Hamilton Area Statistics for April 2022
Here’s What Happened This Month!
Buyers Market Below 40%
Balanced Market Between 40% and 60%
Sellers Market Above 60%
(Ratio of homes sold to homes listed)
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Year To Date Average Prices for Hamilton
The map below shows the current Year to Date Average Residential Prices. Some of the areas not included in the map are to the right:
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!
Burlington – $1,347,359 – Down
Flambourgh – $1,620,456 – Down
Waterdown – $1,199,809 – Up
Grimsby – $1,064189 – Up
Caledonia – $957,441 – Down
Cayuga – $1,003,614 – Down
Dunnville – $761,114 – Down
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!
MLS® Property Listings in April 2022
| RAHB Market Activity | Number Of Sales Apr 2022 | Number of Sales Apr 2021 | Average Sale Price Apr 2022 | Average Sale Price Apr 2021 |
|---|---|---|---|---|
| West Hamilton | 62 | 89 | $827,556 | $646,479 |
| East Hamilton | 87 | 138 | $745,602 | $618,641 |
| Central Hamilton | 115 | 177 | $680,043 | $573,872 |
| Hamilton Mountain | 183 | 263 | $891,355 | $737,178 |
| Flamborough | 29 | 33 | $1,554,369 | $1,234,664 |
| Dundas | 35 | 56 | $1,070,401 | $981,577 |
| Ancaster | 58 | 107 | $1,227,233 | $1,085,848 |
| Waterdown | 49 | 63 | $1,237,745 | $984,651 |
| Stoney Creek | 117 | 183 | $1,031,627 | $834,422 |
| Glanbrook | 48 | 76 | $1,054,468 | $864,281 |
| Burlington | 276 | 401 | $1,228,723 | $1,061,995 |
| Dunnville | 24 | 28 | $692,,846 | $604,593 |
| Cayuga | 5 | 7 | $738,000 | $696,529 |
| Caledonia | 15 | 20 | $934,467 | $793,555 |
| Hagersville | 11 | 13 | $776,182 | $625,269 |
| Seneca | 5 | 2 | $964,000 | $892,500 |
| Rainham | 5 | 5 | $784,580 | $672,500 |
| Grimsby | 64 | 76 | $1,114,576 | $890,871 |
| Smithville | 17 | 19 | $1,020,500 | $801,442 |
| West Lincoln | 3 | 5 | $1,143,533 | $1,364,340 |
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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