Laura Doucette – Sales Representative | Sutton Group Innovative Realty Inc., Brokerage | 905-575-7070

Here’s What Happened

For Jan to June 2019

June 2019 had 1209 Residential Listings come through the Hamilton Real Estate Board which was slightly lower than June 2018 (1252) as reported by The REALTORS ® Association of Hamilton-Burlington (RAHB). Burlington is also down from last year, by 4% with only 414 New Listings (431 in June 2018).

Residential Sales located throughout the RAHB market area (including Burlington and all outlying areas covered by RAHB) of 1203 Properties were up this month, a 4.2% increase from the same month last year and down 10.5% over May 2019 and down 1.9% over April 2019. Residential Sales in Hamilton (which includes Hamilton plus Flamborough, Dundas, Ancaster, Waterdown, Stoney Creek and Glanbrook) were 789 of that total. The Average Hamilton Residential Sales Price of properties sold through the RAHB Multiple Listing Service® (MLS) system in June 2019 was $538,106 up 5% from the same month last year. Burlington is down 5% to $786,667. The end of month listing inventory shows 1656 Active Residential Listings, giving Hamilton 1.9 months of inventory, which is down 10% compared to 1846Properties still available for sale at the end of June last year which was 2.6 months of inventory. Burlington has 1.9 months of inventory (down 109%) with 541 active listings for sale. Average days on the market decreased from 27.5 to 25.5 this month for Hamilton, and also decreased in Burlington from 28 to 25.

Properties Sold Jan – June 2019 vs. 2018

RAHB Market ActivityNumber Of Sales YTD 2019Number of Sales YTD 2018Average Sale Price YTD 2019Average Sale Price YTD 2018
West Hamilton321287$487,095$474,031
East Hamilton455407$402,295$376,692
Central Hamilton537465$384,946$348,472
Hamilton Mountain929869$495,450$471,609
Burlington11981071$735,961$733,807
Ancaster286247$760,758$763,551
Dundas149132$614,430$574,900
Flamborough8777$862,871$826,565
Waterdown176161$706,279$640,885
Stoney Creek571461$545,280$524,280
Grimsby221233$570,871$561,069
Glanbrook270209$579,220$564,395
Dunnville9587$413,234$414,099
Caledonia9585$490,817$453,628

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.

10 Years Ago vs Now in 2019

West Hamilton Real Estate Neighbourhood Districts Laura Doucette Sutton West Hamilton
District 10, 11, 12

 

10 years ago in 2009, the average price was $244,063.

So far this year it is $487,095
and selling for 99% of asking price.

DistrictNeighbourhoodsHomes ListedHomes SoldAverage Price
10Bayfront, Strathcona, Central13393$451,589
11Westdale, Ainslie Wood15996$489,803
12Durand, Kirkendall200132$510,141

Central Hamilton
District 13, 14, 15, 20, 21, 22

 

10 years ago in 2009, the average price was $140,783.

So far this year it is $384,946
and selling for 101% of asking price.

DistrictNeighbourhoodsHomes ListedHomes SoldAverage Price
13North End8154$391,057
14Beasley, Landsdale206128$343,910
20Corktown, Stinson, Crown Point, Gibson, Stipley275201$379,013
21Central Mall Area6849$289,894
22St. Clair, Blakeley, Delta170105$487,545

East Hamilton
District 23, 24, 27, 28, 29

 

10 years ago in 2009, the average price was $172,667.

So far this year it is $402,295
and selling for 100% of asking price.

DistrictNeighbourhoodsHomes ListedHomes SoldAverage Price
23Homeside, Normanhurst, McQuesten, Parkview229170$357,450
24Rosedale, Bartonville, Glenview11584$432,305
27Riverdale, Kentley5038$426,305
28Greenford, Vincent, Gershome187152$411,611
29Hamilton Beach3211$655,318

Hamilton Mountain
District 15, 16, 17, 18, 25, 26

 

10 years ago in 2009, the average price was $227,801.

So far this year it is $495,450
and selling for 100% of asking price.

DistrictNeighbourhoodsHomes ListedHomes SoldAverage Price
15Mountview, Westcliffe, Buchanan, Southam, Bonnington, Mohawk14295$538,914
16Fessenden, Gilbert, Rolston, Yoeville, Gurnett, Gilkson, Gourley, Kerninghan, Falkirk East, Falkirk West, Kennedy338240$507,260
17Centremount, Inch Park, Eastmount, Raleigh, Balfour, Hill Park, Burkhome, Macassa261206$429,907
18Greeningdon, Bruleville, Thorner, Lawfield, Jerome, Crerar, Barnstown, Rushdale, Butler, Randall, Eleanor, Allison, Ryckmans Corners282196$542,658
25Sunninghill, Sherwood, Hampton Heights, Hurtington126101$490,674
26Berrisfield, Lisgar, Trenholme, Quinndale, Templemead, Broughton11791$470,926

10 Years Ago vs Now in 2019

Hamilton Surrounding Areas

Ancaster
District 42

 

10 years ago in 2009, the average price was $393,463.

So far this year it is $760,758
and selling for 98% of asking price.

Stoney Creek
District 50, 51, 52

 

10 years ago in 2009, the average price was $267,524.

So far this year it is $545,280
and selling for 98% of asking price.

Grimsby
District 54, 55

 

10 years ago in 2009, the average price was $2324,788.

So far this year it is $570,871
and selling for 98% of asking price.

Waterdown
District 46

 

10 years ago in 2009, the average price was $341,566.

So far this year it is $706,279
and selling for 99% of asking price.

Dundas
District 41

 

10 years ago in 2009, the average price was $312,956.

So far this year it is $614,430
and selling for 99% of asking price.

Burlington
District 30, 31, 32, 33, 34, 35, 36, 38

 

10 years ago in 2009, the average price was $373,359.

So far this year it is $735,961
and selling for 98% of asking price.

Glanbrook
District 53

 

10 years ago in 2009, the average price was $281,475.

So far this year it is $579,220
and selling for 98% of asking price.

Flamborough
District 40, 43, 44, 45

 

10 years ago in 2009, the average price was $534,926.

So far this year it is $862,871
and selling for 98% of asking price.