Hamilton Real Estate Statistics

Hamilton real estate average sold price in the last 30 days (January 21 - February 19) was $768,880, which is $17,793 (2.3%) lower than the average price of $786,673 in the previous 30 day period (December 22 - January 20), and $9,223 (1.2%) up from the same period 1 year ago ($759,657). Hamilton real estate prices over the last 30 days are also $29,166 (3.8%) lower than the average selling price of $798,046 over the past year.

Hamilton average sold price for homes was $838,567 in the last 30 days (January 21 - February 19), which is $13,161 (1.6%) down from the average home price of $851,728 in the previous 30 day period (December 22 - January 20), and $18,248 (2.2%) lower than the same period 1 year ago ($856,815). In the last 30 days Hamilton the average home price was $33,364 (4.0%) lower than the average selling price of $871,931 over the last 12 months.

Average Hamilton condo sold price over the last 30 days (January 21 - February 19) was $432,011. During this period it was $32,784 (7.6%) down from the average price of condo of $464,795 during the previous 30 days (December 22 - January 20), and $71,546 (16.6%) higher compared to the same period 1 year ago ($360,465). In the last 30 days Hamilton the average condo price was $57,908 (13.4%) lower than the average selling price of $489,919 over the last year.

Average sold price of Hamilton townhouse was $687,596 in the last 30 days (January 21 - February 19), down $12,854 (1.9%) from the average townhome price of $700,450 over the previous 30 days (December 22 - January 20), and $625 (0.1%) higher than during to the same period 1 year ago ($686,971). Over the last 30 days the average townhouse price in Hamilton was $2,073 (0.3%) higher compared to the average selling price of $685,523 over the last 12 months.

Average selling price for Hamilton real estate was $768,880 in the last 30 days (January 21 - February 19), which is collectively $16,160 (1.8%) lower than the average asking price of $891,398. This represents an increase of $7,224 (30.9%) compared to $23,384 (2.7%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Hamilton during the last 12 months was recorded in May, 2024 with an average of $10,981 under the asking price, while the minimum occurring in September, 2024 with $21,844 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Hamilton was 46.3% with 376 properties sold and 490 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 57.6% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 80.2% compared to the same period one year ago.

Over the the last year the highest SNLR in Hamilton was 138.3% recorded in December and the lowest was in September at 41.3%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 376 properties that were successfully sold in Hamilton in the last 30 days (January 21 - February 19) was 32 days, which is 15 days less than 47 days average in the previous 30 day period (December 22 - January 20) and 6 days shorter than during the same period a year ago (38 days).

There were 418 delisted properties in Hamilton, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 75 days on the market. This is 9 days shorter than the average of 84 days during the previous 30 day period (December 22 - January 20) and 1 days less compared to the same period last year average of 76 days on the market.

418 Hamilton properties that didn't sell stayed on the market 134.4% longer than 376 that sucessfully sold over the last 30 days - 32 days when sold vs 75 days when delisted respectively.

Average Days on the Market in Hamilton over the past 12 months for properties that have sold was 31.6 days, with 63.2 days for those properties that did not sell.

812 new properties were listed on the market in Hamilton in the last 30 days (January 21 - February 19). During the same time 376 properties were sold and 418 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 18 properties (or 2.2%).

During the previous 30 day period (December 22 - January 20) there were 490 new properties listed, 282 sold and 519 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 1,155 new properties listed, the slowest - December with 355 new listings and a yearly average of 905 new listings per month.

There were a total of 552 homes listed during the last 30 days (January 21 - February 19), which is 68.0% of all properties listed in Hamilton. This is a 69.3% increase compared with a previous 30 day period (December 22 - January 20) and 30.8% up from the same period a year ago. Over the past year an average of 603 homes are were listed per month.

126 condo units were listed in the last 30 days (January 21 - February 19) in Hamilton, which represents 15.5% of all new listings. This is up 65.8% from the prior 30 day period (December 22 - January 20) and 55.6% more compared to the same period last year. There were 123 condos listed per month on average during the last 12 months.

134 townhomes were listed over the last 30 days (January 21 - February 19) in Hamilton, which is 16.5% of all new real estate inventory. This is a 52.3% more than during the previous 30 day period (December 22 - January 20) and 13.6% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 179 a month.

There were a total of 260 homes sold during the last 30 days (January 21 - February 19), which is 69.1% of all properties sold in Hamilton. This is a 33.3% increase compared with a previous 30 day period (December 22 - January 20) and 23.5% down from the same period a year ago. Over the past year an average of 402 homes are were sold per month.

34 condo units were sold in the last 30 days (January 21 - February 19) in Hamilton, which represents 9.0% of all sold properties. This is up 54.5% from the prior 30 day period (December 22 - January 20) and 48.5% less compared to the same period last year. There were 56 condos sold per month on average during the last 12 months.

82 townhomes were sold over the last 30 days (January 21 - February 19) in Hamilton, which is 21.8% of all sold real estate. This is a 26.2% more than during the previous 30 day period (December 22 - January 20) and 10.9% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 119 a month.