Residential Real Estate Statistics | Hamilton, Burlington & Area
Year-to-Date Average Price - June 2026
Source: ITSO / Showing Time - Live MLS Market Activity
Six Months In: Where Hamilton-Burlington Really Stands
Six months of data tells you more than any single month can. The first half of 2026 has been a market finding its footing after two years of correction, and the numbers show a region that's settled into balanced territory overall, with some very different stories playing out depending on where you're looking.
A quick note on the data. Cornerstone Association of Realtors is made up of four boards: Cornerstone Hamilton-Burlington, Cornerstone Mississauga, Cornerstone Simcoe & District, and Cornerstone Waterloo Region. Everything in this report comes from Cornerstone Hamilton-Burlington only, covering Hamilton, Burlington, Haldimand, and Niagara North. It does not include Mississauga, Simcoe, or Waterloo Region data.
Year-To-Date Average Prices Across the Region
Across the Cornerstone Hamilton-Burlington Region, the average residential price sits at $834,202 for the first six months of 2026, down 3.4% from $863,861 over the same period last year. Every area is down year-over-year except one.
Flamborough is the outlier. Prices there climbed to $1,339,281, up 4.3% from last year, while everywhere else in the region moved lower. Hamilton sits at $744,686, down 5.6%. Burlington held closest to flat at $1,118,475, down just 1.9%. Grimsby saw the steepest drop in the region at $773,120, down 8.9%, and Glanbrook wasn't far behind at $776,761, down 9.6%.
Ancaster, Dundas, and Stoney Creek all fell in the 6% to 7% range. Waterdown barely moved, down 0.8%. Caledonia and Cayuga each dropped roughly 5.5%. Dunnville, the most affordable market in the region, held up better than most at $593,727, down 3.9%.
Market Overview
"Sales activity rebounded in the Hamilton-Burlington area market in June, with an overall 5.4% increase year-over-year. In contrast, the number of new listings coming to market continues to decline compared with last year's levels, which has reduced the available inventory," said Bill Duce, CEO of Cornerstone Association of Realtors.
That's the June snapshot. Zoom out to the full six months and the picture is a little different, which is exactly why a mid-year report matters. One strong month doesn't undo a slower spring.
Sales Activity
Sales across the Cornerstone Hamilton-Burlington Region totalled 4,388 for the first half of 2026, down from 4,579 last year and well off the 5,519 recorded in 2024. Hamilton accounted for 2,746 of those sales, down from 2,915. Burlington bucked the regional trend entirely, posting 1,070 sales, up from 1,001 last year, the only major market in the region where sales activity actually grew.
Outside the two core cities, most areas softened. Dundas saw the sharpest pullback, sales down 25% to 123 from 165 last year. Stoney Creek dropped to 388 from 432. Grimsby fell to 166 from 171. Ancaster stood out with sales up to 256 from 240, even as prices there declined, a combination worth digging into further down.
Pricing Trends
Prices didn't move in a straight line this year. The region opened January at $786,417, dropped through February and bottomed out in March at $808,112, which was actually 8.4% below March 2025. From there, prices climbed through April and May, briefly landing above last year's level in May at $862,187 against $860,375. June pulled back again to $856,277, down 4.6% year-over-year.
That shape matters. Prices didn't fall and stay down. They corrected hard early in the year, recovered through spring, then softened again heading into summer. If you're pricing a listing right now, June's number is the one to anchor to, not the January low or the May high.
New Listings
New listings across the region totalled 10,052 for the first half of 2026, down from 11,492 last year. Hamilton contributed 6,400 of those, down from 7,312. Burlington saw 2,182, down from 2,503.
Fewer new listings sound like good news for sellers, with less competition on paper. That has not translated into a seller's market region-wide. Caledonia is the exception worth watching. New listings there actually rose to 229 from 193, driven largely by a spike of 61 new listings in April alone. That single-month surge reshaped Caledonia's supply picture for the rest of the year.
Inventory and Months of Supply
The region closed June with 3,501 active listings, down from 3,960 last year, putting months of supply at 4.8, an improvement from 5.2 last year. Hamilton sits at 5.0 months of supply, Burlington at a tighter 3.7.
Flamborough remains the most oversupplied market in the region at 9.2 months, consistent with its position as the slowest-moving market this year. Caledonia jumped to 7.2 months of supply from just 4.1 last year, the direct result of that April listings surge. Cayuga improved the most, down to 7.1 months from 10.1 last year.
Days On Market
Homes are taking longer to sell than they were a year ago. The region's year-to-date average sits at 42 days, up from 36 in 2025 and 30 in 2024. But the month-by-month trend tells a better story than the six-month average alone. DOM opened the year at 57 days in January, then fell steadily through the spring, with 52 in February, 44 in March, 37 in April, 35 in May. June ticked back up slightly to 37, the first increase after four straight months of improvement, right on schedule for the usual summer slowdown.
