{"id":2040,"date":"2016-02-03T21:44:55","date_gmt":"2016-02-04T02:44:55","guid":{"rendered":"https:\/\/steveroblin.com\/?p=2040"},"modified":"2023-11-28T16:21:21","modified_gmt":"2023-11-28T21:21:21","slug":"hamilton-undervalued-not-for-long","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/hamilton-undervalued-not-for-long\/","title":{"rendered":"Hamilton – Undervalued… not for long!"},"content":{"rendered":"
\n

Home prices in central Hamilton rose 88 per cent in 10 years<\/h1>\n<\/div>\n

Scroll down through the story to find out how your area’s price changed<\/h3>\n

By\u00a0Kelly Bennett,\u00a0CBC News<\/a><\/span>\u00a0Posted: Feb 03, 2016 5:45 AM ET<\/span>\u00a0Last Updated: Feb 03, 2016 11:40 AM ET<\/p>\n

There are numbers behind the\u00a0hype about\u00a0hot market conditions in Hamilton’s core.
\nHome prices in central Hamilton have risen by the largest percentage of any sub-region\u00a0in the Hamilton and Burlington region in the past decade, according to numbers from the Realtors Association of Hamilton-Burlington, which keeps the official stats.
\nThat “Hamilton Centre” area\u00a0in question stretches from James North in the west to Kenilworth in the east, and from the waterfront in the north to the escarpment in the south.
\nThere, the median price for homes sold in 2006 was $120,529.
\nLast year, the median price was $226,989.<\/p>\n

\"Hamilton<\/p>\n

Hamilton Centre stretches from James Street North in the west to Kenilworth Avenue in the east, from the waterfront to the escarpment. Its median price was $226,989 in 2015, up 88.3 per cent from 2006. (CBC News)<\/p>\n<\/div>\n

That’s an increase of 88.3 per cent, which was the highest percentage increase of any of the 14 areas the realtors association has divided the Hamilton and Burlington region into.
\nIt’s still the lowest-priced area in the region, but it narrowed the gap to the next cheapest, Hamilton East.
\nIf you swipe or scroll down the page, you can see graphs for each part of the city and see your neighbourhood compares. First,\u00a0here’s a quick look at the neighbourhoods with the biggest growth.<\/p>\n\n\n\n\n\n\n\n
Biggest jumps in median price in a decade<\/caption>\n
Beasley, Landsdale, Stinson, Corktown<\/td>\n105.2%<\/td>\n<\/tr>\n
West Harbour, Strathcona, Jamesville, Barton-Tiffany<\/td>\n95.4%<\/td>\n<\/tr>\n
Alton Village (Burlington)<\/td>\n94.6%<\/td>\n<\/tr>\n
North of Barton from Wentworth to Kenilworth<\/td>\n94.1%<\/td>\n<\/tr>\n
Lakeshore between Guelph Line and Burloak<\/td>\n92.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

What’s the price change in my neighbourhood?<\/h2>\n
\"Housing<\/p>\n

The median price for residential property across Hamilton and Burlington region rose 68.6 per cent between 2006 and 2015, from $229,087 a decade ago to $386,185 last year. (Associated Press)<\/p>\n<\/div>\n

Check out the activity where you live\u00a0in the graphs below.
\nNote: The scale will be different from graph to graph, depending what price range the median in your area is in.<\/em>
\nHamilton West<\/strong>\u00a0is between the 403 and James Street North, the waterfront and the escarpment. Its median price was $350,648 in 2015, up 70 per cent from 2006.<\/p>\n

\"Hamilton<\/div>\n

Hamilton East<\/strong>\u00a0stretches east from Kenilworth Ave. and includes the beach strip, McQuesten, Glenview East and Red Hill. Its median price was $240,418 in 2015, up 53.6 per cent from 2006.<\/p>\n

\"Hamilton<\/div>\n

Hamilton Mountain<\/strong>\u00a0stretches from Highway 6 to Pritchard Road and from the brow to Twenty Road. Its median price was $329,024, up 59.8 per cent from 2006.<\/p>\n

\"Hamilton<\/div>\n

Ancaster<\/strong>‘s median home price was $530,095 in 2015, up 64 per cent from 2006.<\/p>\n

\"Ancaster<\/div>\n

Burlington<\/strong>‘s median home price was $519,314 in 2015, up 83.5 per cent from 2006.<\/p>\n

\"Burlington<\/div>\n

Dundas<\/strong>‘s median price was $430,780 in 2015, up 67 per cent from 2006.<\/p>\n

\"Dundas<\/div>\n

Flamborough<\/strong>‘s median price was $589,657 in 2015, up 59 per cent since 2006.<\/p>\n

\"Flamborough<\/div>\n

Glanbrook<\/strong>‘s median home price was $385,766 in 2015, up 43 per cent from 2006.<\/p>\n

\"Glanbrook<\/div>\n

\u200b
\nStoney Creek<\/strong>‘s median home price was $365,402 in 2015, up 57 per cent from 2006.<\/p>\n

\"Stoney<\/p>\n

(CBC News)<\/p>\n<\/div>\n

Waterdown<\/strong>‘s median home price was $488,581 in 2015, up 59 per cent from 2006.<\/p>\n

\"Waterdown<\/div>\n","protected":false},"excerpt":{"rendered":"

Home prices in central Hamilton rose 88 per cent in 10 years Scroll down through the story to find out how your area’s price changed By\u00a0Kelly Bennett,\u00a0CBC News\u00a0Posted: Feb 03, 2016 5:45 AM ET\u00a0Last Updated: Feb 03, 2016 11:40 AM ET There are numbers behind the\u00a0hype about\u00a0hot market conditions in Hamilton’s core. Home prices in […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2040","post","type-post","status-publish","format-standard","hentry","category-posts"],"acf":[],"yoast_head":"\nHamilton - Undervalued... not for long! - Steve Roblin<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/steveroblin.com\/hamilton-undervalued-not-for-long\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hamilton - Undervalued... not for long! - Steve Roblin\" \/>\n<meta property=\"og:description\" content=\"Home prices in central Hamilton rose 88 per cent in 10 years Scroll down through the story to find out how your area’s price changed By\u00a0Kelly Bennett,\u00a0CBC News\u00a0Posted: Feb 03, 2016 5:45 AM ET\u00a0Last Updated: Feb 03, 2016 11:40 AM ET There are numbers behind the\u00a0hype about\u00a0hot market conditions in Hamilton’s core. 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