Market Snapshot for Greater Hamilton Area Districts
Total Sales: 108
Average Price: $265,557
YTD Average: $268,314
Avg Days On Market: 55
* Sales dropped this week, likely the beginning of the seasonal slow-down
* Average sale prices were a little below the YTD average, but not unusually so
* Average time on market was at the top end of normal (45-55 days)
Note: For this report, the "Greater Hamilton Area" includes Hamilton, Ancaster, Dundas, Flamborough, Glanbrook and Stoney Creek districts.
This "snapshot" only shows what the market is doing in a short time period, and is susceptible to typical weekly fluctuations, so it should not be given great consideration in predicting what the market will do, even in the short-term.
It is also important to remember that this average price reflects what the overall market is doing, but does not show what any one property is worth or what sales prices are like in a specificarea or 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