click here...for 2017 Hamilton Ontario property forecast, house prices and real estate market trends
DECEMBER 2016 MARKET ACTIVITY IN DUNDAS ONTARIO
NUMBER OF SALES
AVERAGE SALE PRICE
Average house sale price in Dundas Ontario increased by 37.6% in December 2016 in comparison to the same time year before.
The number of listings in Hamilton and area was down from the previous year. The simple rule of supply and demand applies to this housing market and will make prices in Dundas to go up. No listings and high demand for residential homes coming from buyers entering the market from GTA.
The region of Hamilton-Burlington will lead the country in real estate price growth again in 2017. The 2016 has been record breaking for this region with 20-per-cent year-over-year price growth. We predict that Dundas real estate prices will continue in the upward trend.
The average existing home price in Hamilton was $493,194 during the first eight months of 2016, in Dundas $662,172 while in Toronto $717,213.
CLICK HERE...FOR MORE INFO ABOUT REAL ESTATE IN DUNDAS ONTARIO
DUNDAS REAL ESTATE STYLES AND TYPES OF HOMES SOLD AND THEIR PRICES
Styles of homes in DUNDAS and the average HOME sale prices:
AVG. SALES PRICE FROM 2016
DAYS ON MARKET
SINGLE DETACHED HOMES
SEMIS (SEMI DETACHED HOMES
THE MOST POPULAR ST TYLES OF HOUSES IN ANCASTER ONTARIO AND THEIR PRICES
AVERAGE SALE PRICE IN 2016
BUNGALOW 1 STOREY
RAISED ELEVATED RANCH
RESIDENTIAL SALES BY PROPERTY TYPE IN HAMILTON ONTARIO AND SURROUNDING AREA INCLUDING DUNDAS ONTARIO
Hamilton Dundas and surrounding areas are becoming number one real estate market in Ontario. Many Buyers from GTA can not afford the Toronto prices and are willing to commute to Hamilton and Dundas were house and condo prices are so much lower.
Taking under consideration that number of sales in Dundas and lack of new listings we think that house the prices will continue to go up, probably in the single digit category.
PLEASE CLICK ON THE LINKS BELOW FOR HOMES CURRENTLY FOR SALE IN ANCASTER AND HAMILTON ONTARIO.