Property prices for sale in Hamilton (Ontario)

The prices in real estate in Hamilton, in the Ontario region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$952,538.17
Average price last 6 months
$10,440.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hamilton has increased strongly during the last 6 months. In September, the average price per sq.feet was $541. In the following month the price per sq.feet increased considerably to $9,406. The price for the following two months in (November, December) had a considerable increment of 518 %. The price per sq.feet has had a considerable deflation of 4 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $15,376.75 to $567 during January, and February.

Average price

Based upon to the price in Hamilton (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $764,684. During October the price went through a considerable rise reaching $957,015. During the following two months (November, December) the average price had a considerable increase of 125 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $969,646.75 to $918,321 in January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $976,844 they are 43 % more affordable than the average price for Hamilton. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $758,572.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $543 / sq.feet, with an average $569 / sq.feet price in Hamilton. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $632 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $976,844 it is 40 % cheaper than the average price in Hamilton. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $959,016 it is 202 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $299 / sq.feet followed by "Townhouse" priced at $357 / sq.feet. "Condo" is the most costly type of property with a $586 / sq.feet cost followed by "House" with an average price of $574 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Hamilton
Number of properties used in region Ontario
$976,844
$569
8,684
470,264
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value