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Tag: Hamilton realtor

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 – January 2020

Hamilton real estate market, January 2020, Hamilton house prices, Hamilton new listings, Hamilton Days on Market, Burlington real estate, Haldimand real estate, Niagara real estate

Hamilton Real Estate Market – January 2020

The Hamilton real estate market is alive and well in 2020!

The average sale price in Hamilton increased by 12.81 per cent to $562,235 from $498,381 since January 2019.

With fewer average Days On Market and nearly 13 per cent less listings than the same time last year, property owners are well poised if they are thinking about selling.

Condos in Hamilton saw the largest jump in average sale price at $378,974 from $298,706(nearly 27 per cent) compared to January last year.

West Hamilton had a 30 per cent increase with an average sale price of $559,728 from $430,557 last year.

East Hamilton remains an affordable option with a modest increase of 9.13 per cent to $434,980.

The average sale price in Dundas was $669,920, showing a decrease of almost 11 per cent compared to January 2019.

Are you a first time home buyer or interested in investing in real estate? Email me your questions.

 

Hamilton Real Estate Market Update – December 2019

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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.

Hamilton Real Estate Market Update – October 2019

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Hamilton Real Estate Market Update – October 2019

Sellers rejoice, the weather may be getting colder but competition for home buyers in Hamilton is heating up. There were fewer new residential listings in Hamilton for October compared to both September 2019 as well as October 2018.

On the other hand, some good news for homebuyers. The average residential sale price in Hamilton has decreased from $554,784 to $544,980 since September.

Compared to October 2018, however, the average sale price of a home in Hamilton has increased by roughly 9 percent.

You may have seen the news last month that the average price of a detached home in Hamilton had reached over $600,000.

Not to worry though, the average sale price of a detached home in Hamilton has come down from $612,306 to a more comfortable $593,796.

Listings are staying on the market a little bit longer with an average of 30.1 days on the market compared to 28.9 in September 2019.

That number varies, of course – depending on the property style, with semi-detached and townhomes showing the shortest average of days on market (24.6). Detached homes and condos in Hamilton are at a near tie at a respective 31.8 and 31.4 for average days on market.

Condo sales in Hamilton had the highest increase in average price at 13.7 percent from $305,749 in October 2018 to $347,635 in October 2019.

Hamilton Real Estate Market By Area

The number of sales in Central Hamilton and Hamilton Mountain is picking up compared to last year.

Hamilton West showed a modest 3.45 percent increase in the average sale price to $541,435 from $523,372.

The average sale price in Hamilton East increased by 8.64 percent to $414,671 from $381,679.

Central Hamilton remains the most affordable with an average sale price of $398,287 – an increase of 6.69% from $373,324 in October 2018.

Hamilton Mountain had the biggest increase at 11.62% bringing the average residential sale price to $514,152 from $460,626 in October 2018.

Considering a move to Hamilton but not sure which neighbourhood would be the best fit for you? Use my neighbourhood guide to learn about popular neighbourhoods in Hamilton or contact me and I can help you find the perfect home.

1 - Hamilton Real Estate Market Update – October 20193 - Hamilton Real Estate Market Update – October 20192 - Hamilton Real Estate Market Update – October 2019

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