Hamilton Real Estate Statistics

Hamilton real estate average sold price in the last 30 days (October 21 - November 19) was $747,836, which is $86,853 (11.6%) lower than the average price of $834,689 in the previous 30 day period (September 21 - October 20), and $34,936 (4.7%) down from the same period 1 year ago ($782,772). Hamilton real estate prices over the last 30 days are also $48,706 (6.5%) lower than the average selling price of $796,542 over the past year.

Hamilton average sold price for homes was $806,692 in the last 30 days (October 21 - November 19), which is $121,565 (15.1%) down from the average home price of $928,257 in the previous 30 day period (September 21 - October 20), and $52,014 (6.4%) lower than the same period 1 year ago ($858,706). In the last 30 days Hamilton the average home price was $65,298 (8.1%) lower than the average selling price of $871,990 over the last 12 months.

Average Hamilton condo sold price over the last 30 days (October 21 - November 19) was $487,747. During this period it was $41,039 (8.4%) down from the average price of condo of $528,786 during the previous 30 days (September 21 - October 20), and $73,866 (15.1%) higher compared to the same period 1 year ago ($413,881). In the last 30 days Hamilton the average condo price was $23,782 (4.9%) higher than the average selling price of $463,965 over the last year.

Average sold price of Hamilton townhouse was $676,070 in the last 30 days (October 21 - November 19), up $10,957 (1.6%) from the average townhome price of $665,113 over the previous 30 days (September 21 - October 20), and $6,836 (1.0%) higher than during to the same period 1 year ago ($669,234). Over the last 30 days the average townhouse price in Hamilton was $13,163 (1.9%) lower compared to the average selling price of $689,233 over the last 12 months.

Average selling price for Hamilton real estate was $747,836 in the last 30 days (October 21 - November 19), which is collectively $16,262 (1.8%) lower than the average asking price of $906,818. This represents an increase of $2,526 (13.4%) compared to $18,788 (2.1%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 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 December, 2023 with $29,067 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 70.7% with 679 properties sold and 987 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 46.8% recorded during the previous 30 day period (September 21 - October 20), and an increase from 48.5% compared to the same period one year ago.

Over the the last year the highest SNLR in Hamilton was 119.4% recorded in August 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 679 properties that were successfully sold in Hamilton in the last 30 days (October 21 - November 19) was 34 days, which is 0 days more than 34 days average in the previous 30 day period (September 21 - October 20) and 8 days longer than during the same period a year ago (26 days).

There were 854 delisted properties in Hamilton, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 66 days on the market. This is 2 days longer than the average of 64 days during the previous 30 day period (September 21 - October 20) and 17 days more compared to the same period last year average of 49 days on the market.

854 Hamilton properties that didn't sell stayed on the market 94.1% longer than 679 that sucessfully sold over the last 30 days - 34 days when sold vs 66 days when delisted respectively.

Average Days on the Market in Hamilton over the past 12 months for properties that have sold was 31.4 days, with 62.8 days for those properties that did not sell.

960 new properties were listed on the market in Hamilton in the last 30 days (October 21 - November 19). During the same time 679 properties were sold and 854 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 573 properties (or 59.7%).

During the previous 30 day period (September 21 - October 20) there were 987 new properties listed, 462 sold and 585 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 247 new listings and a yearly average of 838 new listings per month.

There were a total of 631 homes listed during the last 30 days (October 21 - November 19), which is 65.7% of all properties listed in Hamilton. This is a 6.2% decline compared with a previous 30 day period (September 21 - October 20) and 23.7% up from the same period a year ago. Over the past year an average of 564 homes are were listed per month.

119 condo units were listed in the last 30 days (October 21 - November 19) in Hamilton, which represents 12.4% of all new listings. This is down 7.0% from the prior 30 day period (September 21 - October 20) and 45.1% more compared to the same period last year. There were 110 condos listed per month on average during the last 12 months.

210 townhomes were listed over the last 30 days (October 21 - November 19) in Hamilton, which is 21.9% of all new real estate inventory. This is a 12.9% more than during the previous 30 day period (September 21 - October 20) and 43.8% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 164 a month.

There were a total of 461 homes sold during the last 30 days (October 21 - November 19), which is 67.9% of all properties sold in Hamilton. This is a 44.1% increase compared with a previous 30 day period (September 21 - October 20) and 78.0% up from the same period a year ago. Over the past year an average of 372 homes are were sold per month.

61 condo units were sold in the last 30 days (October 21 - November 19) in Hamilton, which represents 9.0% of all sold properties. This is up 41.9% from the prior 30 day period (September 21 - October 20) and 84.8% more compared to the same period last year. There were 52 condos sold per month on average during the last 12 months.

157 townhomes were sold over the last 30 days (October 21 - November 19) in Hamilton, which is 23.1% of all sold real estate. This is a 58.6% more than during the previous 30 day period (September 21 - October 20) and 137.9% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 108 a month.