Market Update - December 2025 for Oakville, Burlington and Milton - KMrealhomes

A Tale of Two Markets

As 2025 came to a close, the Halton real estate market didn’t deliver any dramatic twists — but it did quietly reinforce some important trends that buyers and sellers should be paying attention to.

December finished somewhat listlessly (yes, pun fully intended), with slower activity and longer timelines across most segments. That said, when you look a little closer, the story varies significantly depending on location and housing type. Oakville, Burlington, and Milton are not moving in lockstep — and neither are detached homes versus townhomes and condos.

Here’s what stood out as we wrapped up the year.


Detached vs. Attached Homes Across Halton

Across Halton as a whole, detached homes experienced the most noticeable price pressure in 2025.

  • Detached homes finished the year with an average sale price of $1,347,391, down 9.5% year over year, while days on market increased to 45 days.

  • Townhomes and condos, on the other hand, remained relatively stable, with an average sale price of $839,652, up a modest 0.5% year over year, though days on market also increased to 49 days.

The takeaway here is affordability. As borrowing costs and price sensitivity continue to shape buyer behaviour, attached homes have benefited from their lower entry point, keeping demand more consistent throughout the year.


Oakville: The Biggest Adjustment in 2025

Oakville saw the most pronounced slowdown across Halton, particularly in the detached segment.

  • Detached homes in Oakville averaged $1,677,011, representing a significant 18% decrease year over year, with days on market increasing slightly to 46 days.

  • Townhomes and condos also softened, averaging $926,452, down 4% year over year, with similar days on market.

This adjustment has been driven largely by price. Oakville’s higher-end detached neighbourhoods — particularly 25–35 year old communities — are seeing more downsizers and fewer move-up buyers, creating opportunities for well-positioned purchasers who are patient and prepared.

For buyers, Oakville may offer some of the best value opportunities heading into 2026.
For sellers, realistic pricing and strong presentation are more important than ever.


Burlington: Holding Its Ground

Burlington has quietly been the most stable market in Halton.

  • Detached homes averaged $1,242,998, down 9.5% year over year, with days on market increasing to 46 days.

  • Townhomes and condos were a bright spot, finishing the year at $725,684, up 2% year over year, despite slightly longer selling timelines.

This relative stability reflects Burlington’s strong appeal across multiple buyer groups — from first-time buyers to downsizers — and its balanced mix of housing options.

Burlington sellers, particularly in the attached market, remain in a solid position as we head into the new year.


Milton: Price Sensitive but Active

Milton continues to reflect a more price-sensitive market.

  • Detached homes averaged $1,114,719, down 12% year over year, with days on market increasing to 43 days.

  • Townhomes and condos averaged $783,961, down 4% year over year, with days on market rising to 42 days.

While pricing has softened, activity has remained relatively steady thanks to Milton’s lower overall price point compared to Oakville and Burlington.


What This Means Heading Into 2026

  • Buyers may find the strongest negotiating opportunities in Oakville, particularly in established detached neighbourhoods where some owners are looking to downsize.

  • Sellers in Burlington are still well positioned, provided pricing aligns with current conditions, to sell.

  • Across Halton, longer days on market are becoming the norm — strategy, preparation, and local insight matter more than ever.

As always, market statistics are most meaningful when applied at a neighbourhood and property-type level. A detached home in one Oakville neighbourhood can perform very differently from another just a few kilometres away.

If you’d like to dig deeper into how these trends apply to your specific home or buying plans, I’m always happy to walk through the numbers and strategies with you.

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Market Update - February 2025 for Oakville, Burlington and Milton - KMrealhomes

Here is a summary of the market trends for Detached Homes in Oakville, Burlington and Milton Ontario.  I’ll be looking for more consistency moving into the Spring market and with the recent rate reductions. Reach out if you want more specific information pertaining to a specific neighbourhood within these regions because each community has its own micro-statistics with varying nuances. I’m happy to provide similar for towns, semis and condos.

