06/13/2025
π May 2025 Market Snapshot: Hamilton & Burlington π‘β£
β
π Hamilton
β‘οΈ 568 homes sold (+11% vs. April)
β¬οΈ Still 13% below last year & 35% below typical May levels
ποΈ Inventory rising, with 4+ months of supply
π Prices trending down as buyers gain more options
β
π Burlington
π» Just 196 homes sold β lowest May sales since 1995
π 503 new listings, but low sales keep the sales-to-new-listings ratio under 40%
π·οΈ Benchmark price: $920,900 (β 15% YoY)
π¦ Supply up to 3.7 months, adding pressure on prices
β
π Both markets are shifting in favour of buyers, with more listings, slower sales, and price adjustments creating new opportunities.