The temperatures may be dropping but the same cannot be said about Hamilton Real Estate Prices. Increases have proved higher than Burlington but average prices remain cheaper overall. Despite new lending policies and stricter guidelines, buyer demand remains at an all time high. Year over year increases are 24.6% in Hamilton and days on market dropped 28% from 32 days down to 23.
Burlington trails slightly behind Hamilton with an average year-over-year price increase of 22.3%. Average price however shows quite the opposite. Freehold properties exceed that of Hamilton by over $300,000! Days on market has also decreased a staggering 47.1% over the same time last year. Burlington is one hot market! Click the images below to see all the stats.