Hamilton Township Real Estate Statistics

Hamilton Township Real Estate Price Trend
Hamilton Township real estate average sold price in the last 30 days (January 21 - February 19) was $1,200,000, which is $429,200 (35.8%) higher than the average price of $770,800 in the previous 30 day period (December 22 - January 20), and $358,929 (29.9%) up from the same period 1 year ago ($841,071). Hamilton Township real estate prices over the last 30 days are also $404,718 (33.7%) higher than the average selling price of $795,282 over the past year.
Hamilton Township average sold price for homes was $1,200,000 in the last 30 days (January 21 - February 19), which is $429,200 (35.8%) up from the average home price of $770,800 in the previous 30 day period (December 22 - January 20), and $358,929 (29.9%) higher than the same period 1 year ago ($841,071). In the last 30 days Hamilton Township the average home price was $404,718 (33.7%) higher than the average selling price of $795,282 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Hamilton Township real estate was $1,200,000 in the last 30 days (January 21 - February 19), which is collectively $49,900 (3.7%) lower than the average asking price of $1,364,807. This represents a decline of $13,920 (38.7%) compared to $35,980 (3.7%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Hamilton Township during the last 12 months was recorded in December, 2024 with an average of $15,000 over the asking price, while the minimum occurring in October, 2024 with $58,500 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Hamilton Township was 7.7% with 1 properties sold and 5 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 100.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 82.4% compared to the same period one year ago.
Over the the last year the highest SNLR in Hamilton Township was 150.0% recorded in October and the lowest was in January at 27.3%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 1 properties that were successfully sold in Hamilton Township in the last 30 days (January 21 - February 19) was 22 days, which is 33 days less than 55 days average in the previous 30 day period (December 22 - January 20) and 27 days shorter than during the same period a year ago (49 days).
There were 4 delisted properties in Hamilton Township, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 107 days on the market. This is 16 days longer than the average of 91 days during the previous 30 day period (December 22 - January 20) and 18 days less compared to the same period last year average of 125 days on the market.
4 Hamilton Township properties that didn't sell stayed on the market 386.4% longer than 1 that sucessfully sold over the last 30 days - 22 days when sold vs 107 days when delisted respectively.
Average Days on the Market in Hamilton Township over the past 12 months for properties that have sold was 42.2 days, with 100.0 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
13 new properties were listed on the market in Hamilton Township in the last 30 days (January 21 - February 19). During the same time 1 properties were sold and 4 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 8 properties (or 61.5%).
During the previous 30 day period (December 22 - January 20) there were 5 new properties listed, 5 sold and 9 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 29 new properties listed, the slowest - December with 5 new listings and a yearly average of 18 new listings per month.
New Real Estate Listings by Property Type
There were a total of 13 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Hamilton Township. This is a 160.0% increase compared with a previous 30 day period (December 22 - January 20) and 23.5% down from the same period a year ago. Over the past year an average of 18 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 1 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Hamilton Township. This is a 80.0% decline compared with a previous 30 day period (December 22 - January 20) and 92.9% down from the same period a year ago. Over the past year an average of 10 homes are were sold per month.
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