Market Watch for Greater Hamilton Area Districts
Total Sales: 108
Average Price: $253,328
YTD Average: $267,637
Avg Days On Market: 61
* Sales took a dip, not unexpected for the Labour Day and back-to-school week
* Average price is well below recent norms and the YTD average
* Average time to a sale is longer than usual (45-55 days)
Note: For this report, the "Greater Hamilton Area" includes Hamilton, Ancaster, Dundas, Flamborough, Glanbrook and Stoney Creek districts.
It is important to remember that average price reflects what the overall market is doing, but does not give any real clues as to what an individual property is worth or what values are doing in a specific neighbourhood.
Contact me for your free no-obligation consultation if you'd like to know what your property might sell for. Call 905-512-4069 or email Jeff@JeffSellsHomes.ca