Hamilton Area Statistics for February 2021
Here’s What Happened This Month!
Downtown Central Hamilton – Listing Price $399,990 – Selling Price $620,500
Hamilton Mountain – Listing Price $499,999 – Selling Price $720,000
Dundas – Listing Price $999,900 – Selling Price $1,215,000
Ancaster – Listing Price $949,900 – Selling Price $1,420,820
Burlington – Listing Price $1,199,900 – Selling Price $1,485,000
Right now the Hamilton-Burlington Area is still experiencing a Strong Sellers Market, where the ratio of Homes Sold to Homes Listed is above 60%, currently sitting at 85%. In other words, 8.5 homes are sold for every 10 new listings.
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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MLS® Property Listings in February 2021
|RAHB Market Activity||Number Of Sales Feb 2021||Number of Sales Feb 2020||Average Sale Price Feb 2021||Average Sale Price Feb 2020|
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.