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Sutton Group Innovative Realty Inc, Brokerage

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To follow on our October 2012 Market Activity Report for Hamilton and Areas we reported that residential market in Hamilton saw 11.9% increase in average sale price comparing to the same time last year. Hamilton West reported a great 19% avarage price increase. Neighbourhood of Westdale belongs to Hamilton West.


A table belowe compares Hamilton West sales numbers and average sale price in October 2012 vs. October 2011:

  # of Sales Average Sale Price
2011 46 $252,661
2012 54 $300,178

3rd quarter of 2012 in Westdale Hamilton represents a very strong market with the average list price: $430,358 and average sale price: $414,777.

  2nd quarter of 2012 3rd quarter of 2012
# of sales 16 9
average sale price $448,973 $414,777
days on the market 23 31
% of sale price vs. list price 98% 96%
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3rd Quarter of 2012 in Westdale shows a significant decrease in the number of sales in comparison to 2nd quarter of 2012. Summer slow down could be responsible for this. The average sale price have also noticed a small decrease in comparison to the 2nd quarter. Number of DOM (days on the market) increased to 31 so it took on average a bit longer to sell a home in Westdale, Hamilton. However, the real estate market in Westdale will continue to grow and proximity to McMaster makes Westdale a fantastic spot for investement in real estate!

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street name abbrev. home type home type list price bedrms. DOM
South Oval   detached 2.5stry $399,900 4+1 52
Paradise Rd. detached 2 stry $449,900 4+2 16
Broadway Ave. detached 2 stry $319,900 6 28
Haddon Ave. detached 2 stry $394,900 4+2 51
Cline Ave. detached 1.5stry $399,423 4 27
Forsyth Ave. detached 2 stry $549,900 4+2 41
Main St. detached 1 stry $374,900 4+3 16
Dromore Cr. detached 2.5stry $584,900 4 8
North Oval   detached 2.5stry $399,500 3+1 43

In the table above we have compiled the recent sales in Westdale from 1st of July 2012 to 30th of September 2012. Please contact us with regards to the sale price of those homes.

Waldi and Margaret Niburski, we make dreams affordable!

For more listings in Westdale Hamilton click here...

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