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Tag: Downtown Hamilton

Hamilton Real Estate Market Update March 15-21st 2020

March 2020 Hamilton real estate market, Hamilton house prices, Hamilton new listings, Hamilton Days on Market, Burlington real estate, Haldimand real estate, Niagara real estate, Hamilton house prices, hamilton condo prices, hamilton townhouse prices

REALTORS® Association Of Hamilton-Burlington Real Estate Market Update

Here are the latest real estate statistics for the Hamilton, Burlington, Haldimand, and Niagara North area.

Questions about buying, selling, or investing in Hamilton real estate? Looking for a Hamilton real estate agent? Send me a message.

Date range:  Mar 15 2020 12:00AM to Mar 21 2020 11:59PM

Hamilton Residential New Listings:  229
Hamilton Residential Sold Listings:  151
Hamilton Residential Average sale price:  $604,851.00
Hamilton Commercial New Listings: 27
Hamilton Commercial Sold Listings: 5

Burlington Residential New Listings:  69
Burlington Residential Sold Listings:  40
Burlington Residential Average sale price:  $884,205.00
Burlington Commercial New Listings 4
Burlington Commercial Sold Listings 0

Haldimand Residential New Listings:  24
Haldimand Residential Sold Listings:  12
Haldimand Residential Average sale price:  $526,457.00
Haldimand Commercial New Listings 0
Haldimand Commercial Sold Listings 0

Niagara North Residential New Listings:  19
Niagara North Residential Sold Listings:  14
Niagara North Residential Average sale price:  $615,134.00
Niagara North Commercial New Listings 1
Niagara North Commercial Sold Listings 0

Remarks:

1) All data are from RAHB Matrix including non member inter-board listings.
2) Hamilton area:  Region = Hamilton
3) Burlington area:  Municipality = Burlington
4) Haldimand area:  Region = Haldimand County (including Canborough/Dunn/Moulton/Sherbrooke)
5) Niagara North area:  Municipality = Grimsby and West Lincoln (including Smithville)
6) Sale price >= CAD $40,000

CITY BROKERAGE REAL ESTATE MARKET UPDATE March 15 21st 2020  350x350 - Hamilton Real Estate Market Update March 15-21st 2020

 

Hamilton Real Estate Market Update March 8-14th 2020

March 2020 Hamilton real estate market, Hamilton house prices, Hamilton new listings, Hamilton Days on Market, Burlington real estate, Haldimand real estate, Niagara real estate, Hamilton house prices, hamilton condo prices, hamilton townhouse prices

REALTORS® Association Of Hamilton-Burlington Real Estate Market Update

Here are the latest real estate statistics for the Hamilton, Burlington, Haldimand, and Niagara North area.

Questions about buying, selling, or investing in Hamilton real estate? Looking for a Hamilton real estate agent? Send me a message.

Date range: Mar 8 2020 12:00AM to Mar 14 2020 11:59PM

Hamilton Residential New Listings: 258
Hamilton Residential Sold Listings: 184
Hamilton Residential Average sale price: $596,295.00
Hamilton Commercial New Listings 42
Hamilton Commercial Sold Listings 9

Burlington Residential New Listings: 77
Burlington Residential Sold Listings: 61
Burlington Residential Average sale price: $860,460.00
Burlington Commercial New Listings 4
Burlington Commercial Sold Listings 1

Haldimand Residential New Listings: 27
Haldimand Residential Sold Listings: 12
Haldimand Residential Average sale price: $451,440.00
Haldimand Commercial New Listings 1
Haldimand Commercial Sold Listings 2

Niagara North Residential New Listings: 24
Niagara North Residential Sold Listings: 15
Niagara North Residential Average sale price: $655,833.00
Niagara North Commercial New Listings 0
Niagara North Commercial Sold Listings 0

Remarks:

1) All data are from RAHB Matrix including non-member inter-board listings.
2) Hamilton area: Region = Hamilton3) Burlington area: Municipality = Burlington
4) Haldimand area: Region = Haldimand County (including Canborough/Dunn/Moulton/Sherbrooke)
5) Niagara North area: Municipality = Grimsby and West Lincoln (including Smithville)
6) Sale price >= CAD $40,000

CITY BROKERAGE REAL ESTATE MARKET UPDATE March 8 14 2020  - Hamilton Real Estate Market Update March 8-14th 2020

 

