Information and updates about the Greater Hamilton Area Real Estate market conditions

Hamilton Real Estate Market Statistics for July 2019

 Thursday, August 8, 2019     Kirsten McNamee     Local Hamilton Market Statistics

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Let's review the above chart, Residential Market Activity for RAHB Areas, so we can get an overview how of the market did during the month of July 2019. It's very clear that this was a strong month for the Hamilton markets. The areas that had the highest number of sales were the Hamilton Mountain and Stoney Creek. 

The Hamilton Mountain saw 183 sales with an average listing price of $574,796. And Stoney Creek reported 112 sales with an average listing price of $562,277. Both areas had an increase in both the number of sales and the average listing price of a property, when compared to the same time last year. 

The chart also indicates to us what area had the highest costing properties. This was once again the area of Flamborough with an average listing price of $863,031. Now let's turn our attention to the map below, Average Residential Price by District, and we can get an even better idea of how each area did for the month of July 2019. 

Average Residential Price by District July 2019

Take a look at the above map, Average Residential Price by District for June. It illustrates each area with their total number of sales for the month and what the average price of a residential property was. You can take a look at your area or one you wish to move to and see what the average cost of a properties was and how many sales were reported for July 2019. 

We can see that once again the areas with the highest number of reported sales were sub areas, 16, 18, 42, 51 and 53. And Flamborough reported the highest average cost of a property, similarly to last month. Next we can view the chart below, Hamilton Residential Table, and see what the sales activity was like for the month of July 2019. 

Hamilton Residential Table July 2019

Please see the above chart, Hamilton Residential Table, this chart shows us that the sales activity has increased when compared to the same time last year. There were a reported 747 sales for the month of July 2019, this was a 6% increase from the same time last year. 

And there were 1,114 new listings reported in the Hamilton area with an average listing price of $553,749. We also like to note the number of days a property was on the market. For July 2019 the average days a property was on the market was 29.4 days and the median days was 19. 

RAHB Statistics for June 2019 

There were 1,170 sales of residential properties located within the RAHB market for July 2019. This is a 10.3% increase from July 2018 and the average price for a residential property increased by 0.9% from July 2018 to $593,702. 

"A yearly real estate cycle sees peaks in spring and fall, with a typically slower summer. Average prices have stayed fairly stable since the spring high, which could point toward a healthy fall market when we could see the number of sales edge higher again." - RAHB President Bob Van de Vrande 

For More Information About These Statistics 

If you’re looking for more in-depth statistics and additional metrics, please refer to RAHB's Hamilton Real Estate Market Statistics for July 2019

Contact a Sales Representative

Have you been thinking about moving? This might be the right time to contact one of Judy Marsales sales representatives. They would also be happy to discuss these June 2019 market statistics with you. And also what the next steps are in selling your home. And if you’re wondering what your home is worth, try our What's My Home Worth Calculator. 


Hamilton Real Estate Market Statistics for June 2019

 Wednesday, July 17, 2019     Kirsten McNamee     Local Hamilton Market Statistics

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By reviewing the above chart, Residential Market Activity for RAHB Areas we're able to get an overview how of the market did during the month of June 2019. It's very clear that the area with the highest number of sales was once again the Hamilton Mountain with 176 sales and an average listing price of $469,101.

It's also important to note that the average sales price for the Hamilton Mountain has increased when compared to the same time last year. Other areas to note that have had a high number of sales were Hamilton East and Stoney Creek, both had 109 sales. 

The chart also helps us to better understand what areas had the highest number of sales and what the average sale price of a property was. Flamborough has once again had the highest costing properties in the Hamilton area with an average price of $788, 273. Next we'll take a look at the Average Residential Price by District map for June. 

Average Residential Price by District for June

The map, Average Residential Price by District for June, illustrates each area with their total number of sales for the month and what the average price of a residential property was. We can clearly see that the areas with the highest number of sales were sub areas 16, 17, 23, 42, 50 and 51. 

Lets now review what the areas were with the highest average costing properties were, Ancaster, Flamborough, Stoney Creek and Waterdown. You can also take a look and see what your areas average cost of a home was for the month of June 2019.

It's very interesting to see how the market changes month to month and year to year. We can also take a look back and compare to the same time last year. And now we're going review next chart, the Hamilton Residential Table to better understand how the market did for June. 

