Blog! 

LauraDoucette.com

Hamilton Ontario Real Estate Marketwatch Buying a home house

  

FREE Weekly

MarketWATCH Updates 

Receive weekly updates of all the NEW Listings 
of homes in every price range in Hamilton 
& surrounding areas - Click Here

How to sell your home for top dollar fast sellers book

FREE Copy of 

"How to Sell Your House

For Top Dollar Fast" Book! 

If you are thinking of selling your house, 
what you do right now could mean the difference
of Thousands of Dollars. Order your book today!

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. 

 

 
adminlistingsprivacy policycontactsite map

Sutton Group-Innovative Realty Inc., Brokerage | Independently Owned & Operated
MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association
Copyright © 2002-2018. All rights reserved.
Real Estate Website Design by Lone Wolf Technologies.
Lone Wolf Technologies