PropertyMesh Research

Hamilton Housing Market Heat

How the Hamilton resale market is actually behaving — market speed, asking-price performance and price reductions, computed from MLS sold data with relisting chains merged, and frozen once each quarter is finalized.

Report period
2026 Q2
Status
REVISED
Eligible sales
36,197
Methodology
v1.1 · full notes

Finalized August 27, 2026 — these figures are frozen and will not change without a visible revision note.

Why we’re covering Hamilton

Hamilton earned a dedicated report because it is one of the largest qualifying markets outside Toronto and posted one of the highest price-reduction shares in the province in the most recent reported quarter — a notable divergence between market size and seller pricing power that matters to buyers weighing negotiating room.

Hamilton currently ranks #39 of 103 qualifying Ontario cities on median market time for 2026 Q2.

Hamilton at a Glance — 2026 Q2

Based on 1,287 eligible sales, all property types combined.

28 days
Median market time (relisting chains merged)
Ontario: 28 days
16.1%
Sold at/above original asking
Ontario: 23.0%
22.5%
Listings with a price reduction
Ontario: 17.2%
5.4%
Median discount when below asking
Ontario: 5.0%

How Each Property Type Is Behaving

Property-type cells need at least 25 eligible sales to be published; smaller cells show a dash instead of an unreliable number.

Hamilton market heat by property type
Property typeSalesMedian market timeAt/above askingReduction rate
Condo apartment9949 days4.0%26.3%
Detached87725 days17.9%20.9%
Semi-detached6425 days17.2%23.4%
Condo townhouse11147 days13.5%30.6%
Freehold townhouse13633 days14.7%23.5%

The Trend, Quarter by Quarter

Every published quarter for Hamilton, oldest first. Finalized quarters never change without a visible revision.

Hamilton quarterly market heat history
QuarterSalesMedian market timeAt/above askingSale ÷ original ask
2026 Q21,28728 days16.1%95.6%
2026 Q378130 days14.6%95.8%

Neighbourhood Findings

Neighbourhood-level Market Heat figures are currently in a Toronto-only pilot; Hamilton neighbourhoods aren’t broken out yet. City-wide figures above are the reliable read.

Analyst commentary — 2026 Q2

Commentary for this report period has not been published yet. The figures on this page come straight from the finalized snapshot data above.

This report describes how Hamilton homes have sold in past periods. It is not investment advice and past market heat is not a prediction of prices. City figures require at least 50 eligible sales, property-type cells 25, and neighbourhood cells 30 — smaller samples are withheld rather than ranked.

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