📉 Hamilton Market Update – June 2025
June marked the slowest sales for this month since 2010, with only 503 homes sold across Hamilton. That’s a significant dip compared to last month and last year — and 35% below the 10-year average.📊
🏠While new listings also eased, they still outpaced sales, keeping the sales-to-new listings ratio under 40% and pushing months of supply close to 5 months. More options for buyers = more power to negotiate.
đź’° Prices continued their slide for the third straight month, dropping over 1% again to a benchmark price of $726,500, nearly 8% lower than last June. The biggest price dips? Apartment-style homes.
đź“ŤDundas held relatively steady, but areas like Hamilton Centre and West saw the sharpest drops in year-to-date sales.
➡️ Whether you’re buying or selling, staying informed is key. Want to know how this affects your home’s value or your buying power?
📲 Let’s chat. 905-730-2747