Hamilton Township Real Estate Statistics

Hamilton Township Real Estate Price Trend
Hamilton Township real estate average sold price in the last 30 days (September 16 - October 15) was $1,276,000, which is $523,206 (41.0 %) higher than the average price of $752,794 in the previous 30 day period (August 17 - September 15), and $440,948 (34.6 %) up from the same period 1 year ago ($835,052). Hamilton Township real estate prices over the last 30 days are also $485,603 (38.1 %) higher than the average selling price of $790,397 over the past year.
Hamilton Township average sold price for homes was $1,276,000 in the last 30 days (September 16 - October 15), which is $523,206 (41.0 %) up from the average home price of $752,794 in the previous 30 day period (August 17 - September 15), and $440,948 (34.6 %) higher than the same period 1 year ago ($835,052). In the last 30 days Hamilton Township the average home price was $485,603 (38.1 %) higher than the average selling price of $790,397 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Hamilton Township real estate was $1,276,000 in the last 30 days (September 16 - October 15), which is collectively $36,010 (2.3 %) higher than the average asking price of $1,538,960. This represents a decline of $6,084 (14.5 %) compared to $42,094 (4.4 %) Sold-Over-Asking price from the previous 30 day period (August 17 - September 15).
The maximum Sold Over/Under Asking ratio in Hamilton Township during the last 12 months was recorded in June, 2021 with an average of $53,647 over the asking price, while the minimum occurring in November, 2020 with $14,755 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 200.0 % with 10 properties sold and 15 new properties listed in the past 30 days (September 16 - October 15). This represents an increase from 100.0 % recorded during the previous 30 day period (August 17 - September 15), and an increase from 190.0 % compared to the same period one year ago.
Over the the last year the highest SNLR in Hamilton Township was 300.0 % recorded in November and the lowest was in December at 0.0 %. 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 10 properties that were successfully sold in Hamilton Township in the last 30 days (September 16 - October 15) was 12 days, which is 15 days less than 27 days average in the previous 30 day period (August 17 - September 15) and 14 days shorter than during the same period a year ago (26 days).
There were 2 delisted properties in Hamilton Township, those that got either Expired, Suspended or Terminated over the last 30 days (September 16 - October 15) with an average of 90 days on the market. This is 18 days longer than the average of 72 days during the previous 30 day period (August 17 - September 15) and 40 days more compared to the same period last year average of 50 days on the market.
2 Hamilton Township properties that didn't sell stayed on the market 650.0 % longer than 10 that sucessfully sold over the last 30 days - 12 days when sold vs 90 days when delisted respectively.
Average Days on the Market in Hamilton Township over the past 12 months for properties that have sold was 30.2 days, with 70.5 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
5 new properties were listed on the market in Hamilton Township in the last 30 days (September 16 - October 15). During the same time 10 properties were sold and 2 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 7 properties (or 140.0 %).
During the previous 30 day period (August 17 - September 15) there were 15 new properties listed, 15 sold and 2 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 25 new properties listed, the slowest - December with 0 new listings and a yearly average of 12 new listings per month.
New Real Estate Listings by Property Type
There were a total of 5 homes listed during the last 30 days (September 16 - October 15), which is 100.0 % of all properties listed in Hamilton Township. This is a 66.7 % decline compared with a previous 30 day period (August 17 - September 15) and 50.0 % down from the same period a year ago. Over the past year an average of 12 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 10 homes sold during the last 30 days (September 16 - October 15), which is 100.0 % of all properties sold in Hamilton Township. This is a 33.3 % decline compared with a previous 30 day period (August 17 - September 15) and 47.4 % down from the same period a year ago. Over the past year an average of 18 homes are were sold per month.
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