August was another great month for owning Real Estate in Hamilton. Average sales increased 8% while average prices increased a little more than 5% year over year, according to the Realtors Association of Hamilton / Burlington.

Hamilton still offers considerable value compared to other areas, specifically the GTA. Average sale prices were:

Hamilton West : $315,305
Hamilton East : $235,177
Hamilton Centre : $181,848
Hamilton Mountain : $278,303

(Compare to the average sale price in Burlington of $488,823 ... Ancaster of $460,081 ... Waterdown/Flamboro of around $460,000).

Wondering what homes in your neighbourhood are selling for? Sign up for our "Eye on the Neighbourhood Program". Receive emails of newly listed homes in your area and selling prices of those sold. Use the contact form below to contact us.

Until next month.