As we moved deeper into late fall, the Hamilton–Burlington market continued its seasonal cooldown, with November trading its usual brisk pace for something closer to a slow exhale. Inventory remained elevated, sales eased, and buyers enjoyed more room to think, negotiate, and move at a pace that feels almost luxurious compared to previous years.
Below is a breakdown of how the month unfolded across the region.
Burlington Market Overview
Burlington saw its quietest November on record, with activity easing across all property types.
Sales dropped to 116 units (-39.3% YoY) while 229 new listings came to market (-17% YoY). Inventory rose again, reaching 619 active listings (+16.6% YoY), maintaining balanced but buyer-leaning conditions.
Sales-to-New Listings Ratio: 51%
Months of Supply: 5.3 months (up 91.9% YoY)
Average Price: $1,005,412 (-7.2% YoY)
Benchmark Price: $854,700 (-10% YoY)
Average Days on Market: 42.9 days (+12.3% YoY)
What this means:
Burlington continues to shift toward stronger buyer advantages. Elevated supply, slower sales, and softer prices mean more negotiating room and less urgency for purchasers. Detached homes averaged $1.32 million, while condo units averaged $592,562, reflecting a notable year-over-year adjustment. Well-priced, well-prepared homes remain the strongest performers in this climate.
Hamilton Market Overview
Hamilton also experienced a cooler November, with 414 sales, down 15% from last year. New listings totaled 821 (-5.7% YoY), bringing inventory to 2,241 active homes, an increase of 13.4%.
Sales-to-New Listings Ratio: 50%
Months of Supply: 5.4 months (+33.3% YoY)
Average Price: $746,377 (-5.2% YoY)
Benchmark Price: $769,200 (-7.6% YoY)
Average Days on Market: 49.8 days (+23.8% YoY)
What this means:
Hamilton’s cooling trend continued, with higher inventory levels sustaining buyer-friendly conditions. Detached homes averaged $874,155 (-9.3% YoY), while condos averaged $479,497 (-17.5% YoY). Buyers have more time to evaluate properties, and competitive pricing remains key for sellers seeking movement before year-end.
Big Picture
Across the combined Hamilton–Burlington region, 624 homes sold in November (-23.2% YoY), with 1,246 new listings (-8.4% YoY) and 3,442 active listings (+11.2%).
The regional benchmark price sits at $848,100 for detached, $717,700 for semis, $625,100 for row homes, and $468,600 for condos, with year-over-year declines of 8–9% across categories.
The average price across all residential types reached $786,326 (-6.8% YoY), and inventory rose to 5.5 months of supply, confirming a sustained shift toward balanced-to-buyer market conditions.
Final Thoughts
For Buyers:
This remains an advantageous environment, more choice, slower pace, and greater opportunity to negotiate on both price and conditions.
For Sellers:
Strategy is essential. Today’s successful listings are the ones priced in line with current comparables and positioned thoughtfully for the market.
Looking Ahead:
As we close out the year, we expect activity to wind down seasonally. Early 2026 momentum will depend heavily on economic indicators and buyer confidence.
We continue monitoring these shifts closely so our clients can make confident, well-timed decisions. If you’re thinking about buying or selling or want to understand how these numbers affect your home’s value, we’re always here to help with neighbourhood-specific insight.