Oakville Detached Market – While February did show an uptick compared to January, there was a lot less activity compared to this time last year.  What this means? Sellers may need to plan for houses to be listed for a longer time before selling (avg 27 days); however, the dollar value will be similar to what we’ve been seeing over the past year.   For buyers, you have a lot of choice and don’t need to rush your decisions. 

Burlington Detached Market – As with Oakville, there was some recovery in the sale prices in February compared to January. Unlike Oakville, the market is very active still which results in a more balanced Buyer-Seller market.  Even though houses are taking an average of 24 days to sell, it will be harder to find “deals” as there is enough demand to satisfy Sellers’ motivations.

Milton Detached Market – We unfortunately didn’t see the same rebound that Oakville did from the January lows.  The market in general is sitting lower than it did compared to this time last year. What this means?  Sellers are finding themselves with price reductions and sitting longer (avg 39 days) if not pricing appropriately at the outset. For buyers, there is plenty of choice and some good deals can be found depending on the Sellers’ motivation/need to sell.

MARKET STATS – FEBRUARY 2025 – DETACHED HOMES

Month Over Month (compared to January, 2025; MoM)

Year Over Year (compared to February 2024, YoY)

 

 

Oakville

Burlington

Milton

 

 

 

 

Average Sale Price

$2,073,016

$1,391,534

$1,177,905

MoM % Change

     +12

+3.8

-2.1

YoY % Change

     -2.4

-3.4

   -13.0

 

 

 

 

Transactions

    103

    122

     37

MoM % Change

 

  +26.2

  +54.4

  -33.9

YoY % Change

   -50.3

  +18.4

  -66.4

Days

      27

      24

   39

 

 

 

 

Source: OMDREB, RAHB

 Oakville:

  • Average Sale Price: $2,073,016

    • MoM: ▲ +12.0% (from $1,850,835)

    • YoY: ▼ -2.4% (from $2,124,662)

  • Transaction Volume: 77

    • MoM: ▲ +26.2% (from 61)

    • YoY: ▼ -50.3% (from 155)

Burlington:

  • Average Sale Price: $1,391,534

    • MoM: ▲ +3.8% (from $1,341,400)

    • YoY: ▼ -3.4% (from $1,440,000)

  • Transaction Volume: 122 transactions

    • MoM: ▲+54.4% (from 67)

    • YoY: ▲ +18.4% (from 103)

Milton:

  • Average Sale Price: $1,177,905

    • MoM: ▼ -2.1% (from $1,203,494)

    • YoY: ▼ -13.0% (from $1,353,548)

  • Transaction Volume: 37

    • MoM: ▼ -33.9% (from 56)

    • YoY: ▼ -66.4% (from 110)



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Breaking Apart the Different Neighbourhoods of Burlington, Ontario. -by Kim Melhuish

Many ask what the best area in Burlington is to live in. The lack of specific response to this is due to the diverse nature of each neighbourhood. Because everybody is a bit different in what they are looking for "home" to look like, I've broken apart the neighbourhoods in order to provide a general sense of each. 

Downtown Burlington: One can compare downtown Burlington to the city's heartbeat. Think cool shops, pretty cafes, and enough action to keep one happy and busy. It is the place to be if one is looking for that urban feel without all the hustle and bustle that comes with a big metropolis.

Aldershot: Aldershot resembles the suburban ideal, with a tree canopy cover that makes one want to go out for a nice walk and feel that "days-past" ambiance. The area is speckled with parks and schools and, with a bit more affordability, it is attracting new and younger families to the area.

Brant Hills: Brant Hills is one of those neighborhoods where everyone waves hello and the kids play outside until the streetlights come on. It gives that wholesome vibe that screams, "Relax; you're home.

Tyandaga: If ever there was a diamond in the rough, Tyandaga is it. Winding streets, tall trees, and houses that look like they are right out of the storybooks. The proximity to golf courses allows you to perfect your swing without have to go far from home.

Millcroft: This area will likely speak to you if you are looking for upscale living with a side of luxury. The homes are large, the lawns are manicured, and the country clubs cry out for day off or a Sunday brunch.

Headon Forest: Headon Forest is the cozy sweater of neighborhoods—warm, welcoming, and ever ready to wrap you up in a hug. It has an excellent, tight-knit community and enough green spaces to satisfy any nature lover.

