Hamilton Real Estate Market Update: February 2025
The Hamilton real estate market saw a 35% decline in sales in February 2025, marking the lowest sales total for the month since 2009. This trend affected both Hamilton and Burlington, according to the Cornerstone Association of REALTORS® (Cornerstone).
Market Trends in Hamilton-Burlington
New listings in the Hamilton-Burlington market fell 9%, aligning with long-term trends. Sales slowed across all regions, with Burlington seeing the most significant drop.
Cornerstone noted that it's too early to tell whether Burlington's decline was a one-time event, especially since the market there has remained relatively stable in recent years. As stated in their report:
“Despite these fluctuations, the market is showing signs of stabilizing and adjusting to long-term trends.”
New Listings and Inventory Statistics
While sales dropped sharply, new listings declined at a more modest rate. Inventory rebounded 28% year-over-year, reaching 2,599 units, the highest February total since 2013.
Cornerstone attributed this inventory growth to increased supply:
“This also led to an increase in months of supply, which reached 4.5 months. This is nearly double the supply seen at this time last year and the second-highest February total on record.”
The decline in sales impacted home prices, with the regional benchmark price recorded at $812,600, reflecting a 3% year-over-year drop. Price decreases were observed across all property types, with semi-detached and row houses experiencing the steepest declines.
What This Report Covers
This report focuses specifically on the Hamilton real estate market and provides insights on:
- Sales Trends: A breakdown of sales by property type and overall market performance.
- Inventory & Listings: How new listings are shaping the market in 2025.
- Market Trends & Predictions: What buyers, sellers, and investors should expect moving forward.
What’s Next: Hamilton Residential Activity & Prices
With February’s slower sales, how has the market responded in terms of residential activity and pricing? The next section of this report will cover key price trends and buyer behavior, providing valuable insights for homeowners, investors, and potential buyers.
Hamilton Residential Activity and Prices: February 2025
In February 2025, the Hamilton real estate market experienced a 25% decline in sales, with only 388 transactions recorded, according to the Cornerstone Association of REALTORS® (Cornerstone). Despite this drop, new listings saw a modest 0.9% increase, reaching 909 listings, exceeding long-term averages.
With sales decreasing and new listings slightly increasing, inventory levels surged by 38%, making February’s supply higher than usual for this time of year.
Hamilton Real Estate Market: Key Metrics
- Home Sales: 388 sales, reflecting a 24.7% year-over-year decrease.
- New Listings: 909 new listings, a minor 0.4% decrease compared to February 2024.
- Average Price: $764,838, marking a 1.8% decline year-over-year.
Inventory Growth in Hamilton
With rising inventory and declining sales, months of supply jumped to 4.3 months, an 83% increase, making it the third-highest February supply on record. Cornerstone further noted:
“This increase in inventory also contributed to a nearly 4% decline in the total residential benchmark price, dropping to $749,400.”
Looking Ahead: Property-Specific Trends
This section provided an overview of Hamilton’s real estate market performance, but what about specific property types? In the next section, we’ll break down sales, new listings, and average prices by property type, offering deeper insights for buyers, sellers, and investors.
Property Type Comparison: Hamilton Real Estate Market
The Hamilton real estate market saw declining sales across most property types in February 2025, with semi-detached homes as the exception, maintaining stable performance, according to the Cornerstone Association of REALTORS® (Cornerstone).
New listings followed a similar pattern, with detached homes seeing a decline, while semi-detached, row, and apartment properties experienced increases. Inventory levels also rose significantly, with Cornerstone reporting:
“Months of supply saw notable increases across all sectors compared to 2024. The apartment sector reached ten months of supply, moving further into a buyer’s market.”
Key Insights: Property Type Statistics
Detached Homes
- Sales: 15.7% decline year-over-year, totaling 578 new listings, a 3.2% drop.
- New Listings: 578 new listings–a decrease of 3.2%.
- Average Price: $838,645, reflecting a 3.6% decrease from the previous year.
Semi-Detached Homes
- Sales: 27.8% increase, with 23 transactions recorded in February.
- New Listings: 39 total, marking a 50% year-over-year increase.
- Average Price: $693,174, up 15.1% compared to February 2024.
Row Homes (Townhouses)
- Sales: 67 total, representing a 42.7% year-over-year decline.
- New Listings: 153 total, a 0.7% increase.
- Average Price: $658,805, down 8% year-over-year.
Apartments/Condos
- Sales: 30 total, a 49.2% decrease from the previous year.
- New Listings: 137 total, up 11.4%.
- Average Price: $397,241, reflecting a 15.3% decline.
According to Cornerstone, rising inventory directly impacted pricing:
“While the rise in inventory contributed to price declines, the apartment sector saw the most significant year-over-year drop, at 6.5 per cent. Despite these shifts, the market offers opportunities, particularly as buyers gain more options and leverage.”
What’s Next? Regional Summary for Hamilton
Now that we’ve analyzed property type trends, we’ll shift our focus to Hamilton’s regional market performance in February 2025. In the next section, we’ll break down key statistics and trends shaping the city’s real estate landscape.
Regional Summary: Hamilton Real Estate Market – February 2025
The Hamilton real estate market saw declining sales across all regions in February 2025, with figures falling below long-term trends. However, months of supply increased in most areas, with Flamborough as the only exception. Notably, Ancaster recorded the highest supply at 8.6 months.