Hamilton Real Estate Market Update – December 2019

hamilton real estate market, hamilton real estate prices, stoney creek housing market, hamilton real estate market, hamilton condo market, hamilton real estate market 2019, hamilton condo prices, stoney creek real estate market, condos for sale in hamilton under 200 000, average house price in hamilton, average home price hamilton, hamilton home prices, average price of house in hamilton, hamilton house prices, price of house in hamilton, hamilton house prices 2019, Hamilton, Ontario MLS residential real estate market home sale price average home price home prices by Bianca Marijan City Brokerage Hamilton real estate agent, Hamilton house prices, RAHB, Hamilton new listings, Hamilton real estate market

Hamilton Real Estate Market – December 2019

The number of sales and new listings in the real estate market typically decreases this time of year. However, in December 2019’s case, the number of sales for single-family properties within the RAHB market increased by 6.8 percent compared to December last year. Let’s take a look at the Hamilton real estate market specifically.

Average Sale Price

Average sale price in December 2019 for single-family homes increased by 8.21 percent since the same month in 2018.

Houses sold 15.22 percent faster in December 2019 compared to 2018, and there were slightly fewer listings available on the market making it a good time to consider selling.

The average sale price can vary depending on the property style, condos in Hamilton, for example, showed a very modest average sale price increase to $334,736 compared to $326,422 the previous year.

Semi-detached homes and townhomes had an increase of nearly 8 percent to $480,825 from $447,045 December last year.

The average sale price of detached homes for December 2019 was $573,204, up 9.18 percent from $525,003 in December 2018.

New Listings On The Market

There were less new detached home listings in December, but more new listings for semi-detached, townhouses, and apartment-style condos.

Average Days On Market

The average days on market is the number of days from the time a property is listed until it sells. Properties are selling faster this year than the same time last year.

In December 2018, the average days on market averaged from 40-44 days depending on the property style. However, in December 2019 the average number of days on market ranged from 26.7 for apartment-style condos, to 37.2 days on market for detached homes.

Neighbourhood Markets

Flamborough, Dundas, and Hamilton East saw the largest increases in the average sale price for December 2019.

Hamilton West and Central Hamilton didn’t have much fluctuation comparing this year to last, in fact the number of sales and average sale price in Central Hamilton actually dropped a bit.

Average sale price in Hamilton West was $543,274 with 34 sales in December 2019, and $534,636 with 27 sales in December 2018.

Average sale price in Central Hamilton was $368,442 with 63 sales in December 2019, and $371,458 with 63 sales in December 2018.

The most affordable area to buy in is still Central Hamilton, followed by East Hamilton and the mountain.

Have any questions about the real estate market?
I’m available by phone, text, or email.

Downtown Hamilton-THE REVIVAL

Downtown Hamilton-The Revival, a video by Hamilton Economic Development

Hamilton Economic Development created a video showing how Downtown Hamilton is in the middle of a revival.

The real estate market has been booming, home prices are rising, and our downtown core is being revitalized.

The REVIVAL

A Diamond In The Rough Is Explored…

Watch this video from Hamilton Economic Development on Hamilton’s revitalization.

Contact me to buy or sell a home in Hamilton

 

Hamilton LRT – So close, yet so far…

Hamilton LRT

Hamilton LRT – So close, yet so far…

The Hamilton LRT project by Metrolinx is on hold for an undetermined length of time after the provincial government called for a freeze on discretionary spending. As a result, the expropriation of properties and displacement of tenants and businesses is also at a standstill for the time being. 45 properties along Main St, King St, and Queenston Rd have already been purchased to make space for the 14 km stretch alotted for the light rail transit system, which works out to be roughly 50% of what is needed.

City council has had more than 60 votes in support of the project, but the longstanding discussion about whether it will be a reality or not has people wondering if the entire project is at risk. Mayor Fred Eisenberger says he met with Ford on Wednesday and it’s his understanding that Hamilton LRT isn’t the only project that’s been halted. Other Metrolinx projects are still going forward but they are further along in development than Hamilton is.

“Yes, we’re on of the few projects that’s still in the land acquisition stage, but so is Metrolinx GO transit for the Niagara expansion,” said Eisenberger. “That’s my understanding, that’s where the concern is and that’s where the pause came from.”

During his election campaign, Ford said that he would give Hamilton $1.3 billion for infrastructure whether the LRT goes through or not. What actually happens still remains to be seen.

Information on the Hamilton LRT route can be found here.

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