Friday 2 March 2018

Market Snapshot: February 18-24, 2018

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


Total Sales: 97
Average Price: $506,370
 
Median Price: $467,000  
Avg Days On Market: 41
  
Sales volume seems particularly slow this week, but that may have been influenced by the presence of the Family Day weekend.
 

Average and median sale prices continue to hover in the same area, with average floating around the $500k point.  The question is whether the spring market will bring greater price surges.
 
Time on market bumped back up to a more normal figure for this week.
 
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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