Broughton West, Hamilton - August 2026 Real Estate Report

Broughton West, Hamilton: Your Neighbour Sold for Over Ask - Here Is What You Need to Know

If you own a home in Broughton West and you have not checked your property value lately, now is the time to pay attention. The market here is sending mixed signals, and knowing which ones actually affect your wallet is the difference between a smart move and a missed opportunity.

The Vibe: Houses vs. Condos in Broughton West

Houses

Here is the headline for houses: the one home that sold this past period went for $1,020,000, and the buyer paid 102% of the asking price. That means they paid above list. In a market where a lot of neighbourhoods are seeing buyers push back, that is a real signal. We are still in sellers' market territory for houses here.

That said, we should not ignore the other numbers. The HonestDoor Price for houses sits at $911,080, down 1.24% from the previous period. The predicted market value is $922,481, which is slipping below the 3-month moving average of $932,252. Property values have shifted by -3.53% recently. The market is not in freefall - but it is taking a breather.

• Average sale price: $1,020,000
• Average listing price this month: $1,000,000
• Sold-to-list ratio: 102% - buyers paid over asking
• Price per square foot: $391
• Average days on market: 30
• Estimated monthly rent: $3,926
• Rental yield: 4.94%
• Growth rank: 180 out of 207 neighbourhoods in Hamilton

That growth rank is the number to sit with. On the Hamilton neighbourhood leaderboard, houses in Broughton West rank 180 out of 207 for value growth. That puts us near the bottom of the pack. Days on market rank is 22 out of 46 - so homes are moving at a moderate pace, which is decent. But the price growth story is not flattering right now.

Condos

Condos in Broughton West are a different story - and not entirely a bad one. The HonestDoor Price for condos is $504,539, down 4.07% from the previous period. That is a steeper recent dip than houses. But here is the interesting part: the predicted market value of $525,958 is actually creeping up above the 3-month moving average of $522,495. That is a small but real sign of stabilization.

• Average HonestDoor Price: $504,539
• Predicted market value: $525,958
• 3-month moving average: $522,495 - trending up
• Estimated monthly rent: $2,555 to $2,646
• Rental yield: 3.79%
• Airbnb estimate: $127 per night
• Growth rank: 136 out of 193 neighbourhoods in Hamilton

On the condo leaderboard, we rank 136 out of 193 in Hamilton - below average, but not at the bottom. Nearby Eleanor condos are predicted at $552,251 and Chappel East at $574,782, so we are priced under both of those neighbours. For a buyer, that is a relative deal. For a seller, it means pricing strategy matters a lot right now.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is something most homeowners in Broughton West do not realize. Your city tax assessment is a snapshot from the past - sometimes years old. It does not reflect what a buyer would actually pay for your home today. The HonestDoor Price is updated in real time using current sales data, market trends, and neighbourhood comparisons. It is the real-world check against a number that was calculated when the market looked completely different.

Right now, the gap between assessed value and actual market value in Hamilton can be significant - in either direction. If your assessment is low, you might be underselling yourself. If it is high, you could be pricing yourself out of offers. Checking your HonestDoor Price today takes two minutes and gives you a current, honest baseline - not a government number that is already out of date.

With house values in Broughton West sitting at $911,080 on the HonestDoor index and actual sales hitting $1,020,000, there is clearly a spread worth understanding before you make any decisions.

The So What - What This Means If You Are Thinking About Selling This Summer

Selling this summer in Broughton West? Here is the straight talk.

For house sellers, the conditions are still in your favour. One sale at 102% of list price tells us buyers are willing to compete when the right home shows up. But the growth rank of 180 out of 207 means you are not riding a rising tide - you are selling on fundamentals. Price it right, present it well, and you can still get a strong result. Price it with wishful thinking and you will sit for 30-plus days while buyers shop Eleanor or Chappel East instead.

For condo sellers, the window is tighter. Values are down 4.07% recently and you are priced below nearby neighbourhoods. The stabilizing predicted value is encouraging, but this is not the moment to test the market with an aggressive number. Competitive pricing will move your unit. Overpricing it will not.

Either way, the first step is knowing your real number - not the one on your tax bill. Pull your HonestDoor Price, compare it to what is actually selling nearby, and then make your call. That is how neighbours in Broughton West make smart moves 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.