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Statistics, House And Condo Values, MLS® Properties For Sale 


Hamilton Real Estate Market Report

for October 2018 


 Hamilton Real Estate Market Report For October 2018 Laura Doucette Sold

Previous Monthly Real Estate Solds Reports & Market Values











Current MLS® Property 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


Here's What Happened For October 2018
 October MLS Properties Sold In Hamilton Ontario Laura Doucette Sutton Realtor  
October 2018 showed 1131 New Residential Listings came on the Hamilton Real Estate Market This is 6% LOWER than October 2017 as reported by The REALTORS® Association of Hamilton-Burlington (RAHB).
Burlington is down 5% with 411 New Listings.
Residential Sales located throughout the RAHB market area (including Burlington and all outlying areas covered by RAHB) of 1035 Properties were down by 13.1% from the same month last year. Residential Sales in Hamilton (which includes Hamilton + Flamborough, Dundas, Ancaster, Waterdown, Stoney Creek and Glanbrook) were 659 of that total. The Average Hamilton Residential Sales Price of properties sold through the RAHB Multiple Listing Service® (MLS®) system in October 2018 was $499,382 up 7% from $467,432 the same month last year. Burlington which is also up 7% at $760,568. The end of month listing inventory shows 1817, giving Hamilton 2.8 months of inventory, which is up 28% compared to 1418 Properties still available for sale at the end of October last year which was 1.8 months of inventory. Burlington has 2.2 months of inventory (up 6%) with 575 active listings for sale. Average days on the market increased from 26.5 to 31 this year for Hamilton and decreased in Burlington from 30 to 28.2.
The Hamilton - Burlington Areas is currently experiencing a subtle shift to a Sellers Market, where the ratio of Homes Sold to Homes Listed is over 60%, currently sitting right on the cusp at 60.1% for Residential, (in other words, 6 homes are sold for every 10 new listings). Homes Sold to Homes Listed Ratio:  Buyers Market is below 40%, Balanced Market is between 40-60%, and Sellers Market is above 60%. 
October 2018 compared to October 2017


2018 2017 Difference

Sales Activity

659 781   - 16%

Dollar Volume

$329,092 $365,064  - 10% 

New Listings

1,131 1,201  - 6% 

Active Listings

1,817 1,418  28% 

Months of Inventory

2.8 1.8  0.9 

Average Price

$499,382 $467,432  7% 

Median Price

$464,900 $429,900  8% 

Median Days on Market

21 19 

Average Days on Market

31 26 5
*Hamilton includes: Hamilton West, Hamilton East, Hamilton Central, Hamilton Mountain, Flamborough, Dundas, Ancaster, Waterdown, Stoney Creek and Glanbrook


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

Hamilton's Average Year To Date Prices  

The map below shows the current Year to Date Average Residential Prices. Some of the areas not included in the map below are: 


Burlington $744,958 Flamborough $779,938
Waterdown $657,923 Grimsby $552,570
Caledonia $449,834 Cayuga $473,463
Dunnville $407,197  

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 and/or a Mortgage Pre-Approval done even a couple of months ago MUST be updated! 

October 2018 Real Estate Market Statistics For Homes House Condos Sold In Hamilton Laura Doucette Sutton

Take note 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 Listings 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 or other sites, it's too late, and is probably already SOLD! 

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 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? 
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MLS® Properties SOLD in October 2018 

 Market Activity in

Selected RAHB Areas

Number of Sales

Average Sale Price






West Hamilton

47 42 $521,925


East Hamilton

88 94 $384,287 $343,100

Central Hamilton

95 158 $373,279 $345,483

Hamilton Mountain

165 179 $465,764 $445,743


16 14  $700,900  $887,214


32 32 $637,670 $597,922


46 54 $703,291 $670,217


29 39 $652,014 $641,018

Stoney Creek

100 115 $540,554 $501,879


36 43 $499,353 $524,873


266 286 $759,292 $712,609


17 14 $395,297 $320,929


2 $470,000 $372,100


20 $432,920  $412,869


8 $379,438  $345,277


$675,000  $652,500 


$519,780  $362,250


39 36 $498,654 $511,731


8 4 $495,300 $433,850

West Lincoln

3 4 $403,000 $510,975

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. Hamilton Real Estate Blog 

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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.