Hamilton-Burlington Area Homes Sales Increase for Second Consecutive Month
Benchmark Home Prices Continue to Trend Downwards Hamilton, ON (September 4, 2025) —For the second consecutive month, sales activity has improved compared to the same period last year. However, with 757 sales across Hamilton, Burlington, Haldimand County, and Niagara North, levels remain over 30 per cent lower than typical August figures.
“While overall sales remain significantly below the typical levels for August, it’s very encouraging to see an increase in year-over-year sales activity for the second month in a row. The rise in new listings has created a more balanced market, and with inventory levels still elevated, buyers are benefiting from lower home prices. As we move forward, we remain cautiously optimistic about a sustained market recovery, particularly due to ongoing buyer interest.”
– Nicolas von Bredow, Cornerstone spokesperson for the Hamilton-Burlington market area.
The number of new listings rose to 1,601 in August, high enough relative to sales to keep the sales-to-new listings ratio low at 47 per cent. Inventory levels trended down slightly over last month, which is consistent with seasonal trends. However, they did remain nearly 15 per cent higher than last year’s levels and have not been this high for the month of August since 2011. In August, the unadjusted benchmark price was $754,000, down over last month and 10 per cent lower than prices reported a year ago. Prices have mostly trended down since the second half of 2024 across the region.
The statistics provided in this report are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends.
Hamilton Real Estate Market—In August, there were 460 sales, an improvement over last year’s low levels, but still over 30% lower than long-term trends. Despite the year-over-year gain in sales, year-to-date sales were still nine per cent lower than last year. There were 1,031 new listings in August, down from the previous month, but still higher than last year’s levels. The slight adjustment this month caused the sales-to-new listings ratio to rise to 45 per cent, an improvement from the under 40 per cent ratio reported throughout the spring. This helped prevent any further monthly gains in inventory levels. The months of supply ranged across areas within the region. In Hamilton, Hamilton East reported a months-of-supply of over six months, while Hamilton Mountain reported the lowest level at four months. In August, the unadjusted benchmark price for the Hamilton region was $703,800, nine per cent lower than levels reported in August 2024. The buyer’s market conditions have weighed on home prices, especially for apartment-style units, with declines ranging from five per cent for semi- detached properties to over nine per cent for apartment-style units.
The statistics provided in this report are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
