Residential Real Estate Market Report - November 2025
Sales 
- Average Price - New Listings - Inventory 
The Hamilton, Burlington, Haldimand, and Niagara North Real Estate Market saw a total of 624 residential homes sold through the Multiple Listing Service (MLS®) system of the Cornerstone Association of REALTORS® (Cornerstone) in November. This is 23.2% lower than last year.
So far this year, year-to-date sales are 12% lower than at the same point in 2024. High inventory levels continue to outpace sales, keeping downward pressure on home prices.
There was a decline in new listings in November, with 1,246 homes added, which helped improve the sales-to-new-listings ratio to 50%, keeping the Hamilton-Burlington area in a balanced market, up from 43% last month.
For Buyers, this means more time to consider different options and the chance to do conditional offers, after the intense competition they faced in the past few years. Sellers are having to lower their expectations in the balanced market. Homes are selling, but only if they are priced right.
As always, it is worth remembering that each neighbourhood tells its own story, and market conditions can vary significantly from one area to another, making it all the more important to work with a local, experienced REALTOR® who understands the nuances of each community.
Area Breakdown – Sales
-
Hamilon (Including Flamborough, Dundas, Ancaster, Waterdown, Stoney Creek, and Glanbrook) recorded 414 sales in November, down 15% from the same month last year. Also, down from 463 sales last month in October.
-
Burlington had 116 sales, down 39.3% year-over-year, and also down from the 186 sales in October.
-
Across Hamilton, Burlington, Haldimand County, and Niagara North combined, there were 624 sales - down from 757 in October and down 23.2% compared to November 2024.
Average Residential Prices
- The overall average price across the region was $786,326, which is down 6.8% from November 2024.
- The year-to-date average now sits at $847,148, down 3.5% year-over-year and down from last month, $852,010.
Area Breakdown – Prices
- Hamilton: $746,377 in Novemebr, down 5.2% year-over-year and down from $781.277 in October.
- Burlington: $1.005.412, down 7.2% year-over-year and down from $1,028,523 in October.
For a more detailed look at the year-to-date average prices across the Greater Hamilton Area, please see the chart and map below.
New Listings
-
There were 1,246 new residential listings in November, up 8.4% compared to November 2024 and down from 1,778 in October.
-
Hamilton: 821 listings, down 5.7% year-over-year, and down from 1,170 in October.
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Burlington: 229 listings, down 17% year-over-year, and down from 375 in October.
Inventory and Supply
- Active inventory across the region ended the month at 3,442 listings, up 11.2% from November 2024 and down from 3,782 in October.
- This represents 5.52 months of supply (the time it would take to sell all current listings at the current pace). That’s up 44.8% from last year and down from 5 months of inventory in October.
Area Breakdown – Inventory
-
Hamilton: 2,241 active listings, up 13.4% year-over-year, equal to 5.41 months of supply (up from 5.32 in October).
-
Burlington: 619 active listings, up 16.6% year-over-year, with 5.34 months of supply (up from 3.62 in October).
Days on Market
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Hamilton: Homes took an average of 49.8 days to sell — longer than October (39 days) and 23.8% longer than in November 2024.
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Burlington: Homes averaged 42.9 days on market — slightly longer than 42.2 days in October and 12.3% longer than last year.
Market Status
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The overall Hamilton-Burlington region entered a Balanced Market, where between 40% - 60% of homes listed are sold.
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In November 2025, the sales-to-listings ratio was 50%, meaning 5 homes sold for every 10 houses listed for sale.
Buyers MarketBelow 40% |
Balanced MarketBetween 40% and 60% |
Sellers MarketAbove 60% |
|---|---|---|
|
(Ratio of Homes Sold to Homes Listed)
|
||
Breakdown of Year-to-date Average Prices For Hamilton & Surrounding Areas
The map below shows the current Year-To-Date Average Residential Prices. When looking at the Average Prices in and around Hamilton, it is important to note how they have changed significantly over the last year and even now from month to month. If you are thinking of selling your house or condominium, get the most up-to-date. Here are a few other areas that are not listed on the map below.
Hamilton - $780,353 - Down
Burlington - $1,107,660 - Down
Flamborough - $1,241,588 - Up
Waterdown - $945,051 - Down
Grimsby - $846,865 - Up
Caledonia - $846,865 - Down
Cayuga - $847,882 - Up
Dunnville - $618,508 - Down
Note that the “Average Sale Price" is based on the total dollar volume of all properties sold through the RAHB MLS® System. Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value.” What that means is, that not every house or condo has increased in price by the same percentage. It is really important to talk to an experienced local REALTOR® to see EXACTLY what is happening in your particular neighbourhood. It is also important to find out what you can do to your house to get the highest amount possible when you are ready to sell!
In this Market, it is important that you know about the houses getting listed immediatly! Click Here to get set up on the Instant Listings Notification Search, otherwise, you will only knnow about listings once they are reported to the public sites. If you wait till you see it on Realtor.ca or other sites, it's too late, and is probably already SOLD!
MLS® Property Listings November 2025
RAHB Market Activity |
Number of Sales November 2025 |
Number of Sales November 2024 |
Average Sale Prices in November 2025 |
Average Sale Price November 2024 |
|
West Hamilton
|
20
|
29
|
$753,300
|
$616,975
|
|
East Hamilton
|
50
|
39
|
$562,578
|
$622,368
|
|
Central Hamilton
|
57
|
67
|
$515,877
|
$490,323
|
|
Hamilton Mountain
|
121
|
95
|
$684,368
|
$700,599
|
|
Flamborough
|
13
|
17
|
$1,273,077
|
$1,491,735
|
|
Dundas
|
13
|
21
|
$871,777
|
$885,071
|
|
Ancaster
|
35
|
34
|
$1,052,143
|
$1,045,200
|
|
Waterdown
|
29
|
22
|
$848,790
|
$951,337
|
|
Stoney Creek
|
53
|
55
|
$866,873
|
$750,096
|
|
Glanbrook
|
23
|
25
|
$796,707
|
$888,816
|
|
Burlington
|
116
|
138 |
$1,005,412
|
$1,035,904
|
|
Dunnville
|
12
|
10
|
$540,825
|
$581,300
|
|
Cayuga
|
5
|
4
|
$948,000
|
$500,750
|
|
Caledonia
|
12
|
8
|
$675,617
|
$749,613
|
|
Hagersville
|
5
|
5
|
$579,100
|
$509,300
|
|
Seneca
|
1
|
2
|
$360.000
|
$1,457,500
|
|
Rainham
|
3
|
2
|
$548,000
|
$381,500
|
|
Grimsby
|
25
|
39
|
$850,260
|
$796,483
|
|
West Lincoln
|
4
|
15
|
$640,750
|
$801,480
|
Note: Numbers of sales represent sales reports on properties listed on the Multiple Listing Service (MLS®) of the REALTORS® Association of Hamilton-Burlington. The average price is calculated by dividing the total dollar volume of sales (not shown) by the number of sales in that month.