City of Hamilton
Brenda Mckinley
Brenda M.
19 Years of Experience
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Andrew Ielasi
Andrew I.
30 Years of Experience
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Alex Petroff
Alex P.
14 Years of Experience
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Neesh Buttoo
Neesh B.
11 Years of Experience
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Akbar Zareh
Akbar Z.
31 Years of Experience
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Robert Preece
Robert P.
19 Years of Experience
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Bill Saini
Bill S.
12 Years of Experience
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Hussein Al Awadi
Hussein A.
10 Years of Experience
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Sunny Gawri
Sunny G.
6 Years of Experience
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Hamid Ayoubi
Hamid A.
18 Years of Experience
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Angie Tsopelas (Mckinnon)
Angie T.
27 Years of Experience
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Larissa Sarakaeva
Larissa S.
12 Years of Experience
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Brenda Mckinley
Brenda M.
19 Years of Experience
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Andrew Ielasi
Andrew I.
30 Years of Experience
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Alex Petroff
Alex P.
14 Years of Experience
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I truly care about your goals and dreams and it is my privilege to help you accomplish the...
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Neesh Buttoo
Neesh B.
11 Years of Experience
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Akbar Zareh
Akbar Z.
31 Years of Experience
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I have over 30 years experience...
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Robert Preece
Robert P.
19 Years of Experience
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Experienced - Professional - Market Savvy & Fully Client Dedicated...
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Bill Saini
Bill S.
12 Years of Experience
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Hussein Al Awadi
Hussein A.
10 Years of Experience
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Are you looking for the right agent? You found him. Call me today: 416-700-0011....
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Sunny Gawri
Sunny G.
6 Years of Experience
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Hamid Ayoubi
Hamid A.
18 Years of Experience
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From an early age I was exposed to industries revolving around real estate, which is why I...
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Angie Tsopelas (Mckinnon)
Angie T.
27 Years of Experience
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Larissa Sarakaeva
Larissa S.
12 Years of Experience
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Hamilton Real Estate News: August 2020 Update and 2021 Forecast

Hamilton's housing market started winter early with a cooldown from the rapidly increasing prices of the past few months. Average sold prices for all property types was $662,511, a slight decline from September but still a 22% increase compared to 2019. Total sales volume fell by 8% compared to the previous month with 983 buy and sell transactions. Surprisingly, growth in condo prices outpaced those of detached and semi-detached homes as average sold prices for condos rose 4% month over month compared to a 1% decline for detached homes.

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New listings in Hamilton continue to fall as inventory declines. New listings for detached homes fell to 17% below 2019 levels while semi-detached and condo apartments fell by over 9% and 3% month over month respectively.

Home prices in Hamilton, despite their growth, are still much lower than those in other markets in Canada. For comparison, average sold prices in the Greater Toronto Area for all property types in September 2020 was $960,772. Benchmark home prices in Vancouver are even higher at over $1M. Similar to Hamilton, Ottawa has average sold prices at below $600K and is also experiencing a rapid real estate boom with average sold prices up 28% yoy. The relatively lower prices in Hamilton and Ottawa are bringing buyers across Canada who are looking to maximize their home budgets.

Hamilton Housing Market Statistics for All Property Types in September 2020

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