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Residential Statistics, House & Condo Values, MLS® Properties For Sale 

 

Hamilton Ontario Real Estate

 

Market Report for January 2019 

 

 January 2019 Real Estate Residential Sold Statistics in Hamilton Ontario Laura Doucette Sutton

 
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 January 2019
 
Hamilton Real Estate Statistics
January 2019 had over 58 cm of snow and still showed 809 New Residential MLS® Listings came through the Hamilton Real Estate Board. This is 22% HIGHER than January 2018 as reported by The REALTORS ® Association of Hamilton-Burlington (RAHB).  Burlington is UP 24% with 322 New Listings. 
Residential Sales located throughout the RAHB market area (including Burlington and all outlying areas covered by RAHB) of 593 Properties were down slightly, just 3.6% from the same month last year. Residential Sales in Hamilton (which includes Hamilton plus Flamborough, Dundas, Ancaster, Waterdown, Stoney Creek and Glanbrook) were 376 of that total. The Average Hamilton Residential Sales Price of properties sold through the RAHB Multiple Listing Service® (MLS®) system in January 2019 was $495,996 up 2% from $485,658 the same month last year. Burlington is up 5% to $712,040. The end of month listing inventory shows 1139 Active Residential Listings, giving Hamilton 3 months of inventory, which is up slightly, 0.9% compared to 827 Properties still available for sale at the end of January last year which was 2.1 months of inventory. Burlington has 2.6 months of inventory (up just 0.5%) with 368 active listings for sale. Average days on the market increased from 33 to 36 this year for Hamilton and increased in Burlington from 35.1 to 36.3.
 
The Hamilton - Burlington Areas presently sitting in a Balanced Market, where the ratio of Homes Sold to Homes Listed is between 40% and 60%, currently sitting at 46.7% for Residential, (in other words, just under 5 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%. 
 
 

 

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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 $700,984Flamborough $727,689
Waterdown $699,875Grimsby $557,198
Caledonia $441,309Cayuga $492,500
Dunnville $396,882 


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! 

Hamilton MLS Property Sold Statistics Laura Doucette January 2019

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 Realtor.ca 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? 
 
Go To: HamiltonOntarioRealEstateHelp.com

 

 

MLS® Properties SOLD in January 2019

 Market Activity in

Selected RAHB Areas

Number of Sales

Average Sale Price

Areas

2019

2018

2019

2018

West Hamilton

3135$430,557

$482,290

East Hamilton

4146$395,419$381,305

Central Hamilton

5359$348,845$332,897

Hamilton Mountain

10396$476,224$468,404

Flamborough

78$467,500 $778,938

Dundas

1317$750,362$656,300

Ancaster

2627$739,981$648,396

Waterdown

1126$676,455$632,538

Stoney Creek

6445$526,121$492,130

Glanbrook

2523$599,394$506,557

Burlington

143138$712,713$677,557

Dunnville

1513$396,882$309,846

Cayuga

25$492,500$510,800

Caledonia

1216$439,376 $448,713

Hagersville

38$377,667 $379,075

Seneca

05$000,000 $617,200 

Rainham

22$500,000 $292,500

Grimsby

3125$581,766$488,068

Smithville

36$428,300$452,900

West Lincoln

31$910,000$1,225,000

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.

 

 

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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. 

 

 
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