Looking for Current MLS Listings,Solds, Statistics, House
Prices in the Hamilton - Burlington Real Estate Board
Including Dundas, Ancaster, Waterdown, Stoney Creek
March Madness has hit the Real Estate Market in and around the area covered by RAHB (The REALTORS® Association of Hamilton-Burlington). There were 1887 properties listed in March compared to 1409 in February, with 1268 sold in March compared to only 948 in February. The average selling price went up slightly overall from $399,375 to $409,684. To break those numbers down a little more, there were 995 Residential houses sold with an average of $443,151 and 250 Condominiums sold with an average sales price of $284,784. Year to Date, for the first quarter of 2014, the numbers are still pointing to a strong Spring Market, especially since winter is still not giving up on us. Residential Average price is $398,604, up just over 7% from last year at this time, and Condo's are up almost 8.5% with an average of $264,938.
Sellers Market vs Buyers Market. Right now most parts of Hamilton, all of Dundas, Ancaster, Waterdown, Burlington, are experiencing a Sellers Market. That means there are many more Buyers looking to buy Real Estate, than there are houses and condo's for sale. Not all houses are selling quickly though. It is important for Buyers to be well educated by a LOCAL Real Estate Agent to find out if the pricing is right on a home, before they find themselves emotionally buying an overpriced listing. Buyers should make sure they are looking at comparable SOLDS in the area before proceeding to put in an Offer of Purchase and Sale, and always make sure they have already been pre-approved for a mortgage with the bank or better still, with a Mortgage Broker. Sellers that have talked to LOCAL Real Estate Agents will know the best price to put on their house to sell it quickly for the most money. They should make sure it is easy for people to come and see the property and that it is super CLEAN. Sellers know they have the right price in a Sellers Market usually in the first couple of weeks of listing their home on MLS. In fact, there are many areas right now that are experiencing Multiple Offers.
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.
Thinking Of SELLING Your House?
Get yourFREEHard Copy of"How to Sell Your House for Top Dollar Fast"Book!
If you are thinking of selling your house in Hamilton, Ancaster, Dundas, or Stoney Creek, what you do right now could mean the difference of Thousands of Dollars, especially if you are buying another home!
If you're going to be moving to Hamilton in the next few months, or you just want to keep an eye on what properties are coming on the Market, get your FREE MarketWATCH Subscription and receive weekly updates of all the new listings of homes, houses and condos, in every price range and Hamilton Neighborhood.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other
reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping",
"database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information provided by members of The Canadian Real Estate Association, who are responsible for
its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
This website is operated by a brokerage or sales person who is a member of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real
Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules and the
REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are
members of CREA.
The trademarks MLS®, Multiple Listing Service®, and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the
purchase, sale and lease of real estate as part of a cooperative selling system. Canadian Real Estate Association Last Updated: 8/17/2019 11:09:41 AM