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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.
Latest Blog Posts
Jan 20th, 2020
Michelle Andreacchi changed my whole perspective on buying and selling. She supported us from beginning to end, answering all one million of our questions and was super transparent about everything. Michelle told us when one listing wasn’t right for us and explained why. She was so patient and we …Michelle Andreacchi changed my whole perspective on buying and selling. She supported us from beginning to end, answering all one million of our questions and was super transparent about everything. Michelle told us when one listing wasn’t right for us and explained why. She was so patient and we felt like we didn’t just have a great agent- but a good friend coaching us the whole way. Michelle found us the perfect home and we are so incredibly grateful. Michelle and her team are so organized! I couldn’t believe how helpful the whole team was. They are truly awesome. I recommend Michelle for any real estate move you are thinking about making. You will be so glad that you chose the Vieira Team![read more]
Kelleygene NutritionJan 20th, 2018
Jamie is an amazing realtor. He is great to work with as he is highly professional, hard working and very accessible. I highly recommend him for anyone looking to purchase or sell property.
Mundeep DhaliwalSep 5th, 2022
My experience with Jamie and his team member Elaine were outstanding compared to all the other agents we've used. They knew our vision and stuck by our side until the end even with these wild fluctuations in the market. They made sure we found a house that we wanted and on the other side, they …My experience with Jamie and his team member Elaine were outstanding compared to all the other agents we've used. They knew our vision and stuck by our side until the end even with these wild fluctuations in the market. They made sure we found a house that we wanted and on the other side, they pushed hard with different tactics to get our house sold. They never gave up on us and never showed any signs of frustration. Jamie and Associates were there for us from start to finish and we can't thank them enough. I highly recommend them as this was an experience like no other. Most professional, realistic and down to earth team with all the knowledge to get you through this tough market.[read more]
C RyszJan 20th, 2017
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]
Sabrina GJul 20th, 2020
Jamie is a consummate professional. He is a extremely knowledgeable and his experience shows as he guided us successfully through our purchase of our beautiful property. He is immediately responsive by text and phone and he is always a pleasure to work with. I would highly recommend Jamie to anyone purchasing or selling a home.
Tony AntoniouFeb 17th, 2023
I had struggled to sell my condo for several months before contacting Jamie. From the initial meeting and a full breakdown of the current market with extensive knowledge, to the efficient closing ensuring all details were overseen with the highest level of care, I was really wowed by Jamie and his …I had struggled to sell my condo for several months before contacting Jamie. From the initial meeting and a full breakdown of the current market with extensive knowledge, to the efficient closing ensuring all details were overseen with the highest level of care, I was really wowed by Jamie and his team. The entire process was stress-free and seamless. Having worked with other agents in the past, I was surprised at the level of care and dedication I received from the entire team. They were extremely professional, and provided a high-quality service while being friendly and response. This all led to the sale my condo within days of listing, at a price I was very happy with. Thank you Jamie Vieira & Associates for such a seamless, enjoyable process![read more]
Katarina KnezevicMay 20th, 2024
The best real estate agency in Ontario! Wonderful team to work with super accomodating, very transparent and professional. Garaunteed return once you work with them. Jamie and his associates are warm, kind, and go the extra mile with all their customers.
Andrew JosephJan 20th, 2019
Michelle exceeded all of our expectations as our agent. She was very professional, organized and willing to help at any given time throughout this difficult process. I don’t think I would have gotten through it without her guidance and patience. I felt that both Michelle and Jamie went above and …Michelle exceeded all of our expectations as our agent. She was very professional, organized and willing to help at any given time throughout this difficult process. I don’t think I would have gotten through it without her guidance and patience. I felt that both Michelle and Jamie went above and beyond their duties, even helping me find a great childcare provider in our new neighbourhood! We are very thankful :)[read more]
Mara Alvarez de lorenzanaFeb 28th, 2021
Shree provided excellent guidance and helped us in finding our beautiful new home. He was very when we ran into some issues with previous landlord and provided us great advise and guidance. Very thankful to him for his help and expertise.
Sharandeep KaurJul 20th, 2020
Michelle Andreacchi exceeded our expectations!
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