Tuesday, August 14, 2018
Local Hamilton Market Conditions Real Estate Trends
Hamilton Centre continues to be a hot area, it's especially evident when we look at the charts and graphs provided by The REALTORS® Association of Hamilton-Burlington (RAHB). Overall we can see how much has changed since 2017 and that the average price of homes in Hamilton have gone up by $35,955, that's 7.6%.
You can see in the STATS Map shows us where Hamilton centre is. The area is defined by James St all the way to Kenilworth Ave. This image also shows each area in Hamilton and what the average cost of a home that was on the market in July 2018.
The STATS Chart again is making it clear that Hamilton's market is a hot one. We can see here that the highest percentage of homes sold were $600,000 or more.
By taking a look at the Marketing Activity Chart, you can see the difference between 2017 and 2018. We can again see how much the average price of a home in Hamilton has changed. This is a very important graphic, since it shows us how much the entire The Greater Hamilton Area is doing.
If you're thinking of selling your home and want to get a better idea of what it will cost, you can use our "What's My Home Worth" calculator. Then get in contact with one of our agents and they will be happy to go over what the results with you and what the next steps are.