Mid-May MLS Hamilton Real Estate Statistics Say It All.
The MLS listings to sales ratio is 2:1. The buyers are now driving the market. Picking and choosing, negotiating and renegotiating, with the potential of over saturation of MLS listings.
The most popular areas of Hamilton to buy/sell real estate? West Hamilton real estate saw a 45.45% increase in sales this year compared to last year and Hamilton Centre comes in second with a 37.50% increase in sales.
Waterdown and Hamilton East are showing the highest average sale price increase. The average sale price in Waterdown for April 2019 is $737,121 and Hamilton East is $409, 952. Surprisingly, the average sale price in Ancaster has decreased by 8.34%($710,293 from $774,946) and Dundas has decreased by 13.53%($557,409 from $644,607).
Average condo price in the Hamilton area is $353,252, showing an increase of 16.41%. If you’ve been thinking of listing your condo this may be the time to do it.