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Vieira Real Estate Associates Brokerage
CENTURY 21 Miller Real Estate Ltd, Brokerage
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Vieira Real Estate Associates Brokerage
CENTURY 21 Miller Real Estate Ltd, Brokerage
Burlington Real Estate Market Stats — August 2026
Prepared by Vieira Real Estate Associates • Updated September 2026
Quick take: Slower sales meet shrinking supply
Sales: -31.32%
Avg Price: $1,020,937
Median: $897,000
Active: 706
Burlington had a quieter August with noticeably fewer transactions, though detached homes held their ground on price. Inventory is pulling back too, and heading into fall the balance between declining supply and buyer demand will be the key thing to watch.
August 2026 Overview
Burlington had a quieter August, with fewer transactions overall, although the detached market showed some resilience. Across Burlington, 193 homes sold (-31.32% YoY). The average price declined to $1,020,937 (-5.10% YoY), while the median price fell to $897,000 (-7.19% YoY).
Detached homes were the exception on pricing. The average detached price rose 1.53% to $1,421,482, with the median also up 3.31%, even as detached sales fell 21.24%. The more affordable segments were softer, with freehold towns down 7.84% and condo apartments down 13.79%.
One important trend to watch is inventory. Active listings declined 12.08% overall, including a 26.23% drop in detached inventory, and new listings were down 9.02%. So while August was clearly a slower month, buyers are also seeing fewer homes to choose from heading into the fall.
Highlights at a Glance
Total Sales
193
Change: -31.32%
Average Price
$1,020,937
-5.10% YoY
Median Price
$897,000
-7.19% YoY
Avg. Days on Market
38
+0 days
Active Listings
706
-12.08% YoY
New Listings
373
-9.02% YoY
Detached Sales
89
-21.24%
Condo Sales
36
-18.18%
All of Burlington — Key Metrics
| Metric | Value | Change (YoY) |
|---|---|---|
| Average Price | $1,020,937 | -5.10% |
| Median Price | $897,000 | -7.19% |
| # of Sales | 193 | -31.32% |
| Avg Days on Market | 38 | +0 days |
| New Listings | 373 | -9.02% |
| Active Listings | 706 | -12.08% |
Segment Breakdown
| Detached | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $1,421,482 | +1.53% | Held firm on price |
| Median Price | $1,250,000 | +3.31% | |
| # of Sales | 89 | -21.24% | |
| Avg DOM | 33 | -2 days | Selling a touch faster |
| New Listings | 163 | -9.44% | |
| Active Listings | 270 | -26.23% | Sharp pullback in supply |
| Freehold Towns | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $847,133 | -7.84% | |
| Median Price | $870,000 | -7.45% | |
| # of Sales | 15 | -6.25% | |
| Avg DOM | 41 | +24 days | Taking longer to sell |
| New Listings | 34 | -5.56% | |
| Active Listings | 50 | +2.04% | |
| Condo Apartments | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $514,550 | -13.79% | Largest price decline of any segment |
| Median Price | $482,500 | -8.10% | |
| # of Sales | 36 | -18.18% | |
| Avg DOM | 48 | -12 days | |
| New Listings | 78 | -18.75% | |
| Active Listings | 216 | -3.14% | |
What This Means for Buyers
Softer prices in the freehold town and condo segments give buyers some room to negotiate, while detached homes are holding their value. Inventory is shrinking though, with active listings down across most of the market. If you are prepared and pre-approved, acting before supply tightens further could work in your favour.
What This Means for Sellers
Sales slowed noticeably in August, so buyers remain selective and well-priced homes are still the ones that move. With fewer new listings coming to market, there is also less competition for the right buyer. Presentation and a precise pricing strategy make the difference between a quick sale and a listing that sits.
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Burlington Market FAQs — August 2026
Are prices going up or down?
It depends on the segment. The overall average price in August was $1,020,937 (-5.10% YoY) and the median was $897,000 (-7.19% YoY). Detached homes bucked the trend, with the average up 1.53% and the median up 3.31%.
Did sales hold up?
No, August was slower. Overall sales were down 31.32% year over year to 193 transactions, with declines across every major segment including a 21.24% drop in detached sales.
