PHOTOS: The cheapest — and most expensive — homes sold in Hamilton in June
The month of June saw a significant improvement in home sales in Hamilton-Burlington as the area's progression into Phase 2 of reopening gave buyers and sellers renewed confidence.
Data from the Realtors Association of Hamilton-Burlington (RAHB) shows that 1,304 homes sold in
June 2020 - marking a 53 per cent increase over last month, and just 0.2 per cent decline compared to June 2019.
Prices continued to grow steadily in the are - the average home price for all residential properties in June was $675,223, representing a 13.7 per cent increase year-over-year and three per cent increase month-over-month.
RAHB president Kathy Della-Nebbia said in a report earlier this month "COVID-19 seems to have pushed the market back by a few months" as the spring market is otherwise typically far busier than the summer.
In Hamilton, in particular, 825 homes sold in June, representing a modest four per cent annual drop.
New listings in Hamilton remain 10 per cent lower than 2019 -1,160 new homes were listed this June compared to 1,288 in June 2019.
As such, with home sales picking up and relatively limited inventory available, Hamilton exhibited seller's market conditions with a sales-to-new-listings ratio (SNLR) of 71 per cent. That meant that competition conditions favoured sellers slightly more than buyers in Hamilton in June.
The average home price in Hamilton grew slightly more than the regional average; increasing by
14 per cent annually to $619,049.
A closer look at specific property types reveals that the average home price for Hamilton detached properties in June was $677,065 (vs. $594,830 in June 2019), for semi/town/row/link style properties it was $523,466 (vs. $476,728 in June 2019), and for apartment-style properties in Hamilton, the average price was $340,106 (vs. $304,449 last year).
So, without further ado, here are the most and least affordable homes sold in Hamilton last month.
48-10 Angus Rd.
This East Hamilton row house was listed for $364,900 and sold for $335,000. It offered a bright and spacious main floor, a basement with plenty of potential and a ton of privacy as it backed on to greenspace. This home is located close to all amenities and is situated in a quiet neighbourhood.
305-35 Southshore Cres.
This lakefront condo in Stoney Creek was listed for $349,900 and sold for $346,000. This bright and spacious one-bedroom unit featured an open-concept kitchen and living room area, with modern finishes. The unit housed its own laundry and boasts lovely views.
131-10 Angus Rd.
This east Hamilton property was listed for $349,900 and sold for $355,000.This three-bedroom, one-bathroom townhome boasts plenty of natural light and open-concept living and plenty of upgrades. This home is located in a quiet neighbourhood and backs onto greenspace.
30 Rosedale Crt.
This Stoney Creek home was listed for $339,900 and sold for $365,000.This bright and spacious four-bedroom, 1.5 bath end-unit townhome features a large great room with vaulted ceilings, gas fireplace, laminate flooring, and updated washrooms.
36-300 Rexford Dr.
This townhome on the East Mountain was listed for $366,800 and sold for $370,000.This end unit is situated in a lovely, quiet neighbourhood and boasts a fenced and private backyard. It offered three bedrooms and 1.5 bathrooms with several key upgrades.
This Ancaster property was listed for $2,999,444 and sold for $2,750,000.This opulent manor boasts five bedrooms and five bathrooms and more than 6,000 sq.-ft. of living space. Its breathtaking landscaping and craftsmanship are second to none.
174 Lloyminn Ave.
This gorgeous Ancaster home was listed for $2,599,000 and sold for $2,350,000.This is spectacular luxury bungalow with five bedrooms, six baths, and more than 6100 Sqft. of living space including a huge entertainer's basement and a luxurious backyard oasis.
43 Jameson Dr.
This stunning bungaloft in Flamborough was listed for $1,900,000 and sold for $1,937,900.It boasts a custom-designed open-concept great room with two-sided fireplace that opens to a covered porch, a luxury kitchen with oversized natural Quartzite island, high-end custom cabinetry and views of Dundas Valley.
84 Appaloosa Trail
This striking home in Flamborough was listed for $1,899,000 and sold for $1,800,000.The property, which backs on to conservation area and is breathtakingly landscaped, boasts 5,000 finished square feet of living space. The main level living area is completely open concept and custom-designed with high-end finishes.
7 Gregorio Crt.
This home in Ancaster was listed for 1,549,900 and sold for $1,535,000.This gorgeous custom built home features four bedrooms and four bathrooms and a beautifully appointed backyard oasis. The gourmet kitchen features a host of high-end appliances and finishes.
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