Lets Face The Facts 

Homes are still not "cheap" in the Hamilton, Stoney Creek and Surrounding Areas. But what if I told you home prices in certain areas have fallen by 30% in some real-estate pockets? Would you believe me? Probably not, so lets have a look at the cold hard facts and why waiting can cost you your dream home. 

Home Prices Have Fallen, But Won't Stay That Way

According to the MLS Home Price Index in Hamilton-Burlington, single family homes peaked at a benchmark price of $1,156,400 in February of 2022. To give you some perspective, our benchmark price was $885,700 in March 2025 and has now increased to $900,000 in April 2025. See photo below for reference.

For months, we have been seeing lower interest rates and buyer friendly markets, but there's a catch.... it won't stay that way forever.

Moving More Towards A Balanced Market

Buyers have been blessed with casually shopping for a home and waiting for the right time to buy. With the uncertainty of the tariffs with America, Canada's federal election and economic uncertainty, it only makes sense.

But with the real estate market in Hamilton, Stoney Creek and surrounding areas, we can see moving more toward a balanced market in the near future which becomes more favorable to the sellers. 

What does this mean for you?

If you are a buyer thinking of purchasing, we highly consider you weighing the pros and cons of this:

PROS:

• Taking advantage of lower interest rates
• Negotiate favorable terms for you
• Lower price, plus negotiating more off the price of the home
• Can avoid the potential of bidding wars
• Highly desirable areas are now more affordable
• Gain appreciation once market balances out
• And more!

CONS:

• Potentially a higher interest rate
• Higher priced homes
• Priced out of your desired area 
• Priced out of your desired style of home
• More buyers shopping and competing on homes
• And more!

This isn't a scare tactic, this is making an informed, educated decision on the real-estate market today.

Example Of How Much The Market Increased In 15 Years

Between 2006 an 2021, the average sale price for a home in the Hamilton, Stoney Creek, and Burlington area increased from $253,887 to $879,446 - an increase of more than 240 per cent in 15 years. 

We didn't include the crazy high market during covid for a reason. We know that was insane and irregular. 

Essentially, you can now buy a home in 2025 closer to the the average price of a home in 2021 when the market was increasing without abnormal external factors. 

Imagine where it'll be in the next 15 years once all this "noise" becomes irrelevant. 

Act Now Before You Miss Out

Now is a great time to purchase a home in the Hamilton, Stoney Creek, and Surrounding Area Real Estate Market. This window of opportunity won't last forever and could be a great time to get into your dream home you have been waiting for before it becomes to late! If you want to take advantage of this opportunity, contact us today!