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Vieira Real Estate Associates Brokerage
CENTURY 21 Miller Real Estate Ltd, Brokerage
When would you like to visit...

Vieira Real Estate Associates Brokerage
CENTURY 21 Miller Real Estate Ltd, Brokerage
Sales in Burlington dipped in October but outperformed the GTA overall. Prices are below last year, inventory is elevated yet steady, and recent rate cuts are easing pressure—signs of a slowly stabilizing market.
Burlington posted a 5.31% decline in sales while the GTA as a whole fell ~7.8%. The average price across all property types was $991,062 (-8.91% YoY)—well below the March 2022 peak of ~$1.3M. Active listings remained elevated at 815 (+14.95% YoY), consistent with most of 2025.
The Bank of Canada cut the overnight rate by 0.25% to 2.25% at the end of October. This benefits variable-rate borrowers and lines of credit, while 5-year fixed rates have held roughly 4–4.5% for over a year. While lower variable rates haven’t sparked a surge in demand, pricing looks set to level out into the new year.
Total Sales
Average Price
Median Price
Avg. Days on Market
Active Listings
New Listings
Detached Sales
Condo Sales
| Metric | Value | Change (YoY) |
|---|---|---|
| Average Price | $991,062 | -8.91% |
| Median Price | $923,750 | -5.01% |
| # of Sales | 214 | -5.31% |
| Avg Days on Market | 39 | +10 days |
| New Listings | 475 | 0.00% |
| Active Listings | 815 | +14.95% |
| Detached | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $1,242,975 | -7.22% | |
| Median Price | $1,125,000 | -7.79% | |
| # of Sales | 103 | -17.60% | |
| Avg DOM | 37 | +10 days | |
| New Listings | 206 | -12.71% | |
| Active Listings | 357 | +5.00% | |
| Freehold Towns | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $923,988 | +0.39% | |
| Median Price | $920,000 | -2.65% | |
| # of Sales | 17 | +54.55% | |
| Avg DOM | 27 | +6 days | |
| New Listings | 43 | +38.71% | |
| Active Listings | 52 | +48.57% | |
| Condo Apartments | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $672,811 | +1.50% | |
| Median Price | $535,000 | -14.40% | |
| # of Sales | 45 | +4.65% | |
| Avg DOM | 50 | +11 days | |
| New Listings | 112 | -15.79% | |
| Active Listings | 223 | -4.29% | |
Prices have adjusted from the 2022 peak and choice is strong. With variable rates easing and fixed rates steady, qualified buyers can negotiate confidently and lock terms that fit their plans—especially before sentiment improves.
Inventory remains elevated, so presentation and pricing strategy are critical. Homes that show well and are positioned precisely still attract solid offers. We combine local insight with modern marketing to make your listing stand out.
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Buying, selling, or just curious about your home’s value? Let’s build a plan around your goals—grounded in Burlington data.
Prefer to talk to a person? Meet the Vieira Team — we love talking real estate.
Are prices going up or down?
The average price in October was $991,062 (-8.91% YoY). Month to month, pricing is moving within a narrow band—suggesting stabilization.
How did Burlington compare to the GTA?
Sales were down 5.31% in Burlington versus a ~7.8% decline GTA-wide—slightly better local performance.
How are interest rates affecting buyers?
The BoC reduced the overnight rate to 2.25%. Variable-rate pressure is easing, while 5-year fixed rates have held near 4–4.5%.
Is now a good time to list?
With elevated supply (~815 active listings), success depends on condition, pricing, and marketing. Well-prepared homes still achieve strong results; strategy matters.
Sources: Local MLS® data for October 2025; Bank of Canada rate announcement (Oct 2025). Figures rounded.

Dianna Camara


Holly Tkaczyk





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