PHOTOS: The most and least expensive homes sold in Hamilton in August 2021
Published September 3, 2021 at 2:53 pm
The real estate market in Hamilton cooled off somewhat in August as inventory lagged and the average price of a home dipped slightly.
According to a recent report from the Realtors Association of Hamilton-Burlington (RAHB), 1,201 sales of residential properties located within the RAHB market area (Hamilton, Burlington, Haldimand and Niagara North) were processed through MLS in August.
This marks a five per cent decline in sales from both July 2021 and August 2020, the report notes.
Data shows that the average price for residential properties was $839,881 which was a decrease of nearly one per cent from last month compared to an increase of nearly 21 per cent from August 2020.
New listings were down nine per cent since last month and down 15 per cent since last August.
“In line with seasonal trends, July and August tend to have fewer new listings and sales which is exactly the case here,” said RAHB President Donna Bacher in the report.
“Even though we have fewer active listings and sales, we are also seeing a slight dip in the average sale price. Overall the same story continues and that is that the level of inventory remains at critical low levels. We definitely need more supply on the market.”
So, here’s the most affordable and most expensive homes sold in Hamilton in the month of August 2021.
This central Hamilton home was listed for $399,900 and sold for $385,000. This very conveniently located property featured four bedrooms, one bathroom, a huge detached garage, hardwood throughout, nice size backyard and plenty of charm.
Located in west Hamilton, this bungalow was listed for $389,000 and sold for the asking price. It featured two bedrooms and one bathroom and was located on a sizeable pie-shaped and private lot with plenty of mature trees.
This northeast Hamilton home was listed for $399,900 and sold for $400,000. It featured two bedrooms, two bathrooms, a ton of new upgrades including new flooring throughout, fresh paint everywhere and tons of big, bright windows.
This charming north Hamilton bungalow was listed for $399,900 and sold for $400,000. It featured two bedrooms, one bathroom, main-floor laundry, a beautiful and big yard that offers plenty of privacy and private parking in the back.
This north Hamilton property was listed for $399,900 and sold for $410,000. Besides being conveniently located close to all amenities, this two-storey home featured three bedrooms, one bathroom, big bright rooms, tons of character and a huge backyard.
This rural Dundas property was listed for $2,999,900 and sold for $2,100,000. This home, built in the 1920s, featured four bedrooms and three bathrooms, a self-contained in-law suite with a separate entrance, and a number of upgraded big-ticket items like windows, furnace, roof and plumbing.
The Waterdown home was listed for $2,300,000 and sold for $2,275,000. This lush, rural property featured three bedrooms, four bathrooms, a three-car heated and detached garage, a backyard oasis equipped with a saltwater pool and wraparound deck and tasteful renovations throughout.
This Ancaster home was listed for $2,500,000 and sold for $2,445,000. This custom-built home, located on a huge 116.67 x 87.18 foot lot featured five bedrooms, four bathrooms, a breathtaking chef’s kitchen with a butler’s pantry, a big centre island and two laundry rooms.
Ideally located in Ancaster, this home was listed for $2,600,000 and sold for $2,540,000. This luxury home featured five bedrooms, four bathrooms, oversized windows throughout, high coffered ceilings, a huge gourmet kitchen and a basement walkout to a lush backyard.
This rural estate in Flamborough was listed for $3,875,000 and sold for $3,800,000. It featured four bedrooms, five bathrooms, a massive gourmet kitchen that overlooks a breathtaking vista and a gorgeous backyard with a huge saltwater pool.
— Photos and data courtesy Zoocasa and the Realtors Association of Hamilton-BurlingtonInsauga's Editorial Standards and Policies