![525 Cannon St E, Hamilton](https://media.realestatebay.ca/X1/04/26/78/4/1.960.jpg)
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3
BEDROOMS2
BATHROOMS1
KITCHENS7 + 1
ROOMSX10426784
MLSIDContact Us
Property Description
Power of sale. Sold "as is".
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-07-06 | 2024-08-09 | 35 | $649,000 | $625,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
23' x 81'
Fronting
South
Taxes
$2,629 (2024)
Basement
Finished, Full
Exterior
Alum Siding, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
525 Cannon St E is a 3-bedroom 2-bathroom home listed for sale at $649,000, which is $123,642 (16.0%) lower than the average sold price of $772,642 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $16,553 (2.1%) compared to the previous 30 day period (November 19 - December 18) and up $7,282 (1.0%) from the same time one year ago.Inventory Change
There were 152 3-bedroom homes listed in Hamilton over the last 30 days (December 19 - January 17), which is down 25.5% compared with the previous 30 day period (November 19 - December 18) and up 60.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($19,596) (2.5%) below asking price over the last 30 days (December 19 - January 17), which represents a $3,694 increase compared to the previous 30 day period (November 19 - December 18) and ($32,665) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Hamilton over the last 30 days (December 19 - January 17) stood at 105.9%, up from 93.1% over the previous 30 days (November 19 - December 18) and down from 127.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Associates Realty Inc.
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