City of HamiltonHousing market

City of Hamilton

City of Hamilton Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

5

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

33

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

1,333 active

New

729(+21.50% YoY)

Relisted

29(+7.41% YoY)

Compared to number of active, same period, in 2024: 729, in 2023: 146, in 2022: 84

Total Sold Listings*

264 sold

Median Sold Price

$642,500

Avg Days on Market

33 days

Median Bidding

-$12,200

Compared to number of sold, same period, in 2024: 273, in 2023: 402, in 2022: 595

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - City of Hamilton - All types

Sold vs Active vs New vs Relisted - City of Hamilton - All types

Sold Price Distribution - City of Hamilton - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - City of Hamilton - All types

Property type distribution based on data from the last 3 months.

Median Price - City of Hamilton - All types

Just listed - City of Hamilton

Living room with furniture, unknown for 1770 Main St #506, Hamilton Ontario L8S 1H1

Re-listed 2 hours ago

$•••,•••

Up to3K Cashback

1770 Main St #506, Hamilton

Condo221200-1399 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 55 Dryden Lane, Hamilton Ontario L8H 0B6

Re-listed 2 hours ago

$•••,•••

Up to3K Cashback

55 Dryden Lane, Hamilton

Condo321200-1399 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 1950 Main St #607, Hamilton Ontario L8S 4M9

Re-listed 3 hours ago

$•••,•••

Up to2K Cashback

1950 Main St #607, Hamilton

Condo21700-799 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Just sold - City of Hamilton

rahb/IMG-H4135137_2.jpg

Sold for $770,000

$120K above asking

156 MOXLEY Crt, Hamilton

Semi-Detached33+11208 sq ft

Listed by Keller Williams Edge Realty

rahb/IMG-H4133569_2.jpg

Sold for $940,000

$41K above asking

143 Arrowhead Dr, Hamilton

Detached33+11532 sq ft

Listed by RE/MAX Escarpment Realty Inc.

Home with brick exterior material, street for 64 Graham Ave, Hamilton Ontario L8K 2M1

Sold for $580,000

$20K below asking

64 Graham Ave, Hamilton

Detached2+121100-1500 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Population and Demographics

Overview

Total population 340425

Average household income $103,831

Age (%)

20 to 34

23%

0 to 19

20%

50 to 64

20%

35 to 49

19%

65 and plus

18%

Household composition (%)

Single family

59%

Single person

35%

Multi person

6%

Multi family

1%

Mother tongue (%)

English

79%

Others

6%

Arabic

3%

Spanish

2%

Italian

2%

Portuguese

2%

French

1%

Tagalog (Pilipino, Filipino)

1%

House tenancy (%)

Owners

55%

Renters

45%

Top 5 Schools in City of Hamilton

Corpus Christi Catholic Elementary School25 Alderson Dr, L9B 1G3, Hamilton, ON

9.4/10

Public•JK-8

St. Anthony Daniel Catholic Elementary School75 Anson Ave, L8T 2X5, Hamilton, ON

8.3/10

Public•JK-8

Westmount Secondary School39 Montcalm Drive, L9C 4B1, Hamilton, ON

8.3/10

Public•9-12

Sacred Heart of Jesus Catholic Elementary School5 Hamilton Ave, L8V 2S3, Hamilton, ON

8.1/10

Public•JK-8

Mountview Junior Public School59 Karen Crescent, L9C 5M5, Hamilton, ON

7.5/10

Public•JK-6

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance