Burlington · March 2026
Burlington Market Report — March 2026
$1,066,134
Average price ▼ $43,682
528
Active listings ▲ 45
39
Avg. days on market ▼ 10
Every figure in this report is drawn from ITSO / Cornerstone Association of REALTORS® MLS® data for the Burlington service area, current as of April 2, 2026. It’s the same source data REALTORS® use, presented in plain language.
Key takeaways
- Burlington’s average sale price was $1,066,134 in March 2026, down 10.3% year-over-year — both segments contributed, but single-family did most of the damage at the higher end.
- Days on market jumped sharply for both segments: single-family took 33 days to sell (+50.0% year-over-year), and condos/townhouses took 44 days (+51.7%) — the single biggest year-over-year shift of any metric in this report.
- Single-family sales fell 11.0% year-over-year to 81, while townhouse and condo sales rose 16.7% to 78 — a continuation of the segment split seen in this corridor’s other markets this spring.
- Single-family inventory tightened to 222 active listings (−12.3% year-over-year), while townhouse and condo inventory grew to 287 (+6.6%) — the two segments are moving in opposite directions on supply.
- Affordability improved for both segments — single-family to 33 (+10.0%) and condo/townhouse to 56 (+7.1%) — a rare bright spot for buyers in an otherwise softer month.
March 2026 at a glance
Burlington’s average sale price was $1,066,134 in March, down 10.3% from a year earlier. Sales across all property types totalled 172, up a modest 1.8% from 169 a year earlier, while new listings fell 10.3% to 349. Sellers received 97.1% of their asking price on average, down from 97.8% a year earlier. The median sale price across all property types was $952,500, down 9.3% from $1,050,000 a year earlier — and days on market jumped to 39, up 56.0% from 25 a year earlier, by far the sharpest move in this report.
Where prices have actually moved: single-family vs. condo/townhouse
The city-wide figures mask two segments moving in different directions on sales, even as both saw prices and days on market soften. Single-family sales fell 11.0% year-over-year to 81, even as new listings in that segment fell much further (down 21.8%) — a combination that actually tightened single-family inventory by 12.3%. Townhouses and condos saw the opposite on sales: up 16.7% to 78, even as new listings ticked up slightly (+2.7%) and inventory grew 6.6% — more supply and more demand at once.
| March 2026 | Single Family | Townhouse / Condo | All Residential |
|---|---|---|---|
| Median price | $1,280,000 (−7.2% YoY) | $710,000 (−4.4% YoY) | $952,500 (−9.3% YoY) |
| Average price | $1,425,612 (−7.0% YoY) | $746,159 (−5.1% YoY) | $1,066,134 (−10.3% YoY) |
| New listings | 161 (−21.8% YoY) | 188 (+2.7% YoY) | 349 (−10.3% YoY) |
| Sales | 81 (−11.0% YoY) | 78 (+16.7% YoY) | 172 (+1.8% YoY) |
| Days on market | 33 (+50.0% YoY) | 44 (+51.7% YoY) | 39 (+56.0% YoY) |
| Months of supply | 2.5 (−13.8% YoY) | 4.0 (+29.0% YoY) | 3.2 (+6.7% YoY) |
Months of supply highlights the gap most clearly: single-family sits at a tight 2.5 months, solidly seller-favourable and tightening further, while condos and townhouses have climbed to 4.0 — a meaningfully looser, more balanced reading, and one of the higher months-of-supply readings for that segment in this data set.
Curious how specific pockets of the city compare? See our neighbourhood guides for Aldershot, popular with move-up buyers drawn by larger lots and GO access; Brant Hills, an established detached-home segment; and Downtown Burlington, where limited waterfront-adjacent inventory keeps competition high.
Year-to-date: how the first three months of 2026 compare to 2025
A single month can be noisy. Looking at the full three-month stretch from January through March gives a steadier read on where 2026 actually stands against 2025.
| YTD (Jan–Mar) | Single Family | Townhouse / Condo | All Residential |
|---|---|---|---|
| Sales | 196 (0.0%) | 202 (−5.0%) | 388 (−2.5%) |
| Average price | $1,407,541 (−5.6%) | $739,304 (−2.9%) | $1,076,867 (−3.9%) |
| New listings | 391 (−20.4%) | 467 (−7.9%) | 858 (−14.0%) |
| Days on market | 36 (+44.0%) | 54 (+54.3%) | 45 (+50.0%) |
The year-to-date numbers confirm a broadly soft start to 2026: new listings and average price are both down across every segment, and days on market is running roughly 50% ahead of the same period in 2025 for both single-family and condo/townhouse alike — even with single-family sales exactly flat and condo/townhouse sales only modestly lower.
The nine-month price trend
Looking at the city’s combined average price month by month tells a more textured story than any single comparison. Prices started this window above $1.1M in July and August, slid through the fall and winter, bottomed near $1,013,994 in November, then bounced unevenly — climbing to $1,109,816 in February before pulling back to $1,066,134 in March. That kind of back-and-forth in a market this size often says more about which specific homes closed in a given month — Burlington’s relatively low sales volume makes the average especially sensitive to a handful of high-end transactions — than about a steady shift in underlying value.
Demand and supply: sales, new listings, and inventory
New listings fell faster than sales rose this March — down 10.3% year-over-year while sales actually grew 1.8% — a combination that nudged months of supply up only slightly to 3.2, from 3.0 a year ago. Active inventory at the end of March stood at 528 homes, down 2.2% from a year earlier.
