Spencer CreekHousing market

Spencer Creek

Spencer Creek Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

1

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

13

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

4 active

New

4(+100.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 3, in 2023: 0, in 2022: 0

Total Sold Listings*

4 sold

Median Sold Price

$657,500

Avg Days on Market

13 days

Median Bidding

-$20,925

Compared to number of sold, same period, in 2024: 0, in 2023: 0, in 2022: 1

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Spencer Creek - All types

Sold vs Active vs New vs Relisted - Spencer Creek - All types

Sold Price Distribution - Spencer Creek - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Spencer Creek - All types

Property type distribution based on data from the last 3 months.

Median Price - Spencer Creek - All types

Just sold - Spencer Creek

Shed for 328 Hatt St, Dundas Ontario L9H 2H7

Sold 5 days ago

Sold for $625,000

328 Hatt St, Dundas

Detached221462 sq ft

Listed by Com/Choice Realty

Unknown for 16A Bond St, Hamilton Ontario L9H 3H1

Sold 7 days ago

Sold for $627,000

$23K below asking

16A Bond St, Hamilton

Condo321000-1199 sq ft

Listed by JUDY MARSALES REAL ESTATE LTD

Home with brick exterior material, street for 42 Brock St #10, Hamilton Ontario L9H 3G7

Sold 28 days ago

Sold for $565,000

$10K below asking

42 Brock St #10, Hamilton

Condo321200-1399 sq ft

Listed by KELLER WILLIAMS EDGE REALTY

Home with brick exterior material, street for 273 MacNab St, Hamilton Ontario L9H 2K5

Sold 28 days ago

Sold for $750,000

$19K below asking

273 MacNab St, Hamilton

Detached21700-1100 sq ft

Listed by IPRO REALTY LTD.

Unknown for 23 Napier St, Hamilton Ontario L9H 3C9

Sold 34 days ago

Sold for $767,500

$22K below asking

23 Napier St, Hamilton

Detached3+12- sq ft

Listed by ONE PERCENT REALTY LTD.

Home with brick exterior material, street for 16 Bond St #G, Hamilton Ontario L9H 3H1

Sold 47 days ago

Sold for $536,500

$29K below asking

16 Bond St #G, Hamilton

Condo321000-1199 sq ft

Listed by ROYAL LEPAGE TERREQUITY REALTY

Home with vinyl exterior material, street for 275 Macnab St, Hamilton Ontario L9H 2K5

Sold 55 days ago

Sold for $1,152,500

$97K below asking

275 Macnab St, Hamilton

Detached321500-2000 sq ft

Listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES

Home with brick exterior material, street for 279 Hatt St, Dundas Ontario L9H 2H4

Sold 126 days ago

Sold for $782,500

279 Hatt St, Dundas

Detached32+11297 sq ft

Listed by Royal LePage Action Realty

Home with vinyl exterior material for 29 Bond St, Dundas Ontario L9H 3H2

Sold 158 days ago

Sold for $799,900

29 Bond St, Dundas

Townhouse33+11550 sq ft

Listed by Royal LePage State Realty

A pic from exterior of the house or condo, cottage for 42 Brock St #5, Dundas Ontario L9H 3G7

Sold 164 days ago

Sold for $530,000

$20K below asking

42 Brock St #5, Dundas

Condo32+11235 sq ft

Listed by Royal LePage State Realty

Population and Demographics

Overview

Total population 444

Average household income $135,171

Age (%)

50 to 64

24%

65 and plus

22%

0 to 19

20%

35 to 49

18%

20 to 34

16%

Household composition (%)

Single family

69%

Single person

28%

Multi person

2%

Multi family

0%

Mother tongue (%)

English

93%

Others

6%

House tenancy (%)

Owners

77%

Renters

23%

Transportation

Car Friendly

4/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance