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

Hamilton Real Estate Market Statistics for September 2019

 Friday, October 11, 2019     Kirsten McNamee     Local Hamilton Market Statistics

Featured Photo

The statistics for the September 2019 real estate market are in. They were provided by the REALTORs Association of Hamilton Burlington (RAHB). There were a recorded 1,020 sales of residential properties. September sales are down from August and July, however, they're up over September 2018 by 3.2%. And the average price of a residential property increased by 8.5% from September 2018 to $609,562. 

Let's now turn our attention to the chart above, Residential Market Activity for RAHB Areas. We can see that the Hamilton Mountain had a total of 168 sales with an average property selling for $494,816. This area had the highest number of sales for the month of September. 

The area coming in at second place for the highest number of sales was Stoney Creek with a total of 110 sales and an average price of a was $629,272. It should also be noted that the area with the highest costing properties were in Ancaster with an average property listed for $820,318. We can take a look at the map below and see an overview of each area and note the number of sales and the average cost of a property. 

average-residential-price-by-district-sept-2019

The above map, Average Residential Price by District, illustrates each area in Hamilton. We can clearly see each area and the number of sales and their average property cost for September 2019. It should be mentioned that sub areas, 17, 41, 42, 50, 51 and 53 had the highest number of sales for the month. 

We can also see that the areas with the highest average cost of a property were Ancaster, Flamborough and Glanbrook. For example, we saw the average cost of a property in Ancaster reported at $820,310. Next we'll turn our attention to the chart below to the Hamilton Residential Table.

hamilton-residential-table-sept-2019

By looking at the chart above, Hamilton Residential Table, we can see how the Hamilton real estate market was for September 2019. The chart breaks the numbers down for us so that we can have an even better understanding. There were a reported 655 sales for the month of September 2019. That's a 10% increase compared to the same time last year. 

The average listing price of a property increase to $554,784 which was a 10% increase from September 2018. And there were a reported 1,196 new listings recorded for the entire month with the average 28.9 days on the market. 

RAHB Statistics for September 2019

For the month of September 2019 there were a reported 1,020 sales of residential properties for the entire RAHB area. September sales are down from August and July but up from September 2018 by 3.2%. 

"With an increase in the number of homes currently available, and a more relaxed pace in the market, this may be an ideal opportunity for buyers to purchase their dream home. Average sale prices were up from September 2018 in all four of RAHB’s major communities, yet property activity varied when we look at the smaller individual communities. This is why working with a local REALTOR® is so important – we have the data, resources and first-hand knowledge of the communities in which we live and work.” - RAHB President Bob Van de Vrande. 

For More Information About These Statistics 

If you're looking for more in-depth statistics and matrix, please refer to RAHB's Hamilton Real Estate Statistics for September 2019. 

Contact a Sales Representative at Judy Marsales Real Estate

Now that we've reviewed the September statistics for 2019 you might have some questions. Contact one of our sales representatives today and they'll be happy to answer any questions. Have you been curious about what your home is worth? You can find that out now by trying our What's My Home Worth calculator. 


Hamilton Real Estate Market Statistics for August 2019

 Friday, September 13, 2019     Kirsten McNamee     Local Hamilton Market Statistics

Featured Photo

When we review the August 2019 statistics for Hamilton and the entire REALTORS® Association of Hamilton-Burlington (RAHB) areas. We learn that there was a reported 1,067 sales of residential properties. And the 2019 year-to-date number of sales is up 10.2% over 2018. It was also reported that the average price of a residential property increased by 6.4% from August 2018 to $599,589. 

let's now take a look at the above chart, Residential Market Activity for RAHB Areas. We can clearly see that the Hamilton Mountain once again saw the highest number sales with 153 sales of residential properties. And properties in that area had a average price of $498.854. 

The next area that we should make note of for August 2019 is Stoney Creek. Which had a total of 113 sales of residential properties with an average property at $598,291. The chart also indicates to us the area with the highest costing residential properties in the Hamilton. For August 2019 that area was Ancaster, with an average residential property at $778,307. Now let's turn our attention to the below map. 

Average Price by District August 2019

The map, Average Price by District for August 2019, illustrates each areas total number of sales and the average cost of a residential property. Can you spot your area? Each month these numbers can change but it's interesting to see what the number are like in your area. 

Let's look at August 2019 and see what areas had the strongest numbers. It becomes clear right away that the sub areas are, 16, 18, 42, 51 and 53. These areas had the highest number of residential property sales.

The area that had the highest costing residential properties was Stoney Creek, sub area 52. Properties in this area had an average cost of $787,500. Next we'll turn our attention to the chart below to the Hamilton Residential Table.

Hamilton Residential Table

When we look at the above chart, Hamilton Residential Table, we can focus on the sales activity and compare it to the same time last year. There were a reported 679 sales of residential properties in Hamilton in August 2019. That number is only down by 2% compared to 2018.

With an average listing price of $548,848 is an increase of 8% from the same time last year. And there were 1,474 active listings and a median days on market being 19 days. That's 4% less days on the market compared to the same time last year. Next we can look at the RAHB stats for the entire area and see what the total number of sales were and overall average residential properties were.

RAHB Statistics for August 2019 

For the month of August 2019 there were a reported 1,067 sales of residential properties in the RAHB area. Sales may have been down from July, June and August of this year. However, it's important to note that the 2019 year-to-date saw an increase of 10.2% over 2018. 

"The year-to-date number of sales is higher in 2019 compared to 2018 because we had a stronger spring. If the average price continues to increase and inventory stays low, we may shift out of the balanced market we've been experiencing over the last year and a half as we move into fall." - RAHB President Bob Van de Vrande. 

For More Information About These Statistics 

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

Contact a Sales Representative at Judy Marsales Real Estate 

Are you considering putting your home on the market this fall? If you have any questions or are looking for a sales representative to help you find your dream home, contact one of our incredible REALTORS® today. They would also be happy to answer any questions you might have about the August 2019 statistics. Have you been curious about what your home is worth? You can find that out now by trying our What's My Home Worth calculator. 


Hamilton Real Estate Market Statistics for July 2019

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

Featured Photo

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

Featured Photo

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

Featured Photo

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.