Friday 16 February 2018

Market Snapshot: February 4-10 2018

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

Total Sales: 118
Average Price:
$525,984 Median Price: $482,500 Avg Days On Market: 37

Sales volume is pretty typical for this time of year.  

Average and median sale prices have been advancing slowly but steadily, with the average now back over the $500k point that we were starting to see last year before changes to the mortgage rules.  

Time on market is still pretty typical, with properties sold this week being on market slightly less than the historical norm of 40-45 days. This is a slight improvement over the last few weeks.
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.

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