SALES & INVENTORY OVERVIEW
We have seen 9% drop for the year of 2025 throughout the Hamilton, ON board. There were 5,615 sales reported in 2025 which is 30% lower than normal levels and the lowest since 2010. The growing supply of homes outweighed demand throughout most of 2025 with homes prices still averaging higher than pre-pandemic levels but have dipped to 2021 levels.
AREA BREAKDOWN
Hamilton, ON
Percentage Change Year/Year: -14%
Average Days on Market: 54.2
Average Price: $663,558
Inventory: 1,611 Home For Sale
Sales: 285 Homes Sold
Stoney Creek, ON
Percentage Change Year/Year: -10.9%
Average Days on Market: 61.3
Average Price: $702,419
Inventory: 262 Homes For Sale
Sales: 34 Homes Sold
Binbrook, ON
Percentage Change Year/Year: -3.5%
Average Days on Market: 52.5
Average Price: $761,877
Inventory: 99 Homes For Sale
Sales: 13 Homes Sold
SUMMARY & EXPERT INSIGHT
2026 forecast is expected to be similar to the slower parts of 2025 with apartment-style homes being hit the hardest. Growing economic uncertainty is a major factor for Canadians not purchasing homes due to risk of job loss and growing inflation. Many first-time buyers and investors are starting to come off the sidelines as they see it as an opportunity for lowering home prices to potentially gain the up-swing in the market in the years to come.
RE/MAX Escarpment Realty Inc., Brokerage
The statistics provided in this report are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends.