Market Watch

 

Here is the latest insight into what has been happening in the marketplace across Hamilton and surrounds for March 2019.

~ Average time on the market for residential properties are at ~33 days compared to 54 days in February

~ Sale volumes have risen from February, but are down on March 2018 numbers

~ Auctions in March are producing some really good results with a total of 921 listings on the market and a total of 278 sales

~ Median sale price is up from February at $540,000 (up 6.5%) and up 7.5% compared to March last year which has an average median of $535,000

~ Record low-interest rates with high buyer enquiry and activity especially in the $400,000 to $700,00 range

~ There is still a strong buyer demand especially in the $400k - $700k range

~ It's a great time to sell and buy

Market Watch Stats
 

If you or someone you know is contemplating selling in such a strong market, don’t delay and talk to one of our Harcourts consultants today about an up to date market appraisal and how to set the right strategy to achieve a premium sale price for your property.




Harcourts Hamilton Market Commentary
 
 
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