PLEASE SCROLL DOWN TO THE BOTTOM OF THE PAGE FOR THE NEWEST REAL ESTATE MARKET UPDATE, HOUSE PRICES FROM APRIL 2017.
Hamilton Ontario is one of the strongest housing markets in Canada. Finding a discounts on the house is quite difficult and many properties which are listed receive the multiple offers. Bidding wars are the new norm in Hamilton Ontario. Recently the house at 131 Grant Ave. in the inner-city sold for $100,100 over asking price. The list price was $199,900.
However, some economics predict that because Hamilton real estate market was so undervalued house prices will still grow over the next two years.
The average sale price on residential real estate in April 2015 was $361,711 9.4% change over a year ago.
The other advantage of Hamilton Ontario is the fact that the City has a wide spread of housing stock. The prices vary from $140,000 to over a million.
The downtown Hamilton Centre and East end are the new hot real estate spots in Hamilton Ontario. The prices were the lowest in that parts of the city.