December 2024
December saw 228 homes sold across Hamilton, continuing the market’s positive momentum. The median price settled at $725,000, reflecting an increase in sales at lower price points, largely driven by first-home buyers and investors. With buyer confidence growing, this shift has slightly extended the average days on market from 37 to 41.
December Sales Breakdown:
96 sales under $700,000
74 sales between $700,000 – $900,000
24 sales between $900,000 – $1,000,000
19 sales between $1,000,000 – $1.2 million
17 sales above $1.2 million
With interest rates already reducing and the OCR currently at 4.25%, all eyes are on the next OCR announcement on February 19, where a further decrease is expected.
Why Sell Now?
Buyer demand remains strong, making now a prime time to sell. Whether you’re upsizing or downsizing, securing the right buyer in today’s market can help you maximize your result before further changes take effect.
Why List With Us?
With Ray and I, you get:
✅ High-profile marketing to ensure your property stands out.
✅ Proven sales strategies that create urgency and competition.
✅ A results-driven approach tailored to today’s market.
Choose us and position your home for success
If you or someone you know is contemplating selling in such a strong market, don’t delay and talk to us today about an up to date market appraisal and how to set the right strategy to achieve a premium sale price for your property.
