Search Hamilton Park homes for sale including luxury condos, townhomes, and more with Hamilton Park expert, Hudson Realty Group.
In August 2023, the Hamilton Park housing market revealed several significant trends. The median sale price for homes in the area surged to $875,000, representing a substantial 16.8% increase compared to the same month last year. However, homes are taking longer to sell, with an average market duration of 42 days, a notable increase from the 24-day average of the previous year. Additionally, the volume of home sales has contracted, with only 7 transactions completed this August, compared to 15 in the same month last year. These trends suggest a complex and evolving market environment. The sharp rise in median home prices could indicate strong demand and a seller's market. However, the longer time homes are spending on the market and the reduced number of transactions may point to buyer caution or a decrease in available inventory. These contrasting indicators call for further analysis to fully comprehend the dynamics at play in the Hamilton Park housing market.
Median Sale Price
# of Homes Sold
Median Days on Market
Read the latest news, tips, and insights for the local real estate market.
These are the trends that took the year by storm.
Where traditional charm meets modern elegance.
An insider's guide to this historic and happening area on the Hudson River's West Bank.
With an insider’s view of the market, we know where to find properties that match your wish list and lifestyle. When it’s time to sell, Hudson Realty Group’s comprehensive marketing and organizational expertise help price your property for maximum financial return.
