Friday 6 April 2018

Market Snapshot: March 25-31, 2018

Local MLS® Sales Data

All Hamilton Real Estate Districts Combined*
Total Sales: 164
Average Price: $494,174 
Median Price: $454,000 
Avg Days On Market: 24

Sales volume experienced another small uptick, but not enough to 'save' the month.  The [local real estate association has reported] March 2018 as being down almost 40% over the same month last year.

Average sale price continues to float just below the $500k mark, with the median fluctuating a bit and ending a bit softer this week.
Time on market continues typical weekly fluctuations, but remains below the historical norm of approximately 40 days.

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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