


Hamilton Market Update – January 2025
The Hamilton real estate market had a slower start to the year, with sales down 9% from January 2024 and 17% below the 10-year average. However, new listings surged by 35%, bringing the sales-to-new-listings ratio to 40% and inventory levels to 1,497 units—the highest January supply since 2013.
With inventory holding steady at four months of supply for the sixth consecutive month, prices remain under pressure. The benchmark price for Hamilton sat at $754,200, slightly up from December but lower than most of 2024. Year-over-year, prices dipped nearly 1%, with apartment condos seeing a 5.6% decline due to surplus supply.
Thinking of buying or selling in 2025? Let’s navigate this evolving market together!
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