Hamilton, ON (December 3, 2025) – In November, a total of 624 homes sold across Hamilton,
Burlington, Haldimand County, and Niagara North through the Multiple Listing Service® (MLS®)
System of the Cornerstone Association of REALTORS® (Cornerstone). This figure represents a year-
to-date decline of 12 per cent.
"We're seeing a more balanced market right now, which is giving buyers some breathing room after
years of intense competition,” says Nicolas von Bredow, Cornerstone spokesperson for the
Hamilton-Burlington market area. “Although sales and new listings are down, this is typical as we
enter the winter months. We have inventory that is still higher than long-term trends, creating
opportunities for those who have been waiting on the sidelines. Homes are staying on the market
longer, giving buyers time to think and negotiate rather than rushing into bidding wars.”
“While sellers may need to adjust their expectations from the peak prices of 2022, homes that are
priced right are still selling, and our communities continue to be desirable places to live,” says von
Bredow.
The number of new listings eased off last year’s levels, bringing the sales-to-new listings ratio to 50
per cent. Inventories, while trending down over the previous month, are still higher than last year’s
levels and 68 per cent higher than long-term trends.
Year-to-date, the average unadjusted benchmark price was $775,464, nearly five per cent lower
than last year.
The statistics provided in this report are based on information from the ITSO MLS® System.
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.
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