The charts below tell different stories by segment. Single-family inventory fell 12.3% year-over-year to 222 active listings, the tightest reading in this window, while condo and townhouse inventory actually grew 6.6% to 287 — even with condo and townhouse sales up sharply, which is part of why that segment’s months of supply still climbed: new listings held up better there than on the single-family side.
How long homes are taking to sell
Days on market is the standout number in this report. Single-family homes took 33 days to sell in March, up 50.0% from 22 days a year earlier, and condos and townhouses took 44 days, up 51.7% from 29. The year-to-date average of 45 days is running 50.0% ahead of the same period in 2025 — a sharp, consistent slowdown across both segments that’s the clearest sign in this report of a market that’s cooled meaningfully from a year ago, even with sales volume holding up reasonably well.
Home values are still adjusting
The ShowingTime Housing Value Index, which adjusts for seasonality and segment mix to track real underlying value rather than the raw sale price of whatever happened to sell in a given month, fell for both segments in March, though far less sharply than the raw average price did. Single-family’s index dropped 6.0% year-over-year to 204, while condos and townhouses were nearly flat, down just 0.5% to 200. The gap between the index (down modestly) and the raw average price (down 7–10%) suggests March’s price declines were exaggerated by which specific homes happened to sell, on top of a real but more moderate softening in underlying value.
Affordability moved the other way
One number bucking the broader slowdown: Burlington’s affordability improved for both segments. The single-family affordability index rose to 33 from 30 a year earlier (+10.0%), and the year-to-date reading of 34 is up 6.3% from 32 over the same three months of 2025. Condos and townhouses saw a similar gain, climbing to 56 from 52 (+7.1%), with a year-to-date reading of 61, up 7.0%. A higher reading means a typical household qualifies more comfortably for a median-priced home under current rates and incomes than it did a year ago — a genuinely encouraging data point inside an otherwise soft report.
The national backdrop
Burlington’s slowdown in March tracked a broader national pullback. The Canadian Real Estate Association reported that home sales nationally slipped 1.3% month-over-month and 8.1% year-over-year — a steeper national decline than Burlington’s own essentially flat 1.8% gain. RBC Assistant Chief Economist Robert Hogue noted that sales activity was slower in Ontario and British Columbia specifically, while other regions, including parts of Alberta and Quebec, were showing early signs of moderation as well. The national MLS® Home Price Index dipped 0.6% month-over-month and was down 4.8% year-over-year on a non-seasonally adjusted basis. New listings fell 3.9% nationally from the previous month, leaving 151,850 properties listed on Canadian MLS® Systems heading into March — roughly a five-month supply at the current sales pace.
What this means if you’re buying or selling
If you’re selling a detached or semi-detached home, March’s numbers call for patience: days on market jumped sharply, and pricing closer to recent comparable sales matters more than it did a year ago, even with single-family inventory still tight. See our guide on how to prepare your home for sale for what tends to move the needle most. If you’re selling a condo or townhouse, the sales growth in that segment is a genuinely encouraging sign, even with a softer median price and more competition from rising inventory.
If you’re buying, March offered real room to negotiate in both segments — prices down, days on market up sharply, and sellers receiving a smaller share of their asking price across the board. Improved affordability in both segments adds to the case for buyers who’ve been waiting on the sidelines. If you’re working through the process for the first time, our key steps to buying a house walks through what to expect. Investors weighing the condo segment’s renewed sales activity and growing inventory against its softer pricing may also want our essential steps for buying an investment property.
Frequently asked questions
Are home prices dropping in Burlington in 2026?
Yes, on a year-over-year basis. The average sale price across all property types was down 10.3% in March 2026 versus March 2025, and the median price was down 9.3%. Both single-family (median −7.2%) and condo/townhouse (median −4.4%) contributed, though the city-wide figures were pulled down further by a heavier mix of lower-priced sales.
Is Burlington a buyer’s market or a seller’s market right now?
It depends on the segment. Single-family homes, at 2.5 months of supply, remain firmly seller-favourable and are tightening further. Condos and townhouses, at 4.0 months of supply, have moved toward a more balanced market.
What is “months of supply” and why does it matter?
Months of supply is the number of months it would take to sell all current inventory at the current pace of sales. Lower numbers (roughly under 4) favour sellers; higher numbers (roughly above 6) favour buyers. Burlington’s overall reading of 3.2 sits in seller-favourable territory, with single-family notably tighter than condos and townhouses. For more terms like this, see our real estate terms glossary.
How does Burlington’s market compare to the rest of Canada?
Burlington’s sales held up notably better than the national trend in March. CREA reported Canadian home sales down 8.1% year-over-year, while Burlington’s sales were actually up 1.8% year-over-year. Nationally, the home price index was down 4.8% year-over-year — Burlington’s price softness is real but broadly comparable in scale.
About this report
Figures in this report come from ITSO Monthly Indicators data for the Burlington service area, compiled by the Cornerstone Association of REALTORS® and ShowingTime Plus, LLC, current as of April 2, 2026. “Single Family” includes detached and semi-detached homes; “Townhouse/Condo” includes townhouse, condo, and semi-detached-style attached properties as classified by ITSO. Percent changes are calculated using rounded figures and may not sum exactly.
Curious how these numbers apply to a specific property, or want a more detailed read on a particular Burlington neighbourhood? Get in touch for a no-obligation conversation, browse current Burlington-area listings, or get a free home value estimate. New reports are published monthly — see the full archive on the market reports page, including how the market continued into May 2026.
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