📊 Hamilton Market Update – November
November saw 624 homes sold across Hamilton, Burlington, Haldimand County, and Niagara North. Year-to-date sales are down 12%, reflecting a seasonal slowdown as we head into winter.
🏠 What this means:
• The market is more balanced, giving buyers breathing room
• Inventory remains elevated—68% higher than long-term trends
• Homes are taking longer to sell, allowing for thoughtful negotiations
• Sellers may need to adjust from 2022 peaks, but well-priced homes are still selling
💰 Pricing:
The year-to-date average benchmark price sits at $775,464, nearly 5% lower than last year.
Thinking of buying or selling? Strategy matters in a balanced market—let’s talk.