Hamilton Township Real Estate Statistics

Hamilton Township real estate average sold price in the last 30 days (March 27 - April 25) was $851,700, which is $122,812 (14.4%) higher than the average price of $728,888 in the previous 30 day period (February 26 - March 26), and $53,246 (6.3%) up from the same period 1 year ago ($798,454). Hamilton Township real estate prices over the last 30 days are also $30,183 (3.5%) higher than the average selling price of $821,517 over the past year.

Hamilton Township average sold price for homes was $851,700 in the last 30 days (March 27 - April 25), which is $122,812 (14.4%) up from the average home price of $728,888 in the previous 30 day period (February 26 - March 26), and $53,246 (6.3%) higher than the same period 1 year ago ($798,454). In the last 30 days Hamilton Township the average home price was $30,183 (3.5%) higher than the average selling price of $821,517 over the last 12 months.

Average selling price for Hamilton Township real estate was $851,700 in the last 30 days (March 27 - April 25), which is collectively $20,140 (1.9%) lower than the average asking price of $1,078,215. This represents a decline of $6,096 (43.4%) compared to $14,044 (1.5%) Sold-Under-Asking price from the previous 30 day period (February 26 - March 26).

The maximum Sold Over/Under Asking ratio in Hamilton Township during the last 12 months was recorded in May, 2023 with an average of $7,093 over the asking price, while the minimum occurring in December, 2023 with $51,500 below the asking price.

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 76.9% with 20 properties sold and 20 new properties listed in the past 30 days (March 27 - April 25). This represents an increase from 45.0% recorded during the previous 30 day period (February 26 - March 26), and an increase from 57.9% compared to the same period one year ago.

Over the the last year the highest SNLR in Hamilton Township was 81.2% recorded in February and the lowest was in November at 25.0%. 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.

The Average Days on the Market (DOM) for 20 properties that were successfully sold in Hamilton Township in the last 30 days (March 27 - April 25) was 21 days, which is 11 days less than 32 days average in the previous 30 day period (February 26 - March 26) and 24 days shorter than during the same period a year ago (45 days).

There were 8 delisted properties in Hamilton Township, those that got either Expired, Suspended or Terminated over the last 30 days (March 27 - April 25) with an average of 125 days on the market. This is 98 days longer than the average of 27 days during the previous 30 day period (February 26 - March 26) and 55 days more compared to the same period last year average of 70 days on the market.

8 Hamilton Township properties that didn't sell stayed on the market 495.2% longer than 20 that sucessfully sold over the last 30 days - 21 days when sold vs 125 days when delisted respectively.

Average Days on the Market in Hamilton Township over the past 12 months for properties that have sold was 39.0 days, with 64.5 days for those properties that did not sell.

26 new properties were listed on the market in Hamilton Township in the last 30 days (March 27 - April 25). During the same time 20 properties were sold and 8 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2 properties (or 7.7%).

During the previous 30 day period (February 26 - March 26) there were 20 new properties listed, 9 sold and 7 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was June with 35 new properties listed, the slowest - December with 3 new listings and a yearly average of 19 new listings per month.

There were a total of 26 homes listed during the last 30 days (March 27 - April 25), which is 100.0% of all properties listed in Hamilton Township. This is a 30.0% increase compared with a previous 30 day period (February 26 - March 26) and 36.8% up from the same period a year ago. Over the past year an average of 19 homes are were listed per month.

There were a total of 20 homes sold during the last 30 days (March 27 - April 25), which is 100.0% of all properties sold in Hamilton Township. This is a 122.2% increase compared with a previous 30 day period (February 26 - March 26) and 81.8% up from the same period a year ago. Over the past year an average of 11 homes are were sold per month.