Hamilton MLS® Sold Data
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About Hamilton Real Estate
As a preferred city to commute to Toronto from, the city of Hamilton has become a prime location for homebuyers from the Greater Toronto Area (GTA). This has allowed Hamilton to build and grow a strong real estate market on average across the city. Home sales and house prices have risen steadily, and these numbers will continue to grow as Hamilton becomes a more affordable option than Toronto and other surrounding areas. Hamilton has a variety of housing developments that are constantly under construction to try and meet the housing demand. Single-family homes, low-rise and high-rise condos and townhouses that range in price, size and amenities can be found across Hamilton to offer something for everyone no matter your lifestyle needs.
Understanding the Hamilton Real Estate Market
Hamilton is a densely-populated port city that infuses big city life with industrial characteristics. Hamilton offers its residents a wide selection of activities to enjoy. There are the expected things that any city should have, like casual and fine-dining restaurants, bars, clubs, concert venues and art galleries. But there is also an assortment of conservation areas, parks, and historical sites. There is a lot of history in the city, and you can feel it as soon as you enter the city limits. Because of its proximity to the GTA, Niagara Falls and the U.S. border, properties get snatched up pretty quickly and only sit on the market for an average of two weeks. Properties also retain their value incredibly well. So, if you're considering buying in Hamilton and find a place you like, don’t wait for it and buy now.
Hamilton Real Estate Statistics
Hamilton real estate average sold price in the last 30 days (January 21 - February 19) was $768,880, which is $17,793 (2.3%) lower than the average price of $786,673 in the previous 30 day period (December 22 - January 20), and $9,223 (1.2%) up from the same period 1 year ago ($759,657). Hamilton real estate prices over the last 30 days are also $2,888 (0.4%) lower than the average selling price of $771,768 over the past year.
Hamilton average sold price for homes was $838,567 in the last 30 days (January 21 - February 19), which is $13,161 (1.6%) down from the average home price of $851,728 in the previous 30 day period (December 22 - January 20), and $18,248 (2.2%) lower than the same period 1 year ago ($856,815). In the last 30 days Hamilton the average home price was $6,042 (0.7%) higher than the average selling price of $832,524 over the last 12 months.
Average Hamilton condo sold price over the last 30 days (January 21 - February 19) was $432,011. During this period it was $32,784 (7.6%) down from the average price of condo of $464,795 during the previous 30 days (December 22 - January 20), and $71,546 (16.6%) higher compared to the same period 1 year ago ($360,465). In the last 30 days Hamilton the average condo price was $49,322 (11.4%) lower than the average selling price of $481,332 over the last year.
Average sold price of Hamilton townhouse was $687,596 in the last 30 days (January 21 - February 19), down $12,854 (1.9%) from the average townhome price of $700,450 over the previous 30 days (December 22 - January 20), and $625 (0.1%) higher than during to the same period 1 year ago ($686,971). Over the last 30 days the average townhouse price in Hamilton was $11,716 (1.7%) higher compared to the average selling price of $675,880 over the last 12 months.