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Statistics, House And Condo Values, MLS Properties For Sale
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Hamilton Real Estate Market
Report for April 2018
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Including Houses, Homes, Townhouses, & Condo Values, Current MLS Listings, & Average Selling Home Prices
For West, Central, East Hamilton, Mountain, Dundas, Ancaster, Glanbrook & Stoney Creek
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Spring Market in Hamilton for April 2018
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April 2018 showed 2189 New Listings come on the Hamilton Real Estate Market from ALL Property Types (2040 From Residential Only).
This is 10.5.0% LOWER than April 2017 (10.6% lower for Residential Only), and 5.2% lower than the 10-year average, as reported by The REALTORS ® Association of Hamilton-Burlington (RAHB).
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All Residential Only Sales of 1144 Properties were down by 31.0% from the same month last year. The Average Residential Sales Price of properties sold through the RAHB Multiple Listing Service® (MLS) system in April 2018 was $545,670 compared to $609,192 the same month last year, a decrease of 10.4%. That is broken down between Residential Freehold Average Price of $583,245 (down from $651,947 in April 2017) and the Condominium Average Price at $413,340 (down slightly from $415,651 in April 2017).
The end of month listing inventory shows 2132 Freehold Residential Properties left for sale, up 59.9% compared to 1333 still available for sale at the end of April last year. Average days on the market increased from 14 to 26 for Freehold in April this year, and from 15 to 29 for Condominiums.
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Get Your FREE Hamilton
Real Estate Map
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To get your Hamilton Real Estate Map and a comprehensive
Home Buyers Package, please Click Here
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Overview Of Hamilton Current
Average Year To Date Prices
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The map below shows the current Year to Date Average Residential Prices. Some of the areas not included in the map below are...
| Burlington $722,351 (up from $714,776) |
| Flamborough $735,208 (down from $748,293) |
| Waterdown $631,602 (down from $636,839) |
| Grimsby $563,335 (up from $550,319) |
| Caledonia $453,507 (down from $457,871) |
| Cayuga $476,454 (down from $503,929) |
| Dunnville $407,659 (up from $397,638) |
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!
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Always remember 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 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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Sign Up Now so you don't miss out on NEW Listings!
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Thinking Of Selling Your Home?
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Want to know what houses are selling for around you?
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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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Go To: HamiltonOntarioHomes.com |
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MLS Properties SOLD in April 2018
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Market Activity in
Selected RAHB Areas
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Number of Sales
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Average Sale Price
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Areas
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2017
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2018
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2017
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2018
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West Hamilton
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68 |
48 |
$494,558 |
$484,248
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East Hamilton
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106 |
85 |
$393,723 |
$377,132 |
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Central Hamilton
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134 |
87 |
$387,008 |
$369,926 |
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Hamilton Mountain
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239 |
183 |
$512,267 |
$475,251 |
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Burlington
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333 |
216 |
$781,773 |
$736,521 |
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Ancaster
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75 |
44 |
$824,959 |
$822,362 |
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Dundas
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34 |
22 |
$673,585 |
$622,473 |
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Flamborough
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35 |
13 |
$777,914 |
$703,000 |
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Waterdown
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51 |
34 |
$679,119 |
$622,504 |
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Stoney Creek
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112 |
88 |
$585,679 |
$513,975 |
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Grimsby
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46 |
37 |
$570,614 |
$599,598 |
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Glanbrook
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53 |
44 |
$553,207 |
$562,405 |
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Dunnville
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20 |
12 |
$432,234 |
$444,400 |
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Caledonia
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16 |
16 |
$447,394 |
$442,235 |
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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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