What is happening with inventory?
Supply is pulling back. Active listings fell 12.08% overall, led by a 26.23% drop in detached inventory, and new listings were down 9.02%. Fewer homes on the market could shift the balance as demand returns.
Is now a good time to list?
With fewer new listings competing for attention, well-prepared and accurately priced homes stand out. Buyers are still selective, so condition, pricing, and marketing remain essential to a strong result.
Sources: Local MLS® data for August 2026. Figures rounded.
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Jamie has been my one and only Realtor for the past 9 years, having purchased and sold a total of 8 properties with him. He is very knowledgeable of the housing market in general, and makes the entire buying and selling experience so comfortable. He uses very professional marketing materials to …Jamie has been my one and only Realtor for the past 9 years, having purchased and sold a total of 8 properties with him. He is very knowledgeable of the housing market in general, and makes the entire buying and selling experience so comfortable. He uses very professional marketing materials to list your home, and a team of wonderful staff to assist. I have always valued his honesty when buying with him, and appreciate that he won't just try to sell you any random house to make a quick buck. He will be patient to help you find just the right place. Thanks Jamie![read more]
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Jamie guided me through the buying process, provided professional advice, and ensured a stress-free experience. He made himself available on short notice and worked quickly while maintaining clear communication. I am happy I called Jamie and plan to work with him again in the future.
Greg DavidsonApr 5th, 2024
Rania is truly the best in the business. She always has her client’s best interests at heart and ensures that the process goes smoothly from start to finish. There’s no one else I would recommend to find you your dream home!
Yasmine HaggagJan 20th, 2019
I was lucky enough to find Jamie just over 8 years ago when I was looking to buy my condo. After such a positive experience I couldn’t imagine purchasing my new house without his help.The stress of buying before selling was something I expected to deal with after Jamie helped me with the …I was lucky enough to find Jamie just over 8 years ago when I was looking to buy my condo. After such a positive experience I couldn’t imagine purchasing my new house without his help.The stress of buying before selling was something I expected to deal with after Jamie helped me with the purchase of my new home. However, in the 1 week I was out of town for work, Jamie and his team had my condo staged, listed, and sold. Returning home without having had to live through the sale was invaluable.Jamie is extremely knowledgeable, personable, and highly responsive. It really was a pleasure to work with him and the team.[read more]
Frances C.May 10th, 2024
I cannot make a stronger recommendation for those looking to buy a home in and around the city of Hamilton. My experience with Vieira was seamless from start to finish. My agent Elaine, was always available to answer my questions, no matter how menial or how involved, and when I didn't know to ask …I cannot make a stronger recommendation for those looking to buy a home in and around the city of Hamilton. My experience with Vieira was seamless from start to finish. My agent Elaine, was always available to answer my questions, no matter how menial or how involved, and when I didn't know to ask a question she did so for me. She kept me up to speed on developments through the negotiation process and she was thorough. It was evident she had my best interest in mind.[read more]
Chrystal DJan 20th, 2019
Moving to Burlington from Waterloo was a big decision. Michelle helped answer all of our questions and made our home buying decision easier. She went above and beyond what we expected!
Mike OmaljevAug 31st, 2020
Jamie Vieira and his team did a fantastic job in selling our house.We sold in 3 days!!!Everyone was extremely professional ,efficient whilst being so warm and freindly.Thankyou so much.Highly recommended.
Millie GMar 20th, 2020
I’ve worked with Michelle Andreacchi twice now and wouldn’t have it any other way. She is very knowledgeable and has a pulse on the industry. You can tell that she loves her job and that shows through her commitment to her clients !
Whitney ThorneMar 10th, 2024
Outstanding service from Jamie and the Vieira Real Estate Team. Highly recommend to anyone looking for a trusted realtor in Oakville.
Kiera O'brienJan 20th, 2017
Jamie did a great job for us - I would definitely recommend him to anyone looking for a realtor. He is very easy to talk to and professional yet fun to work with, making a stressful time easier for our family. He also made sure that we received the most value for our money on both the sale of our existing home and the purchase of our new one.
Sharon Quinn
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