πŸ“‰ Hamilton Market Update – May 2025 🏑

Sales in Hamilton climbed 11% compared to April, with 568 homes sold, but activity is still down over 13% from last year β€” and sits 35% below historic May averages.

πŸ“Š Inventory continues to build, with a low sales-to-new listings ratio of 39%.
πŸ“ Tightest markets: Hamilton East & Dundas (< 3 months of supply)
πŸ“ Softest markets: Hamilton Centre, West, Flamborough & Stoney Creek (> 5 months of supply)

🏷️ As supply continues to outpace demand, home prices are trending down β€” May’s benchmark price was 8% lower than last year.

πŸ“ž Thinking of buying or selling? Let’s talk strategy.
Frank Lombardo | Realtor at REMAX Escarpment

πŸ“± 905-730-2747