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Real Estate, Real Estate Reports, Featured, Hamilton, Hamilton Real Estate, April 2019

Hamilton Area Real Estate Market Report // April 2019

May 03, 2019

 

The New Street April 2019 Greater Hamilton Region Real Estate Report //

 

Average Prices //

📊 The average price of a home in the Hamilton-Burlington Region was $528,286 in April
📊 This figure is consistent from the previous month of March, up only 2%
📊 Up 3.3% from April 2018
📊 Down 2.5% from April 2017 (when the market was getting heated) 
📊 20% jump from 3 years ago in 2016.

 

Sales Stats //

📊 Sales volume was up from last month by 19% and 6% up from April 2018, totaling 769 total sales in April
📊 This figure is down by 20% from April 2017 and 8% from April 2016 

 

Days to Sell & Months of Inventory //

📊 It currently takes 25 days to sell a home on average, this is down 21% from last month and 4% from last year. It takes 43% longer to sell a home when compared to April 2017.
📊 There is currently 2 months of supply on the market which is down from last month by 5% but up 33% from April 2018

 

Robert Jendrzejczak // NS Admin

As the Founder of New Street, Robert is passionate about optimizing the customer experience. He is a stickler for real-world business results. Rob has developed deep insights into the market and an insider perspective of what homebuyers are looking for these days. When he’s not helping New Street clients, he’s probably catching a run while purposefully ignoring the stop signs. Follow robertj.ca on Instagram.

All Stories By : Robert Jendrzejczak // NS Admin

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