DundasProperties.com Real Estate Services
Ask the Experts
DundasProperties.com Real Estate Services
Ask the Experts
DUNDAS REAL ESTATE MARKET STATISTICS
Sales Statistics
SALES STATISTICS JANUARY-FEBRUARY 2021
Number of Sales = 46
Average Sale Price = $849,818
Median Sale Price = $831,056
Average List Price of Properties Sold = $782,521
SALES STATISTIC JANUARY-FEBRUARY 2020
Number of Sales = 24
Average Sale Price = $690,357
IS INVENTORY REALLY THE PROBLEM?
"I am predicting that things will get back to normal very fast and the Real Estate Market will continue to remain active. So hold onto your reigns as 2021 may be a wild ride."
Quote: David Zalepa November 2020
I don't usually like to brag but I did predict this market we have been experiencing, so far this year, at the end of November 2020. We keep hearing over and over again that there is a shortage of supply and that is driving real estate values up. If there actually is a shortage of product available how can the number of sales be twice as high as they were this exact same time period in 2020? That is correct sales the first month and a half in Dundas have doubled in 2021!
What is really happening is the demand is extremely high in this area. I have searched around the Province of Ontario and there are many affordable places for people to buy homes. I can only assume that buyer's are not flooding to these areas because Dundas/Hamilton area is a much nicer place to live.
I believe Dundas real estate values can only go up. This is a wonderful small town surrounded by an Escarpment and Conservation Lands. Limiting development and urban sprawl.Therefore supply will always remain limited resulting in a continued healthy demand.
If you are thinking of selling we are currently offering a great "Booming Market" commission rate to help you maximize your profits. dz@remaxcentre.ca
For a FREE E- MARKET ACTIVITY REPORT of you neighbourhood Send a request to dz@remaxcentre.ca
HISTORIC DUNDAS
King Street West Location
Located on King Street West in the Historic Town of Dundas this TURN KEY property grosses over $46,000 per year with the potential to generate further income. Currently set up as a main floor commercial unit allowing many uses (currently a professional restaurant) with a second floor residential apartment. The second floor could be rented out, or combined with the main floor, as a commercial. It would make a perfect office or studio that would accommodate a wide spectrum of businesses. Perfect for an Owner Operator. There is a private driveway and back yard with a storage unit/shed. Seller may assist with financing. For an email package Email dz@remaxcentre.ca , David Zalepa, Sales Representative REMAX Real Estate Centre. DIRECT 905-570-2054 Listed $799,900