hamilton real estate analysis

Delta Neighbourhood
Market Report

What’s happening in the Delta Neighbourhood housing marketing this spring. 

January 1 - may 3, 2023

Houses Sold
Avg Sale Price
Days on Market

Scroll for a full report on this highly desirable East Hamilton neighbourhood.

January 1 to May 3, 2023

Delta Market Watch

Below is a breakdown of home sales in Delta East and West during the time period of January 1 – May 3, 2023. Sold includes closed and pending properties.

1.5-2.5 Storey Detached# SoldAvg PriceLow PriceHigh PriceDays on Market
2 Bedroom1$470,000$470,000$470,00057
3 Bedroom12$641,491$545,000$800,00021
4 Bedroom4$712,975$650,000$785,00021
5 Bedroom1$617,314$617,314$617,31412
TOTAL18$617,778  27

Hamilton Market Trends:

april 2023

In April, sales and new listings improved over earlier in the year and are consistent with seasonal expectations. With 644 sales and 930 new listings in the month, the sales-to-new listings ratio pushed up to 69 per cent, keeping inventories relatively stable at 1,022 units. While inventory levels are higher than super lower levels that we experienced during the pandemic, they remain over 20 per cent lower than what is traditionally available in the market in April. In April the unadjusted benchmark price reached $803,000, which is a significant improvement over January when the benchmark price sat at $754,000. While prices are nearly 16 per cent lower than the high levels seen last year, they are still much higher than pre-pandemic prices.

April 2023 Statistics - Hamilton

Home Sold

18.2% less than last year same time

New Listings

36.6% less than last year same time

Inventory Levels

5.9% higher than last year same time

Months of Supply
Average Days on the Market
Average Price on Market

14.3% less than last year same time

Meet Andi Pojani

Andi’s passion for people is at the core of his approach to real estate. With fifteen years of sales experience in the hospitality industry, he has spent years perfecting the art of service and demonstrating true care in every interaction. His exceptional interpersonal skills and attention to detail put him ahead in any client relationship or negotiation.

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