With this past December having so many downturns for so many people and businesses due to the pandemic, Real Estate across the Burlington and Greater Hamilton Area saw a major upturn in the price of homes across the board. The REALTORS® Association of Hamilton-Burlington (RAHB) reported a total of 877 sales of residential properties within the RAHB market area for December 2021.

It was reported that the area with the greatest number of residential property sales in December 2021 was the Hamilton Mountain. There were a total of 127 sales and with an average property price of $883,826. The above chart also shows us what area had the highest average property price. For December 2021 that area was Ancaster, with an average property price of $1,353,962. This was an increase when compared to the same time last year. Ancaster also reported to have had a total of 28 sales, which is a decrease compared to December 2020.

Another area to take note of is Flamborough, which had the second highest average property price of $1,326,038. This area reported a total of 10 sales for December 2021, a slight decrease when compared to the same time last year.

For More Information About These Statistics

If you’re looking for a more in-depth matrix of these statistics, please refer to the Hamilton Real Estate Statistics for December 2021. https://creastats.crea.ca/board/hami

If you have any questions about the December Real Estate Stats feel free to contact me. Have you been wondering what your property might be worth? Contact me today for a free Market Evaluation.