Hamilton Market Update January
If you’re thinking about selling your home, it's important to have a thorough understanding of what’s going on in the Hamilton market.
As we entered January we saw the lowest buyer demand in over 10 years! This is continuing as we near the end of January.
Behind the headlines & What it means to you
But this story looks very different as you begin to look at the different price ranges. While homes over $800,000 are in a balanced market, homes in the $500k to 800K range are technically in a sellers market. This is creating unique opportunities for homeowners thinking of moving up to $800k price point and higher where there is less competition.
Selling for a good price in the 500-800k range and buying for a good price in the 800k plus market could prove to be a smart move and very attainable.
Below are the top key stats in the Hamilton Real Estate Market.
Average Sales Price
Average Days on Market
Months of Supply