Friday 22 June 2018

Market Snapshot: June 10-16, 2018

Local MLS® Sales Data

All Hamilton Real Estate Districts Combined*
Total Sales: 143
Average Price: $468,690
Median Price: $443,000
Avg Days On Market: 28

Sales volume receded this week, and sale prices dropped significantly.  This drop is not necessarily a concern as weekly fluctuations can be pretty dramatic.  It is likely to be an indication of a more active value market this particular week.  It will take time will tell if it suggests an unexpected shift in market direction.

No significant change in time-on-market.

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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