📉 Hamilton Market Meter – March 2025 🏡

The Hamilton real estate market continued to cool in March, marking the third straight month of declining sales compared to last year. With only 1,218 sales in Q1, this was the slowest start to the year since 2010 — a 21% drop from Q1 2024.

While Hamilton East held steady year-over-year, every other area in the market saw significantly lower sales than long-term trends.

📊 Quick Stats:

• March Sales: Down from last year

• New Listings: 1,111 units

• Sales-to-New Listings Ratio: 40%

• Inventory: 1,887 active listings

• Months of Supply: 4.25

• Benchmark Price: $754,900 — down 4% from last year

• Prices have declined 4 months in a row (seasonally adjusted)

With more supply and buyer caution still in play, the usual spring price bump has been delayed.

📞 Thinking of buying or selling in this shifting market? Let’s talk strategy — call me at 905-730-2747 today!