Blakeley, Hamilton - August 2026 Real Estate Report

Blakeley, Hamilton: Your Home Is Worth More Than the City Thinks

If you own a place in Blakeley and you have not checked your numbers lately, now is the time. The market here is doing something interesting - houses are holding steady while condos are putting up some of the biggest growth numbers in all of Hamilton. Here is what is actually going on.

The Vibe: Houses vs. Condos

For those of us in houses, the story is one of quiet stability. The average sale price sits at $740,000, and listings are coming in around $749,000 right now. Buyers are paying about 98.4% of list price, which means we are in a stable buyers' market - not a crash, just a market where buyers have a little room to breathe. Homes are sitting for an average of 39 days before selling, which is on the slower side for Hamilton. The city ranked our days-on-market at 28 out of 46 neighbourhoods, so patience is part of the game here.

The good news for house owners? The predicted market value is $754,374, which is climbing above the 3-month moving average of $740,987. That upward momentum matters. Our growth rate ranks 52 out of 207 Hamilton neighbourhoods - that puts us solidly above average on the neighbourhood leaderboard. Not leading the pack, but ahead of more than half the city.

• Average sale price: $740,000
• Current average list price: $749,000
• Price per square foot: $439
• Average days on market: 39
• Sale-to-list ratio: 98.4%
• Predicted market value: $754,374
• Estimated monthly rent: $3,427
• Rental yield: 5.17%
• Growth rank: 52 out of 207 Hamilton neighbourhoods

Now, condos are a completely different conversation. The average HonestDoor Price for a condo in Blakeley has jumped 85.29% from the previous period, landing at $2,296,698. That is not a typo. The predicted market value is $1,239,523 and it is rising fast - up from a 3-month moving average of $1,083,757. Condo values here have moved 8.45% recently, and that growth ranks 16 out of 193 Hamilton neighbourhoods. That puts Blakeley condos in the top tier of the city's leaderboard. If you own a condo here, you are sitting on something that a lot of Hamilton is watching.

• Average HonestDoor Price (condo): $2,296,698
• HonestDoor Price change: up 85.29%
• Predicted market value: $1,239,523
• Estimated monthly rent: $4,715
• Rental yield: 2.78%
• Growth rank: 16 out of 193 Hamilton neighbourhoods
• Airbnb rank in Hamilton: 1st

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now

Here is the thing about your city assessment - it is a snapshot from the past. The Municipal Property Assessment Corporation does not update in real time. It does not know that condo values in Blakeley just moved 85% or that house values are trending above their 3-month average. Your tax assessment is essentially a history lesson.

The HonestDoor Price is a real-world check. It pulls current market signals and updates continuously, so it reflects what a buyer would actually pay today - not what someone guessed two or three years ago. For house owners, the HonestDoor Price of $722,916 gives you a live baseline. For condo owners, that $2,296,698 figure tells a story your assessment almost certainly does not. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to start with.

Compare us to the neighbours: Delta West houses are sitting at $705,265 and St. Clair at $721,078. Blakeley houses at $722,916 are holding their own at the top of that local comparison. Raleigh comes in at $594,076, which is a significant gap. Blakeley is not the cheapest option around here, and that is a good thing if you own.

The So What: Should You Sell in Blakeley This Summer?

For house sellers, the honest answer is: it depends on your timeline. The market is stable, not surging. One property sold last month, prices are essentially flat, and buyers are taking their time - 39 days on average. You will not get a bidding war frenzy, but you will get fair value if you price it right. Coming in at or just below $749,000 puts you in line with where the market is landing. Do not overprice expecting a quick flip - this market rewards realistic sellers.

For condo owners, the calculus is different. With growth ranking 16th in the city and values climbing fast, you have momentum on your side. The question is whether you want to ride it further or lock in gains now. Either way, get your HonestDoor Price updated before you talk to any agent - walk into that conversation knowing your real number, not a stale government figure.

Bottom line: Blakeley is not the flashiest market in Hamilton right now, but it is a steady, above-average one for houses and a genuinely strong one for condos. Know your number, price it honestly, and you will be in good shape this summer.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.