HOUSE PRICES, HOMES, CONDOS AND TOWNHOUSES FOR SALE
NEW STATS FROM HAMILTON-BURLINGTON REAL ESTATE BOARD FOR THE MONTH OF JUNE 2016 MLS LISTINGS:
Stats above show that we sill experiencing a Sellers market here in Hamilton and Burlington Ontario. The sales were down 8% in comparison to the June last year. Listings are down as well around 10% compared to the June 2015.
Average sale price of freehold properties is $464,497 and showed a 18.8% yearly increase.
Average sale price of condominiums (condos) increased 25.6% and stays at $305,238.
The average days on the market decreased from 29 to 22 in the freeholds and in the condominiums market decreased from 30 to 27.
As shown in the detail district graph above the home prices in Hamilton areas very. Hamilton West shows the highest house prices were in district 11 (popular neighbourhood of Westdale near McMaster University) 28 homes sold in June 2016 and the average sale price was $514, 967.
Hamilton Mountain shows steady price increase and area of central mountain (district 18) and the neighbourhood of Barnstown or Wellington Chase showed and average sale price of $442,670.
The lowest home prices are reported in East Hamilton as well as Hamilton Centre. District 20 in Hamilton Centre is still very affordable with the average house price at $264,942 and beautiful East Hamilton with its district 28 shows the average sale price at $272,933. The East Hamilton has many condos and townhouses in this area which is reflected in the lower sale price.
wellington chase Hamilton Mountain
View of Hamilton from the Escarpment
house in Dundas
Chart above shows avearge house price in Hamilton and areas in June 2016 in comparison to year earlier..
As seen Ancaster average house price stands at $679,409 with 9.9% yearly price increase.
Dundas average price is $574,991 with 13.9% increase.
Stoney Creek average house price stands at $489,945 with very high 19.22 percent house price increase within a year!
Please call us any time at 905-575-7070 to discuss your real estate needs.