The latest RAHB statistics reported that the sales in May 2018 were down close to 30%.
The average price of freehold properties as well as condos declined.
Average house price in Hamilton Ontario stands at $544,400 with 9.3% yearly price increase. However, since April 2017 Hamilton real estate market has regressed strongly.
HAMILTON MOUNTAIN AVERAGE SALE PRICE AND NUMBER OF SALE IN DECEMBER 2017
2017 # OF SALES
2016 # OF SALES
DECEMBER 2017 AVG PRICE
DECEMBER 2016 AVG PRICE
HAMILTON MOUNTAIN AVG. HOUSE PRICE STANDS AT $464,324 WITH YEARLY PRICE INCREASE OF 7,2%. HOWEVER, SINCE APRIL 2017 AVERAGE SALE PRICE DROPPED BY 10%.
HAMILTON MOUNTAIN HOUSE PRICES BY DISTRICTS:
AVG SALE PRICE
FOR UPDATED HOMES HOUSE PRICES ON HAMILTON MOUNTAIN FROM APRIL 2017 PLEASE BE AWARE THAT SINCE APRIL HOUSE PRICES ON HAMILTON MOUNTAIN DROPPED BY 10%.
HAMILTON MOUNTAIN DISTRICT
AVEARGE HOUSE PRICE IN APRIL 2017
NUMBER OF SALES
An area of Hamilton Mountain reported an average sale price for March 2013 of $283,175. A year earlier the average sale price for homes on Hamilton Mountain was $260,250. This is a 8 per cent increase within a year.
The table below illustrates the change in the price of real estate on Hamilton Mountain as well as number of homes listed and sold between 2003 and 2012.
Hamilton Mountain is divided into West Mountain, Central Mountain and East Mountain.
West Mountain consists of 2 districts 15 and 16. District 15 with the average sale price of $300,280 and beautiful streets like Scenic Drive is also famous for its nice neighbourhoods like: Mountview, Westcliff, Buchanan or Bonnington. District 16th on the West Mountain has an average sale price of $296,087 and consists of few neighbourhoods and communities:Fessendeen, Gurnett, Gilbert, Gilkson, Falkirk East and West, Kennedy, Gourley, Rolston, Yeloville and Kerningham.
Central Mountain consists of very affordable district 17th which reports average sale price in march 2013 of $205,782 and district 18th with more expensive homes and average sale price of $321,573.
District 17th has many affordable neighbourhoods within its border like: Centremount, Inch Park, Eastmont, Raleigh, Macassa, Burkhome, Hill Park, Balour. More expensive district 18 on Central Mountain contains neighbourhgoods such as:Greeningdon, Bruleville, Thorner, Lawfield, Randall, Rushdale, Crerar, Jerome, Ryckmans Corner, Barnstown, Butler, Elanor.
East Mountain contains districts 25th with the average price of $247,322 and 26th with $333,846. District 25 has 3 neighbourhoods within its boundry: Sunninghill, Hampton Heights and Huntington. District 26th however is bigger in size and contains following neighbourhoods: Berrisfield, Lisgar, Trenholme, Albion Falls, Rymal, Templemead, Broughton East and Quindale.
Please refer to graph below for average sale prices of homes and house in particular districts in Hamilton Ontario:
To get any information about real estate in Hamilton Ontario please contact top producing realtors Waldi and Margaret Niburski we will be happy to assist you!