Regional Breakdown: Key Market Trends
Here we’ll break down the areas that had the best performance in terms of sales, while also taking a look at new listings and average prices. Helping us to gain a better understanding of the real estate market. Below is the breakdown:
Hamilton Mountain
- Sales: 94 total, a 17.5% year-over-year decrease.
- New Listings: 198 total, down 2.5% year-over-year.
- Inventory: 329 homes, reflecting a 59.7% increase.
- Average Price: $739,336, up 1.3% year-over-year.
Stoney Creek
- Sales: 59 total, a 33.7% year-over-year decline.
- New Listings: 148 total, unchanged from last year.
- Inventory: 262 homes, up 23%.
- Average Price: $763,384, a 5.6% decrease year-over-year.
Despite its sales decline, Hamilton Mountain remained the top-performing area, in terms of sales. Stoney Creek ranked second, with one of the highest new listing counts in the area. Both regions also saw some of the highest inventory levels in February.
Moving Forward: Average Residential Price by District
Next, we’ll analyze Hamilton’s residential prices by district, offering a closer look at property values in different sub-markets. This breakdown will help buyers, sellers, and investors better understand local price trends within the Hamilton real estate market.
Average Residential Price by District: February 2025
This report has examined key real estate trends in the Hamilton housing market, and now we’re diving deeper into sub-areas within Hamilton Mountain and Stoney Creek. These smaller districts provide a closer look at price trends, helping buyers and sellers understand local market variations.
Hamilton Mountain: Sales & Prices by Sub-Area
Hamilton Mountain led in total sales, with 94 transactions, despite a 17.5% year-over-year decline. The average home price increased slightly, rising 1.3% to $739,336. Below is a breakdown of sub-area pricing trends:
- Sub-Area 15: $858,719 (+10% YoY)
- Sub-Area 16: $787,613 (-4% YoY)
- Sub-Area 17: $613,269 (-7% YoY)
- Sub-Area 18: $703,786 (-6% YoY)
- Sub-Area 25: $742,286 (+12% YoY)
- Sub-Area 26: $831,125 (+25% YoY)
Stoney Creek: Sales & Prices by Sub-Area
Stoney Creek recorded 59 total sales, a 33.7% drop year-over-year. The average home price was $763,384, reflecting a 5.6% decrease. Below is the sub-area breakdown:
- Sub-Area 50: $878,427 (+2% YoY)
- Sub-Area 51: $710,126 (-7% YoY)
- Sub-Area 52: $696,250 (+3% YoY)
Coming Up: Hamilton Market Summary & Next Steps
This concludes our in-depth look at Hamilton’s sub-area price trends. In the final section of this report, we’ll summarize key statistics and provide details on how you can connect with a sales representative at Judy Marsales Real Estate Brokerage.
Summary of Statistics for the Hamilton Real Estate Market
The Hamilton real estate market in February 2025 experienced notable shifts, with sales declining 35% year-over-year across Hamilton and Burlington—the lowest February total since 2009. While new listings dipped 9%, inventory levels rose significantly, reaching the highest levels recorded for February in over a decade.
Key market trends included:
- Sales Decline: All property types saw sales drops except for semi-detached homes, which posted a 27.8% increase.
- Price Adjustments: The regional benchmark price fell 3%, with apartments/condos seeing the most significant price drop at 15.3%.
- Inventory Growth: Months of supply nearly doubled year-over-year, reaching 4.5 months, giving buyers more options and leverage.
- Regional Highlights: Hamilton Mountain remained the top-performing area in sales, while Stoney Creek had one of the highest new listing counts.
Despite the slower sales pace, market conditions indicate a shift toward balance, allowing buyers and sellers to make more strategic and informed decisions.
Nicolas von Bredow, spokesperson for Cornerstone, commented:
“Although the market looks different than what we have experienced the past few years, inventory and benchmark prices reflect a more stable market that is in alignment with long-term trends. Buyers and sellers are able to make more thoughtful decisions, which presents a real opportunity to find a great property.”
With greater inventory, stabilized pricing, and increased negotiating power, now is a great time to explore buying or selling opportunities. The experienced sales representatives at Judy Marsales Real Estate Brokerage are here to provide expert guidance and help you make the right move.
Finding Your Dream Home: Contact a Sales Representative
Finding the ideal home can be challenging, but our dedicated real estate professionals are here to guide you every step of the way. With market expertise and a deep understanding of your needs, our sales representatives will help you make informed decisions and secure the best property for you.
This comprehensive February 2025 market report has provided valuable insights, including:
- Market Trends & Pricing: Sales performance, price fluctuations, and inventory growth.
- Property Type Breakdown: How different property types are performing and what it means for buyers and sellers.
- Future Outlook: What to expect in the coming months and how to strategically buy or sell in Hamilton’s evolving market.
Questions? We Have the Answers!
Navigating the real estate market can be complex, but Judy Marsales Real Estate Brokerage is here to assist. Our sales representatives provide expert guidance, local insights, and personalized support to help you move forward with confidence.
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More Resources to Explore
- What’s My Home Worth? Use our complimentary home value calculator to get an accurate estimate based on current market trends.
February 2025 marked a shifting Hamilton real estate market, with rising inventory and new opportunities—connect with Judy Marsale Real Estate Brokerage to make your next move!