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HAMILTON ONTARIO REAL ESTATE

HOUSE PRICES

PROPERTY VALUES

HOME SALES APRIL 2017

 

 

House sales in Hamilton and Burlington skyrocketed in April. The Realtors association of Hamilton-Burlington reported 1,770 sales in April which is 7.5 per cent higher than April 2016.

hamilton ontario real estate house prices property sales april 2017

The average residential sale price in Hamilton was $541,720 while the average number of days on the market decreased from 23 in April 2016 to 14 days in April 2017.

residential house price hamilton ontario real estate 2017

Freeholds average sale price in Hamilton Ontario $574,829. Sale price of freehold homes increased over a year

by 28.8%

Condominium or condos average sale price from April 2017 stands at $370,621 which is an increase of 25.1%

district house prices hamilton ontario real estate april 2017

 

 

 monthly house prices hamilton ontario real estate april 2017

As seen on the above chart Hamilton area house sales continue to climb at record highs.  Areas as Hamilton East, Hamilton Mountain Ancaster or Stoney Creek report greatest year-over-year increase in house prices  in many years.  However, in Toronto homes sales dropped in April compared to a year before though property prices continued to climb. It is hard to say if the dropped in house sales in Toronto is a sign of homebuyers reacting to the strong price growth at the begining of 2017 or if this was an impact of province 's new measures to cool a real estate market a bit.

hamilton ontario real estate home prices property values listings april 2017 outlying area

 

Despite the fact that Toronto Real Estate Board reported that the total number of transactions in April slipped 3.2% the average price for all properties in Greater Toronto Area rose by 24.5%.

We strongly believe that Hamilton, Ancaster and Stoney Creek is still a great place to invest into real estate.

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