Market Commentary April 2025
With lower borrowing costs and home prices declining over the past year, It’s a wonderful time for potential buyers to explore their options and find the perfect home!
In March, the benchmark price in the Greater Hamilton Area was $754,900, which is over four percent lower than last year. Although prices have trended down for four consecutive months, the increased number of new listings is creating a favourable environment for buyers. The sales-to-new listings ratio is at 40%, contributing to a healthy four-month supply of homes.
While these trends are clear overall, there’s notable variation from neighbourhood to neighbourhood—some homes sell quickly, while others linger. Buyers are often wary of fixer-uppers unless the price is right, and newly built homes need to meet all criteria to attract offers.
Overall, buyers are currently in a strong position. If you're curious about what a buyer might pay for your home, feel free to reach out for a neighbourhood report!
Warm regards, Stella
Hamilton Stats march 2025
Read the Real Estate Association of Hamilton and Burlington (RAHB ) report for March 2025
Important Things To Look For During An Open House
The spring market is upon us, bringing with it a surge of new opportunities for homebuyers here in Hamilton. Attending open houses can be a pivotal step in your journey towards finding your next home. It's not just about the curb appeal or the staging; there are key considerations that can make all the difference in your decision-making process. Let’s chat more about what’s important to look for when viewing an open house…
Why 2025 is a good time to sell and move on
Given the whirlwind of events happening in the US and overseas, many owners are asking whether they should sell their home now or wait until next year, when perhaps the dust has settled.
Insight: The Art Of Living Magazine – The Connection Issue
A person’s success, whether in business or in life, is inextricably tied to the strength of one’s connections. However, it is not simply the number of people you know…