Flamborough posted the longest DOM in the region at 61 days year-to-date, and Cayuga saw the sharpest year-over-year jump, up to 65 days from 45. Caledonia is the standout in the other direction. Despite that inventory surge, DOM there actually improved to 37 days from 43 last year. Homes are still moving quickly even with more competition on the market.
SNLR Market Conditions
The Sales-to-New-Listings Ratio, or SNLR, is how we measure whether buyers or sellers hold the advantage. Above 60% signals a seller's market, below 40% signals a buyer's market, and anything in between is balanced.
The Cornerstone Hamilton-Burlington Region sits at 43.7% for the first half of 2026, up from 39.9% last year but a long way from 2024's sellers-leaning 52.0%. That puts the region solidly in balanced territory.
But the regional number hides real variation underneath. Burlington leads the region at 49.0%, the closest thing to a seller's market this year. Flamborough, Waterdown, Caledonia, and Cayuga all sit below 40%, squarely in buyer's territory. If you're shopping in one of those four areas, you have real leverage right now. If you're shopping in Burlington, expect more competition.
Notable Movements
Caledonia had the most dramatic shift in the region this year. A surge of 61 new listings in April alone nearly doubled the area's months of supply, from 4.1 to 7.2, and flipped its market conditions from balanced to buyer's. What's notable is that homes are still selling fast despite the extra competition. DOM actually improved to 37 days from 43. More choice hasn't slowed things down here.
Dundas tells the opposite story. Sales dropped 25% year-over-year, the sharpest decline of any area in the region, while new listings only pulled back 19%. That gap pushed inventory higher and pressured prices down 6.3%. This is the market where sellers most need to adjust expectations.
Flamborough is the one area bucking the region's price trend, up 4.3% while everywhere else declined. But it's also the slowest-moving market by a wide margin, sitting at 9.2 months of supply and 61 days on market year-to-date. Higher prices here are coming alongside the least urgency in the region.
Ancaster posted an unusual combination: sales up to 256 from 240 even as new listings fell and prices dropped 6.7%. More buyers are active here, but they're finding room to negotiate on price.
Burlington is the strongest market in the region right now. Sales rose against the regional trend, and its 49.0% SNLR is the highest of any area, the closest thing to seller-favourable conditions anywhere in the Hamilton-Burlington market this year.
Neighbourhood Snapshot
|
Area
|
YTD Sales
|
YTD New Listings
|
Avg Price
|
DOM
|
SNLR
|
|
Hamilton-Burlington Region
|
4,388
|
10,052
|
$834,202
|
42
|
43.7%
|
|
Hamilton
|
2,746
|
6,400
|
$744,686
|
42
|
42.9%
|
|
Burlington
|
1,070
|
2,182
|
$1,118,475
|
36
|
49.0%
|
|
Ancaster
|
256
|
638
|
$1,060,443
|
49
|
40.1%
|
|
Dundas
|
123
|
241
|
$923,825
|
35
|
51.0%
|
|
Flamborough
|
85
|
267
|
$1,339,281
|
61
|
31.8%
|
|
Waterdown
|
158
|
406
|
$967,036
|
33
|
38.9%
|
|
Grimsby
|
166
|
406
|
$773,120
|
50
|
40.9%
|
|
Glanbrook
|
183
|
429
|
$776,761
|
44
|
42.7%
|
|
Stoney Creek
|
388
|
973
|
$758,309
|
43
|
39.9%
|
|
Caledonia
|
75
|
229
|
$716,291
|
37
|
32.8%
|
|
Cayuga
|
26
|
78
|
$812,996
|
65
|
33.3%
|
|
Dunnville
|
79
|
193
|
$593,727
|
57
|
40.9%
|
Average Price is calculated by dividing total dollar volume by the number of sales for the period
June 2026 Residential Sales & Average Prices By Area
(Current Month Vs Prior Year)
RAHB Market Activity |
Number of Sales June 2026 |
Number of Sales June 2025 |
Average Sale Prices in June 2026 |
Average Sale Price June 2025 |
|
West Hamilton
|
44
|
40
|
$630,705
|
$784,211
|
|
East Hamilton
|
62
|
50
|
$531,570
|
$595,428
|
|
Central Hamilton
|
72
|
64
|
$521,981
|
$500,469
|
|
Hamilton Mountain
|
134
|
125
|
$685,868
|
$732,541
|
|
Flamborough
|
12
|
30
|
$1,513,583
|
$1,431,093
|
|
Dundas
|
30
|
23
|
$899,460
|
$1,187,887
|
|
Ancaster
|
54
|
43
|
$1,146,924
|
$1,144,441
|
|
Waterdown
|
33
|
29
|
$983,921
|
$857,672
|
|
Stoney Creek
|
74
|
81
|
$753,870
|
$900,870
|
|
Glanbrook
|
41
|
35
|
$725,068
|
$836,874
|
|
Burlington
|
241
|
209
|
$1,169,697
|
$1,160,627
|
|
Dunnville
|
20
|
18
|
$669,970
|
$632,322
|
|
Cayuga
|
4
|
4
|
$681,225
|
$782,500
|
|
Caledonia
|
10
|
12
|
$717,700
|
$742,583
|
|
Hagersville
|
5
|
3
|
$586,000
|
$584,633
|
|
Grimsby
|
34
|
32
|
$817,303
|
$791,591
|
|
West Lincoln
|
10
|
13
|
$704,250
|
$946,115
|
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.
