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Hamilton house prices are generally lower than many other parts of the GTA. However, they are beginning to trend upward year-over-year much like the rest of the region. In 2020, the average price for a detached house in Hamilton was $757,000.
Although Hamilton is mostly known for its great detached homes, large properties, and great value, there is a demand for townhome and condo properties. In 2020 the average townhouse price was $596,000 and the average condo-style apartment price was $408,000. However, these prices are steadily increasing as homebuyers in larger cities like Toronto move to outlying towns like Hamilton, where the real estate market is more affordable.
Hamilton is currently in the midst of a development boom. With new infrastructures such as an LRT, new GO Train developments, and several revitalization projects in the city, Hamilton is seeing a lot of new housing developments built in the past few years. Whether you are looking for a beautiful master-planned new subdivision, a trendy, modern condo, or a brand-new conveniently located townhouse, there is a new development in Hamilton that will work with your lifestyle.
The best way to buy a house in Hamilton is to work with a reputable local Hamilton real estate agent. Quality local agents will act as your guide and advocate throughout the entire home buying process. From securing financing to negotiating pricing and conditions, working with a local agent will ensure you find your perfect Hamilton home and get it for a great price. In today’s competitive seller’s market, it’s more important than ever to have someone on your side who knows the area, the market, and can help you streamline the process successfully. You can learn more about buying a home with Michael St. Jean Realty right here.
Buying a condo or pre-construction home can be a little different than buying a resale property. However, working with experienced Hamilton real estate agents can go a long way. Local agents have their finger on the pulse of new developments and pre-construction in the area. They know what the builders are doing, and they can provide essential guidance and advice on navigating the pre-construction market successfully. Whether you’re looking for a trendy apartment-style condo or you prefer a townhouse in a family-friendly neighbourhood, your trusted local Hamilton real estate agent can help find what you’re looking for. Learn more about buying a condo with Michael St. Jean Realty here.
In short, yes. It’s a great time to sell your house in Hamilton! Along with all the new developments, revitalization, and infrastructure improvements, Hamilton is quickly becoming one of the best cities for buyers in the GTA. With convenient access to Toronto, it’s great for commuters, and its strong economy makes it a great place to live, work, and play. Buyers are looking at Hamilton because it’s more affordable than neighbouring cities like Burlington, but there are many great amenities and conveniences to take advantage of. The competitive seller’s market also plays a huge factor. With low supply and high demand, sellers can sell their homes faster, and for more money, making it a great time to sell your home. Learn more about selling your home with Michael St. Jean Realty here.
Like the detached house market, selling a condo in Hamilton is also a great idea right now. Hamilton has a strong and diverse economy, with many schools, hospitals, and arts industries quickly taking over the scene. With these industries gaining strength in the area, we see Hamilton become more popular with young professionals looking to enter the market in a relatively affordable, nice community. Hamilton condos check all the boxes for these types of buyers, making it a great time to work with a real estate agent in Hamilton and sell your condo. Learn more about selling your condo with Michael St. Jean Realty here.
In general, Central and East Hamilton neighbourhoods are among the most affordable in the city. Parts of Stoney Creek are also known for their affordability and the Hamilton Mountain area is also considered affordable for many buyers. If you are looking for some of the most affordable neighborhoods in the city, a local Hamilton real estate agent can help guide you through some of the best areas to find what you are looking for. Interested in learning more about Hamilton real estate? Read more here.
Hamilton is full of gorgeous neighbourhoods with luxurious amenities and fantastic views. Some of the most luxurious homes in Hamilton are found in neighbourhoods like Ancaster, Waterdown, Dundas, West Hamilton, and some parts of Stoney Creek. If you are considering luxury real estate for your next home purchase, it’s strongly recommended that you work with a real estate agent in Hamilton, Ontario with experience in the luxury market. Learn more about Hamilton homes for sale here.
If you are planning to relocate to Hamilton, you would certainly want to engage a local real estate agent to help with your search. Not only are real estate agents in Hamilton more informed on local politics, events, and happenings, but they also have better knowledge of the area’s micro-markets and diverse neighbourhoods. Unlike working with a remote agent, a local Hamilton real estate agent lives and breathes the community and can help you find the perfect home or condo for a great price. On the other hand, selling a condo with a local agent is absolutely preferred, for the same reasons. These agents know what buyers in Hamilton are looking for and can perfectly position your property to appeal to these types of buyers for a fast and profitable sale.
The easy way to find a local Hamilton real estate agent is to go with the agent you recognize! Work with a brand you can trust, that appeals to your specific needs. For example, are you looking to sell a luxury property? You should choose an agent with experience in that niche. Are you interested in pre-construction? Make sure your agent knows the ins and outs of that specific market. Once you find an agent you’d like to work with, spend some time asking questions so you can feel confident that they can help you reach your goals, whether it’s buying or selling real estate in the Hamilton area.
Michael St. Jean Realty is home to some of the most trusted, successful real estate agents in Hamilton, Ontario. Our full-service real estate team is more productive than your average agent, selling 150 times more homes per year than the average agent. We’re a collaborative team that takes an active approach to selling your home and helping you find your dream property to buy. We specialize in all things Hamilton, as well as pre-construction developments and luxury real estate through our Premier Collection luxury listing program. Our clients trust us because they know we can get them the results they want–every time. Learn more about Michael St. Jean Realty here.