Friday 25 August 2017

Market Snapshot: August 13-19

Local MLS® Sales Data
All Hamilton Real Estate Districts Combined*


Total Sales: 174
Average Price: $437,154
Median Price: $420,000
Avg Days On Market: 32

Sales volume recovered from the dip the previous week, but sale prices held more or less steady.  Time on market is also almost unchanged.

Average price varies by district. Call to discuss sales data for your specific area, or for a sale price estimate specific to your property. **


*Ancaster, Dundas, Glanbrook, Hamilton, Stoney Creek, Waterdown 

** Not intended to solicit clients currently under contract.

Friday 18 August 2017

Market Snapshot: August 6-12

Local MLS® Sales Data
All Hamilton Real Estate Districts Combined*


Total Sales: 122
Average Price: $439,333
Median Price: $435,000
Avg Days On Market: 31

Even though sales dropped steeply this week and average time on market continues its climb toward past norms (35-40 days), average price recovered significantly from a surprising dip.

Average price varies by district. Call to discuss sales data for your specific area, or for a sale price estimate specific to your property. **


*Ancaster, Dundas, Glanbrook, Hamilton, Stoney Creek, Waterdown 

** Not intended to solicit clients currently under contract.

Thursday 17 August 2017

What's this about free trees in Hamilton?

Did you know the City of Hamilton has a 'free trees' program?  

That's right: in a nutshell, the city's Street Tree Planting program offers free trees to homeowners in Hamilton.  

The trees are planted in the City-owned road allowance of your property, so obviously there are some requirements and guidelines. 

See the City of Hamilton website for [information on the program] and the application process.




Friday 11 August 2017

Market Snapshot: July 30-August 5

Local MLS® Sales Data
All Hamilton Real Estate Districts Combined*


Total Sales:171
Average Price:$383,790
Median Price: $402,000
Avg Days On Market:27

Average time on market has increased but still shorter than the norm for a balanced market (35-40 days). Sales volume has shrunk from the spring peak, but is still decent for the summer season.  Average sale price this week is much lower than the spring near $500,000.

Average price varies by district. Call to discuss sales data for your specific area, or for a sale price estimate specific to your property. **


*Ancaster, Dundas, Glanbrook, Hamilton, Stoney Creek, Waterdown 

** Not intended to solicit clients currently under contract.

Friday 4 August 2017

A BIT OF RELIEF FROM THE HEAT FOR HOME BUYERS

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 2,013 new listings were processed through the RAHB Multiple Listing Service® (MLS®) System in July, which is 17.8 per cent higher than the same month last year, 9.2 per cent higher than the 10-year average and the most new listings in the month of July.

All property sales were 20.4 per cent lower than the same month last year, and 12.9 per cent lower than the 10-year average.

[CLICK HERE] for the full report with stats (PDF)