Year-To-Date Context
Six months into 2026, the data shows:
- A region sitting in balanced market conditions overall, up from buyers-leaning territory last year
- Prices down 3.4% year-over-year regionally, though the trend within the year shows a March bottom followed by a spring recovery and a slight June pullback
- A clear split beneath the regional average, Burlington leaning toward sellers, four outer areas firmly in buyers territory
- Days on market improving steadily through spring before the usual seasonal slowdown began in June
- Sales activity holding up better in the core cities than in several surrounding areas, with Dundas and Stoney Creek seeing the sharpest pullbacks
Local Market Observations
Six months into the year, this market is rewarding two things: buyers who are paying attention, and sellers who are pricing honestly.
If you're buying in Flamborough, Waterdown, Caledonia, or Cayuga, you have real leverage right now. An SNLR below 40% in all four communities means less competition, more inventory to choose from, and greater room to negotiate. That's not the case everywhere. Burlington is moving in the opposite direction, with stronger sales activity and the tightest SNLR in the region. Buyers there should still expect to compete for well-priced homes.
One trend I'll be watching closely over the next few months is supply. After months of inventory building, June brought fewer new listings to the market than the same time last year, while sales activity improved modestly across the region. That doesn't suddenly shift the balance in favour of sellers, but it does suggest buyers may not continue seeing the same steady increase in choice they enjoyed earlier this year.
For sellers, Dundas is the clearest warning sign in this data. Sales are down 25%, inventory is building, and prices have softened. That's what happens when pricing doesn't keep pace with a changing market. Compare that to Caledonia, where a surge in supply was absorbed surprisingly well, with homes still selling in an average of just 37 days because sellers adjusted to today's market instead of yesterday's expectations.
June also reinforced another important trend. Buyer activity is improving faster than prices. More people are entering the market, but they're doing so carefully. Buyers are comparing recent sales, negotiating with confidence, and walking away from properties they believe are overpriced. That's a healthy market driven by value, not urgency.
Days on market tightened steadily from January through May before easing slightly in June. That's a normal seasonal pattern rather than a sign of weakening demand. I'd expect that same rhythm to continue through the summer, with activity slowing through July and August before picking up again in the fall.
Pricing has been searching for direction this year. After declining through the first quarter, values recovered modestly during the spring before easing again in June. Six months of data still points to a market working toward equilibrium rather than one that has fully stabilized. What I am confident about is this: homes priced to today's conditions are selling, often quickly, while homes priced to last year's numbers are sitting. Regional averages only tell part of the story. The real opportunities, and the biggest risks, continue to be found at the local community level.
Looking ahead, I don't expect the second half of 2026 to be defined by dramatic price swings. Instead, I think it will be defined by selective demand. Buyers remain active, but they're patient and well informed. Sellers who understand today's market and price accordingly should continue to see successful sales. Those who cling to yesterday's prices are likely to see their homes remain on the market longer. More than ever, pricing strategy has become the single most important factor in a successful sale.
Looking for context? Read the May 2026 market report here.
Want a Closer Look?
Wondering what your home is worth in this market? Get a current pricing analysis for your neighbourhood.
- Request a neighbourhood-specific market analysis
- Get set up on instant listing notifications, so you see new homes the moment they hit the market
- Explore Hamilton Real Estate Trends
Explore Hamilton Real Estate Trends
Hamilton Real Estate Price History Since 1990
Monthly Market Updates
Annual Market Reviews
Disclaimer: The statistics provided are based on information from the ITSO MLS® System, of which Cornerstone is a proud founding member. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends. Cornerstone cautions that these statistics can help identify long-term trends but should not indicate that specific properties have increased or decreased in value. Those requiring specific information on property values should contact a REALTOR®. REALTORS® have their fingers on the pulse of the market and have access to more comprehensive tools and analytics. They know the questions to ask, the areas to probe and what to look for to get a complete picture of the property and community you're considering.