While neighbouring Oakville saw a modest sales uptick this year, Burlington’s market told a notably different story. The TRREB Market Watch for November 2025 shows a more pronounced slowdown, driven primarily by affordability pressures and a significant reduction in seller participation.
This report provides a detailed breakdown of Burlington’s performance and the economic context behind the numbers.
1. Key Market Changes (2025 vs. 2024)
TRREB data reveals the following shifts:
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New Listings: -15.3% (298 listings)
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Sales: -22.0% (149 sales)
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Average Sale Price: -6.9% ($1,050,257)
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Average Days on Market: +3 days (total of 42 days)
This marks one of the steepest year-over-year declines in sales among Halton municipalities.
2. Why Did This Happen? Economic & Local Market Factors
A. Burlington’s buyer demographic is more interest-rate sensitive
Unlike Oakville—where the luxury segment carries significant weight—Burlington attracts:
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First-time homebuyers
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Move-up families
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Downsizers
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Buyers relocating from Hamilton and Mississauga
These groups are more dependent on mortgage financing, and therefore more affected by elevated interest rates. TRREB states that borrowing conditions continue to keep many buyers in a holding pattern, which directly aligns with Burlington’s 22% decline in sales.
B. A sharp drop in new listings reflects seller hesitation
New listings in the GTA as a whole declined 4% year-over-year, yet Burlington experienced a much deeper decline of 15.3%.
This suggests that many Burlington homeowners are choosing not to list their properties due to:
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Lower price expectations
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Limited urgency to sell
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Anticipation of market improvement in 2026
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Preference to “wait out” the high-rate period
Reduced listing activity also helps explain why Burlington’s price drop (-6.9%) remains moderate despite significant declines in sales volume.
C. Price adjustments remain moderate due to balanced inventory
Even though sales have contracted sharply, Burlington’s inventory levels remain manageable, preventing a deeper correction in home values. The average selling price remains above the million-dollar mark, indicating that the market is cooling, not collapsing.
D. Days on market increased, signalling a slower decision-making cycle
Homes took 42 days on average to sell in November 2025, up from the previous year. While not dramatic, this reflects the overall dampening of urgency among buyers and the increased emphasis on value and affordability.
3. What This Means for Buyers
This environment presents meaningful opportunities, particularly for buyers interested in:
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Freehold townhomes
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Semi-detached homes
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Detached properties outside premium pockets
Buyers have more leverage, greater room for negotiation, and fewer competitive offer situations. For families prioritizing affordability without compromising lifestyle quality, Burlington remains a strong long-term investment.
4. What This Means for Sellers
Sellers in Burlington should expect:
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Longer marketing periods
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More conditional offers
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A need for competitive, market-aligned pricing
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Greater importance placed on staging, maintenance, and presentation
Properties that show well and are strategically priced can still achieve solid outcomes, but success depends heavily on adapting to current market realities.
5. Outlook
Burlington’s market is best described as stable but subdued. Low listing volumes have prevented significant price erosion, but high borrowing costs continue to suppress overall activity. Should interest rates begin trending downward in 2026, Burlington is likely to see a resurgence in buyer demand—especially from first-time and move-up purchasers.
Contact The Fisher Group – Your Real Estate Experts in Oakville and the GTA
Fisher Yu
📱 647.598.8488
📧 [email protected]
🌐 thefishergroup.ca
