The prices in real estate in Hamilton, in the Ontario region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Hamilton has increased during the last 6 months. In October, the average price per sq.feet was $444. In November this price pretty much remained the same at a value of $448 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 116 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $482.25 to $487 during February y March
Based upon to the price in Hamilton (cities), this has gone up in the last 6 months. The price in October is $646,308, rising in November till $714,060. In the following two months the average price has remained the same with regard to the previous two months from $680,184 to $714,159. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $697,171.5 and $692,767.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $675,275 they are 39 % more affordable than the average price for Hamilton. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $613,002.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $465 / sq.feet, with an average $482 / sq.feet price in Hamilton. The properties with the highest average prices have 1 bedroom. They are 5812 % more expensive than the average followed by properties with 2 bedrooms with a price at $509 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $675,275 it is 27 % cheaper than the average price in Hamilton. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $617,615 it is 6 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $402 / sq.feet followed by "Apartment" priced at $750 / sq.feet. "Condo" is the most costly type of property with a $95,018 / sq.feet cost followed by "House" with an average price of $70,021 / sq.feet.