Hamilton Residential Table for June

The above chart, Hamilton Residential Table shows us that the sales activity has increased when compared to the same time last year. With 789 sales for the month of June with an 11% increase. There were 1,209 new listings reported with an average listing price of $538, 106. This is a 5% increase when compared to the average listing price at the same time last year. 

It's also important to note that the average days on the market decreased from 27 days to only 25 when compared to June 2018. Now we can take a more in depth look at the over all RAHB area and the numbers that were reported for June 2019. 

RAHB Statistics for June 2019 

It was reported by RAHB that there were a total of 1,203 residential sales for June 2019. With an average price for residential properties increasing by 5.2% from June 2018 to $593, 549. It was also reported by RAHB that the number sales of single family properties within the RAHB area market increased by 11.6% compared to the same time last year. 

"The number of sales and average price is up over June 2018, showing that the market is edging higher since it balanced out last year. Sales have dropped compared to May and April of this year, but paired with a decrease of about 4% in the number of new listings this could indicate the market is tightening." - RAHB President Bob Van de Vrande 

For More Information About These Statistics 

If you’re looking for more in-depth statistics and additional metrics, please refer to RAHB's Hamilton Real Estate Market Statistics for June 2019. 

Contact a Sales Representative

Are you thinking about making a move and need to help you find the right home? Maybe now is the time to contact one of Judy Marsales sales representativesThey would also be happy to discuss these June 2019 market statistics with you. And also what the next steps are in selling your home. And if you’re wondering what your home is worth, try our What's My Home Worth Calculator. 


Hamilton Real Estate Market Statistics for May 2019

 Wednesday, June 5, 2019     Kirsten McNamee     Local Hamilton Market Statistics

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By reviewing the above chart, Residential Market Activity for RAHB Areas, we can clearly see that Hamilton Mountain was the leader this month in terms of sales with a total of 229. Stoney Creek was in second place with a total of 125 and Hamilton Centre with 119.

This chart helps us to better understand the May market with regards to the number of sales and the average sale price of a property according to the area. Flamborough had the highest costing properties with an average property going for $930,877. 

The Average Residential Price by District May 2019

Take a look at the above map, The Average Residential Price by District, it clearly illustrates the average price of a residential property in Hamilton and the surrounding areas. The top 4 areas with the highest costing properties were Flamborough, Ancaster, Watertown and Dundas.

The map also indicates to us what area had the most residential properties that were sold for the month. And for the month of May those areas were 16, 42, 51 and 53.

Hamilton Residential Table May 2019

The chart above, Hamilton Residential Table, indicates that the number of new listings when compared to the same time last year has continued to be steady at 1,430. And the average price of a home has increased by 6% to 549,891. While the average days a property is on the market holds steady and remains the same at 25 days, when compared to the same time last year.

RAHB Statistics for May 2019

There was a reported 1,344 sales of residential properties located in the RAHB market area. We also saw a 10.9% increase from May 2018 and a 9.6% increase over April 2019. It was also clear that there was an increase of 30.2% from March 2019. The average price of a property increased by 0.9% from May 2018 to $593,702.

“The number of sales increased double digest over last year and the number of new listings decreased by 5.2%, indicating that we are in the thick of a busy spring market for sellers. And prices only increasing an average of 0.9% over last year means buyers haven’t watched prices soar while they find the perfect home.” - RAHB President Bob Van de Vrande.

For More Information About These Statistics

If you’re looking for more in-depth statistics and additional metrics, please refer to RAHB's Hamilton Real Estate Market Statistics for May 2019 .

Contact a Sales Representative

Have you been thinking about moving? Maybe now is the time to contact one of our Sales Representatives. They would be happy to discuss not only these May 2019 market statistics but also next steps in selling your home. And if you’re wondering what your home is worth, please try our What's My Home Worth calculator. We look forward to working with you in the future. 