Roseland: Roseland is where the fancy folk hang out, with fabulous homes that will make you look twice. Being in close proximity to Lake Ontario and the waterfront, beautiful views and breezy walks along the shorelines are a part of life.

Alton Village: Shining in a new coat, modern facilities and schools, Alton Village becomes the new kid on the block. Absolutely perfect for those who want to experience the fresh contemporary vibe without having to take away the homey comfort.

Shoreacres: To describe living in Shoreacres in one sentence, it is "your own little private piece of paradise on the lake." It has beaches, parks, and trails that area perfect for outdoors enthusiasts and summer solstice chasers. With good schools, the neighbourhood has many young families with children.

Longmoor: Longmoor is an evergreen charm that never fades out of trend. It is more like a trip back in time when the neighborhood with great community spirit and good vibes. It has that classical ambiance where you will feel at home right from day one.


Feel free to reach out with any questions or for more information!

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Fall in Love with Burlington, Ontario! - by Kim Melhuish

Burlington-pride is strong amongst its residents, and for good reason. Burlington holds the best parts of thriving city, community, proximity to major hubs, suburban appeal and natural beauty. 

When looking at what makes Burlington great, these are a few of the things that pop to mind:

1. Natural Beauty and Great Outdoors: The city of Burlington is proud of the scenic waterfronts found along Lake Ontario, extending panoramic views and activities in and about the pristine waters. Attractions in the area include important parks and conservation areas. For instance, the renowned Royal Botanical Gardens is available for all to absorb its beauty, as is the Bruce Trail for hiking enthusiasts. The green spaces within Burlington provide year-round activities and opportunities to stay in touch with nature.

2. Strategic Location: Burlington is strategically located between Toronto and Hamilton, providing urban accessibility along with suburban serenity. Major highways lead to town and public transit systems and airports. The surrounding cities are relatively easy to commute to while enjoying quieter suburban home life.

3. Community and Cultural Life: Burlington's community and cultural life are rich. The city host numerous festivals and is host to art galleries, theaters and museums to suit any taste. Everything from the Sound of Music Festival and Canada's Largest Ribfest to a myriad community programs held within the Burlington Performing Arts Centre. These events instill the feel of community-mindedness that you can witness from one end of the city to the other.

4. Quality Education: The city is home to two of the best-rated school boards, the Halton District School Board and the Halton Catholic District School Board. The many esteemed public and private schools within region guarantee the highest quality of education to students. Schools in Burlington always rated highly due to their quality in the delivery of education.

5. Economic Stability: Burlington has a very strong and diversified economy that is home to many advanced manufacturing, technology, and service firms. The city is also comprised of various business parks, a vibrant core downtown, and plenty of activity that promises great opportunities for professionals from many areas. Businesses recognize the significant support that they receive from the city at the local level.

6. Quality of life: In most cases, Burlington finds itself listed as one of the best places to live in Canada due to the high quality of life that it provides. Included in these are high levels of education, health care, house and green space. 

7. Waterfront: The waterfront of Burlington ranks among one of the city's best places to be. The pretty Spencer Smith Park and Promenade area host many events that draw thousands of residents and visitors to bask here and play, partake in outdoor activity, and stroll along the Burlington Pier 8.

8. Services and Amenities in the Community: Burlington offers a plethora of amenities and services for its residents to experience and enjoy. Amongst these are the world-class recreational facilities, libraries, and community centers that host program for all ages and levels. The city is committed to a healthy and active community.

Reach out if you if any questions or would like more information!


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Understanding Air Exchange Systems: A Guide for Home Buyers and Sellers in Halton, Ontario: KMRealhomes

Homeowners prioritize comfort and energy savings. The presence of air exchange systems in newer homes is a key selling/buying feature. This guide explores these systems, explaining their value for Buyers, Sellers, and residents. We'll unpack what an air exchange system is, how it functions, its advantages, and why it matters in GTA climates, such as Oakville, Milton and Burlington.

