HonestDoor

    Broughton West, Hamilton - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Hamilton, Broughton West

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

    The Vibe Right Now

    If you own in Broughton West and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table. The city's assessment is a snapshot from the past. The HonestDoor Price is what's happening right now - and the gap between those two numbers is where the real story lives.

    Here's the quick read on where we stand, broken down by property type.

    Houses: Steady, Not Flashy

    The market for houses in Broughton West is taking a breather. Sales are quiet - one transaction last month - and homes are sitting on the market for about 39 days on average. Buyers are paying roughly 95 cents on the dollar, so there's some room to negotiate if you're shopping. If you're selling, that means pricing sharp from day one matters more than ever.

    • Average sale price: $523,000
    • Average list price this month: $549,000
    • Price per square foot: $388
    • Average days on market: 39
    • Sale-to-list ratio: 95.26%

    But here's the number that should get your attention. The predicted market value for houses sits at $956,267 - well above what recent sales suggest. That's the forward-looking signal. The 3-month moving average was $930,204, and values are climbing past it. A 4.17% recent change in property values, and a growth rank of 55 out of 203 neighbourhoods in Hamilton, puts Broughton West houses solidly in the above-average tier on the city leaderboard.

    On the rental side, estimated rent comes in at $4,022 per month with a rental yield of 4.90%. That's a reasonable return for anyone thinking about holding rather than selling.

    Condos: A Quiet Overachiever

    Condos in Broughton West don't make a lot of noise, but the numbers are solid. The average HonestDoor Price is $525,958, and the predicted market value is $531,325 - slightly ahead of the 3-month moving average of $531,233. Values have moved 4.14% recently.

    • Average HonestDoor Price: $525,958
    • Predicted market value: $531,325
    • Estimated monthly rent: $2,668
    • Rental yield: 3.78%
    • Growth rank: 36 out of 194 neighbourhoods in Hamilton

    That growth rank is the headline for condo owners. 36 out of 194 puts Broughton West condos in the top tier of Hamilton neighbourhoods right now. Nearby Chappel East and Eleanor are both pricing higher at $559,479 and $548,198 respectively, which means there's still upside room here compared to what's happening just down the road.

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

    Your city assessment is updated on a fixed schedule. It doesn't know what happened in the market last month. It doesn't factor in where values are trending right now. The HonestDoor Price does.

    For houses in Broughton West, the HonestDoor Price is $922,481. For condos, it's $525,958. These numbers are recalculated in real time using actual market activity - not a government formula that's already months or years behind.

    If you're making any financial decision tied to your home - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check you need. Relying on your tax assessment alone is like navigating with an old map.

    The So What - Should You Sell This Summer?

    Here's the honest take for Broughton West homeowners thinking about listing this summer.

    For house sellers, the market is stable but slow. One sale last month, 39 days on market, and buyers pushing back on price. That's not a reason to panic - it's a reason to be strategic. Price it right from the start. Homes that chase the market down take longer and net less. The predicted value of $956,267 tells us the underlying demand is there, but you have to meet buyers where they are.

    For condo sellers, the story is more encouraging. A top-tier growth rank of 36 out of 194 in Hamilton means we're in a neighbourhood that's outperforming most of the city. If you've been sitting on the fence, this summer is worth a serious conversation with your agent.

    Either way, start by pulling your HonestDoor Price. It's the most current read on what your home is actually worth - not what the city decided it was worth a year or two ago. That number is your starting point for every conversation that follows.

    broughton west | hamilton | july 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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