Market Snapshot for Greater Hamilton Area Districts
Total Sales: 120
Average Price: $284,269
YTD Average: $268,582
Avg Days On Market: 57
* Sales volume is typical for the time of year
* Average sale price is higher for this week than recent norms
* Average time on market was a little more than the normal 45-55 days, most likely due to seasonal influence
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