  1. An air exchange system, or ventilation system, mechanically controls indoor air ventilation. It removes stale air from the home and replaces it with fresh outdoor air. This process improves indoor air quality by reducing pollutants, excess moisture, and odors. Halton's diverse climate, with weather extremes, makes efficient air exchange vital for year-round comfort.

  2. Air exchange systems extract stale indoor air while simultaneously bringing in fresh outside air. This exchange occurs through installed ducts and vents. Systems like heat recovery ventilators (HRVs) and energy recovery ventilators (ERVs) not only ventilate but also recover heat or energy from outgoing air to precondition incoming air, boosting energy efficiency.

  3. Installing an air exchange system offers numerous advantages: Fresh air continuously circulates, reducing indoor pollutants like dust, allergens, and volatile organic compounds. This promotes a healthier living environment. Additionally, proper ventilation ensures consistent airflow and temperature regulation, increasing comfort. Energy efficiency is another benefit, as HRVs and ERVs recover heat or energy from outgoing air, reducing strain on heating and cooling systems, ultimately lowering energy bills. Moreover, controlling humidity levels prevents mold growth and moisture-related issues. Air exchange systems help maintain optimal indoor humidity, especially important in humid climates like Halton. Lastly, by continuously bringing in fresh outdoor air, these systems eliminate stale odors, keeping the indoor environment smelling fresh and clean.

  4. In the GTA climate, characterized by hot summers and cold winters, proper ventilation is crucial for maintaining indoor comfort and preserving indoor air quality. Furthermore, with the increasing emphasis on energy efficiency and environmental sustainability, Buyers in Halton actively seek properties equipped with modern amenities like air exchange systems. For Sellers, highlighting the presence of an air exchange system can significantly enhance the marketability and value of their homes in Oakville, Burlington and Milton’s competitive real estate landscape.

Halton residents looking to buy or sell a home should prioritize air exchange systems. These systems ensure fresh indoor air, reducing pollutants like dust and mold. Enhanced airflow improves comfort, lowers utility bills, and promotes sustainable living. Savvy real estate agents highlight these systems to attract buyers valuing health and efficiency.

Feel free to reach out for more information or with any questions.

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Pros and Cons of Preconstruction Homes in Halton, Ontario: KMRealhomes

 

In the bustling real estate market within Oakville, Burlington and Milton, Ontario, prospective homebuyers are often faced with the decision of whether to purchase a preconstruction home or an existing property. This decision carries significant weight, as it can influence not only the homebuyer's immediate satisfaction but also their long-term investment. In this comprehensive guide, I'll delve into the pros and cons of preconstruction homes, aiding new homebuyers in making informed decisions.

Pros of Preconstruction Homes:

  1. Opportunity to Accumulate Funds: The way that a pre-construction purchase is completed is to make small deposits towards the end purchase price over time while the construction is underway. The bulk of the funds are therefore not required until closing, which can often be a couple of years away. This allows Buyers to have some time before they require the bulk of the funds for closing.
  2. Customization Opportunities: One of the most significant advantages of opting for a preconstruction home is the ability to customize various aspects of the property according to personal preferences. From selecting floor plans to choosing finishes, buyers have the freedom to tailor their home to suit their lifestyle and aesthetic preferences.
  3. Potential Cost Savings: In many cases, purchasing a preconstruction home can offer cost savings compared to buying a resale property. Developers often provide incentives and promotions for early buyers, such as discounted prices or waived upgrade fees. Additionally, since preconstruction homes are brand new, buyers can avoid immediate repair and maintenance expenses.
  4. Modern Features and Technology: Preconstruction homes are typically equipped with the latest advancements in building technology and design trends. This ensures that buyers benefit from modern amenities, energy-efficient features, and smart home integration, enhancing comfort and convenience.
  5. Preconstruction homes can potentially appreciate significantly over time, especially in rapidly growing areas such as Halton. The property's value tends to rise as the market evolves and surrounding infrastructure develops, offering long-term financial advantages for homeowners.

