A recent report from the Realtors Association of Hamilton-Burlington (RAHB) noted that while the number of new listings was down to record lows in October, there was a marked increase in the number of sales in the area.
According to the report, there were 1,615 homes sold over the course of the month, which is up from 24 per cent from the same time last year.
The shortage of new listings, however, went a long way to driving up the price of properties in the Hamilton area, with the average price being $721,523, which is an increase of about 20 per cent from October 2019.
So what were people buying last month?
Here’s a look at the most and least expensive homes in Hamilton sold in the month of October.
- ‘Historically’ low inventory of new listings in Hamilton drives up average price of homes
- Church services and apple fritters; a (very) brief history of Hamilton’s 211 Locke in photos
- New condo and townhouse development to join ‘gateway’ to Hamilton’s downtown core
This West Mountain townhome was listed for $399,000 and sold for $480,000. It featured three bedrooms, three bathrooms, a finished basement and backyard. All of this was to be found in one of Hamilton’s most desirable and easily accessible neighbourhoods.
This Glanbrook all-brick townhome was listed for $479,900 and sold for $500,000. It featured modern design, open concept, two bedrooms and 1.5 baths. The middle of three levels featured a balcony overlooking the greenspace located immediately behind the home, the lowest level boasted a walkout to the backyard.
This semi-detached property on the West Mountain was listed for $419,900 and sold for $505,000. This ideally situated three-bedroom, 1.5 bath home was bright and spacious with tons of character and a massive backyard. It featured a finished basement and tons of storage, including a huge built-in master bedroom wardrobe.
This lower Stoney Creek home was listed for $549,900 and sold for $519,000. This property’s proximity to the waterfront is definitely a selling point, but the home itself featured four bedrooms and two bathrooms, newly renovated outdoor space overlooking the lake and lots of bright and airy interior living spaces.
This townhome on the West Mountain was listed for $474,900 and sold for $520,000. It offered three spacious bedroom and 2.5 bathrooms, a well-appointed kitchen and a bright and open main floor living space that opens to the backyard that is filled with mature trees.
This custom build on the Stoney Creek Mountain was listed for $1,598,000 and sold for $1,560,000. It featured 4 bedrooms and 3.5 bathrooms in more than 4,700 sq. ft. of living space. Every detail of the home’s design oozes sophistication and luxury. The modern kitchen and open-concept living area are an entertainer’s dream.
This Ancaster property was listed for $1,695,000and sold for $1,600,000. It featured four bedrooms and 3.5 bathrooms, a dream modern kitchen with a massive island and a bright, open-concept layout. The master bedroom is a true retreat with huge walk-in closet and spa-like bathroom.
This Ancaster home was listed for $1,595,000 and sold for $1,611,100. This five-bedroom, 3.5 bathroom home featured a huge open-concept main floor with a stunning, modern kitchen and beautiful craftsmanship throughout. The property on which this beauty sits is filled with mature trees and professional landscaping.
This Ancaster home was listed for $1,890,000 and sold for $1,700,000. This stunning home offered five bedrooms and three bathrooms, huge principal rooms with oversized windows in almost all of them. This all-brick home is situated on a stunning rural property with mature trees and greenspace as far as the eye can see.
This Glanbrook home was listed for $2,199,977 and sold for $2,000,000. This stunning rural estate featured four bedrooms and 3.5 bathrooms, a stunning chef’s kitchen and huge, luxury filled finished basement. This home sits on five acres of meticulously landscaped grounds, with additional 40 acres of farmland.