Hamilton Real Estate Market Statistics for April 2019

 Tuesday, May 7, 2019     Kirsten McNamee     Local Hamilton Market Statistics

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In the above chart, Residential Market Activity for RAHB Areas, we're able to have an overview of April 2019. The Hamilton Mountain had 177 sales and Hamilton Centre had 121 for the month of April 2019. The spring real estate market in Hamilton is off to a great start. From the Bay to the Escarpment we can see how each area did in terms of total sales for the month. And we can compare it to the same time last year, as well as the average cost of a home in each area. 

average-residential-price-by-district-ham-April-2019

Similarly to the first chart we're able to view each area in Hamilton and the surrounding areas. The Average Residential Price by District map illustrates the number of sales each area had plus the average cost of a home. For example sub areas 15, 17, 20, 23, 28 and 53 had the highest number of sales overall for the month of April. And sub areas 40, 42, 43, 44, 45, 52 and 53 (Waterdown, Flamborough, Glanbrook, Ancaster, Stoney Creek) had the highest average price of a home for the month. This map is a great way to see how the area that you live in did as well.

Table of Hamilton Residential Real Estate Market Statistics for April 2019

The Hamilton Residential Table indicates to us how Hamilton has done. The number of active listings when compared to the same time last year is showing an increase of 42% with 1,506 listings. And the average cost of a home in Hamilton has increased by 3% while the median price has increased by 7% at $504,000. There was a total of 769 sales which means there was an increase of 5% when compared to the same month last year. This is great for Hamilton showing us that the market is strong. 

RAHB Statistics for April 2019  

It was reported by the Real Estate Association of Hamilton Burlington (RAHB) that there were a reported 1,226 residential sales within the RAHB area. And it was reported that there was a 6.3% increase from April last year. There was an 18.8% increase over March 2019 and a 66.8% increase over February 2019. 

We learned that the average price for a residential property has increased by 3.9% from April 2018 to $589,324 for the entire RAHB area. "It's encouraging to see the overall number of sales increase since last year when the market balanced out from 2016 and 2017. Paired with a consistent increase in new listings month over month, Hamilton, Burlington and the outlying areas provide choice for buyers and a healthy market for seller," said RAHB President Bob Van de Vrande.

For more in-depth statistics and additional metrics, please refer to RAHB's April 2019 Hamilton Real Estate Market Activity and HPI Report

Thinking About Moving? You should get in touch with one of our sales representatives. They will be happy to go over the market stats with you and discuss possible next steps. And if you're wondering what your home is worth, try our what's my home worth calculator.


Hamilton Real Estate Market Statistics for March 2019

 Wednesday, April 3, 2019     Kirsten McNamee     Local Hamilton Market Statistics

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In the chart above, Residential Market Activity, we can see that the hot areas in Hamilton remain the same as they did last month. Those areas are Hamilton Mountain with 154 sales and Stoney Creek with 104 sales. Other areas to note are Hamilton East with 89 sales and Hamilton Centre with 83 sales for March 2019. You are also able to compare each area with March 2018 and see how they have increased or decreased. 

average-price-by-district-march-2019-ham

The above map, Average Residential Price by District, we get a great overview of Hamilton. We can see the average price of a property in each area. From the Bay to the Escarpment we can see that March 2019 was a strong (sub areas 16, 18, 20, 42, 53). And we can see that Flamborough and Ancaster remain the areas with the highest costing properties (sub areas 40, 42, 43, 44, 45). 

hamilton-residential-table-march-2019

Finally we have the Hamilton Residential Table, indicating to us that Hamilton has done very well for the month of March 2019. New listings increased by 4% with a total of 1,108 new listings. The average days a property was on the market was 17 days, only a small increase compared to the same time last year. And the average cost of a property was $519,309 a 6% increase from the same time last year. There was also a total of 649 sales, this was only slightly less than March 2018 with a difference of only 2%

RAHB Statistics for Hamilton

In March 2019 there was only a 1% drop and a 40% increase over February 2019. And there was a 74% increase over January 2019. We saw the average cost of a home increase by 4% to $575,099 from March 2018.

“The increase in the number of sales from January and February shows that we are full steam ahead and anticipate a healthy spring market. We experienced a 2% increase in the number of listings over last year, which means more overall choice for buyers.” - RAHB CEO George O’Neill

For more in-depth statistics and additional metrics, please refer to RAHB's March 2019 Hamilton Real Estate Market Activity and HPI Report

Are you considering selling your home? You should get in touch with one of our sales representatives. They will be happy to go over the market stats with you and discuss possible next steps. And if you're wondering what your home is worth, try our what's my home worth calculator.