Cons of Preconstruction Homes:

  1. One major challenge is the uncertainty surrounding construction timelines. Unforeseen issues like weather, permit delays, or unexpected circumstances can prolong completion dates, leading to frustration and inconvenience for buyers.
  2. Unlike resale properties ready for immediate occupancy, preconstruction homes require patience while awaiting construction completion. This delay poses difficulties for individuals requiring urgent housing or seeking quick relocation. A Buyer always needs a Plan B and C for accommodation should things get delayed last-minute.
  3. While customization offers significant benefits, it also risks potential changes or discrepancies between initial expectations and the final product. Clear communication with developers is crucial to ensure desired modifications are accurately implemented.
  4. The real estate market is susceptible to fluctuations and economic uncertainties, impacting preconstruction home values and demand. Buyers should carefully evaluate market conditions and consider potential risks before committing to a purchase. For instance, will you be able to afford mortgage payments if the interest rate increases? If the market drops, will the bank appraise it at the value you are paying for it in order to secure a mortgage?

To summarize, deciding whether to invest in a preconstruction home in Oakville, Burlington and Milton, Ontario requires carefully weighing the advantages and disadvantages. The opportunity to customize, potential cost savings, and access to modern amenities are attractive benefits. However, buyers must also consider potential uncertainties surrounding construction timelines, occupancy delays, and market fluctuations. By thoroughly researching and evaluating these factors, prospective homeowners can make informed decisions aligned with their preferences and long-term objectives. Working closely with an experienced real estate professional specializing in preconstruction properties can greatly facilitate navigating this process smoothly and successfully. 

As always, feel free to reach out with any questions or for more information. A subsequent blog will address issues that include renting assignments and renting or selling after occupancy.

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Thinking of Downsizing? Things to Consider:  KMRealhomes

There comes that time when the big house seems like a lot of work and no longer serves you. Downsizing can be a great idea... but it's good to consider some of these things to make sure you're making choices that fit your life and future goals.

Assess Your Needs and Goals: Evaluate why you're downsizing. Is it for financial savings, less maintenance or just for a change? What are your priorities in a new home (e.g., location, features). This will help guide your search and ensure your new home fits your lifestyle.

Start Decluttering Early: Begin the process of sorting through your belongings well in advance. Decide what to keep, sell, donate, or discard. There are so many options to repurpose items that you don't think you'll keep and avoid landfills. Downsizing is an excellent opportunity to declutter and simplify your life.

Consider Your Future Lifestyle:  Think about how you want to spend your time in your new home. If travel, hobbies, or spending time with family abroad are priorities, look for low-maintenance properties that align with those activities.

Financial Planning: Review your financial situation with a professional. Downsizing can free up substantial equity from your current home; however, when calculating your affordability for different scenarios, be sure you have accounted for all costs involved in moving (e.g., real estate commissions, lawyers, closing costs, moving services) and setting up a new home, including condo fees if you're considering a condominium.

Research Different Housing Options: There are so many different options for downsizing - from condos and townhomes to bungalows. Each has its pros and cons, so consider what type of property will best suit your needs and preferences.

Explore Different Neighbourhoods: One great idea is to go and spend time in potential areas to get a sense of what it would be like to live there. Walk the streets, go to restaurants, try some grocery shopping, see where the fitness centres are - see what a regular day might feel like. 

Understand the Market:  Work with a real estate agent who understands the local market and who can guide you through the process of selling your current home and buying a new one. Timing can be crucial, especially in a dynamic market where there are quick fluctuations.

Plan for the Move: Moving from a larger to a smaller space is done best with careful planning. Consider hiring professional movers who can help with packing and unpacking and sending items to the appropriate donation, auction site or marketplace. Sometimes it's hard to know where to begin and so a professional mover will organize your process.

Make Your New House a Home: Personalize your new space with items that bring you joy and comfort. The goal is to make your new, smaller home feel welcoming and perfectly suited to your new phase of life.

Stay Flexible and Open-minded: Without a doubt, downsizing can be an emotional journey. Be open to new possibilities and remember that adjusting to a smaller space might take time, but it can also bring a sense of freedom and incredible new opportunities for a fulfilling lifestyle.

Feel free to reach out for more information about downsizing or for assistance in starting this incredible process - great things await!



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