Freehold & Condo Resale Housing Trends with Deep Dive by Neighborhood
The Hamilton real estate market in July 2025 saw balanced activity with notable differences between freehold and condominium sectors. This monthly market update dissects the latest sales figures, price trends, new listings, inventory, and buyer-seller dynamics across the city’s core neighborhoods and home types.
This blog offers in-depth insights based on TRREB and PropTx data, comparing performance with past months and years, and interpreting the data within the current economic landscape—notably the 2.75% Bank of Canada rate and 7.8% unemployment rate in the region.
🏢 Hamilton Condo Market – July 2025 Overview
The Hamilton condo resale market showed signs of healthy demand, especially for affordable segments like condo apartments. This section analyzes sales volumes, price points, time on market, and buyer activity in key neighborhoods like Downtown, Stoney Creek, Waterdown, and Dundas.
📊 Condo Sales & Listings
Total Condo Sales: 79
Total Condo Dollar Volume: Over $38.8 million
Overall Condo SP/LP: 98–99%
Active Listings: 164
📌 Key Insight: High sale-to-list ratios (98–99%) and moderate days on market (35–38 days) indicate strong buyer demand and quick turnover for well-priced condo listings, especially under $650K.
🏙️ Hamilton Condo Market – By Neighborhood
🔹 Downtown Hamilton & Hamilton Centre
Mix of modern high-rise condo apartments and older heritage conversions.
Steady demand from first-time buyers, hospital workers, and McMaster students.
1-bedroom units selling around $520,000–$580,000 with 98%+ SP/LP ratios.
🔹 Stoney Creek
Condo townhouses dominate the resale scene.
Avg. prices climbing to $585,000+, thanks to larger units and family-friendly layouts.
Popular among move-down buyers from Toronto and growing investor interest.
🔹 Waterdown & Dundas
Fewer new listings but high desirability keeps prices high.
Boutique condo buildings, low turnover, and rising demand from empty nesters.
Expect average sale prices above $600,000 for quality units.
📉 Condo Market Trends – YoY & MoM
Year-over-Year (YoY): Condo prices rose ~3.5% over July 2024, driven by demand from out-of-region investors.
Month-over-Month (MoM): Slight softening in apartment activity (-5% MoM), likely seasonal and not a trend reversal.
🏠 Hamilton Freehold Market – July 2025 Deep Dive
While condos are strong, Hamilton’s freehold market continues to be the cornerstone of regional housing with solid activity in the detached, semi-detached, and townhome segments.
📊 Freehold Sales & Price Breakdown
Total Freehold Sales: 200
Dollar Volume: Over $215 million
Average SP/LP: 96–98%
DOM: Highest in detached sector (avg. 119 days)
📌 Insight: The detached segment saw longer time on market, partly due to pricing expectations and a broader price range. Semis and townhomes remained competitive.
🗺️ Freehold Market by Hamilton Neighborhood
🔸 Hamilton Mountain
Detached homes starting from $800K, rising above $1M in upscale pockets.
High family demand due to good schools, parks, and newer builds.
🔸 Ancaster & Dundas
Strongest luxury market in Hamilton. Many homes $1.2M–$2.5M.
Detached home values reached median $1.4M in parts of Ancaster.
🔸 Stoney Creek
Resale strength in both semis and towns.
Average price for townhomes over $720,000, semis around $730,000.
Newer subdivisions pushing prices up.
🔸 Binbrook & Glanbrook
Popular among GTA commuters.
Moderate prices and new home supply draw younger families.
Detached sales active in $775,000–$880,000 range.
🔸 Central Hamilton
Diverse housing stock. Affordability draws investors and first-time buyers.
Freehold towns in high demand due to price point under $700K.
📈 Freehold Trends – YoY & MoM
Detached homes saw 3% YoY price increase, though sales volume dipped slightly MoM due to inventory mismatch.
Semis and towns continued their upward trajectory with 4–5% YoY gains, and strong SNLRs suggest a seller’s advantage.
📊 Chart: July 2025 – Sales Volume vs. Average Price (Hamilton)
💡 Buyer & Seller Takeaways
For Buyers:
Condo apartments and townhomes in Hamilton offer great entry-level pricing.
Freehold homes still command premium, especially in Ancaster & Mountain areas.
Expect less negotiation room in semis and towns vs. detached.
For Sellers:
Staging and pricing strategy is critical, especially for detached properties sitting longer on market.
Target peak marketing in early months of each quarter for better exposure.
Condos priced under $650K are moving fast — great time to list!
💼 Economic Context: July 2025
Bank of Canada Interest Rate: 2.75%
Unemployment in Hamilton CMA: 7.8%
Buyers are still adjusting to the new norm in borrowing costs, but consumer confidence remains stable in the mid-tier housing segments.
🔍 Key Metrics Summary Table
📞 Thinking of Buying or Selling in Hamilton?
Whether you're buying your first condo or upsizing to a detached home in Ancaster, expert local guidance is critical. As a seasoned real estate professional, I can help you:
✅ Accurately price your home
✅ Negotiate with confidence
✅ Understand current market trends
✅ Navigate mortgage options amid rising rates
📩 Get in touch today for a personalized strategy or to request a free home evaluation.
📚 Sources:
🏡 Ready to Start Your Real Estate Journey?
Whether you're planning to buy, sell, or invest, I’m here to guide you every step of the way — surprises and all.
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BROKER
📧 Email: samichy@torontobase.com
🌐 Web: www.torontobased.com | www.torontobase.ca
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