Halton Market Update – June 2025

Oakville | Burlington | Milton
By Michael Englund – Real Estate & Mortgage Advisor

As we close the first half of 2025, market activity across Oakville, Burlington, and Milton continues to reflect a rebalancing after the aggressive rate tightening of the past couple years. June showed some important signals — both for homeowners wondering about property values, and buyers trying to decide if now is the time to move.

Let’s break it down city by city.

Oakville

Oakville remains the most expensive of the three markets, particularly in the detached segment, where the median price for a detached home was $1.79M. That’s up slightly from May, and well above last year’s median, despite slower sales volume. Inventory levels are still climbing, with 731 detached listings compared to just 124 sales. That’s over 5.8 months of inventory, putting Oakville firmly in balanced-to-buyer's market territory.

Condo apartments, by contrast, are showing real value right now with a median price of $562K, likely due to soft demand and oversupply. That segment could present an opportunity for first-time buyers or investors.

What it means: Sellers need to be strategic — pricing and presentation matter more than ever. Buyers, meanwhile, are regaining leverage and should be confident negotiating.

Burlington

Burlington's market is trending more steadily. Detached homes saw 125 sales at a median price of $1.25M, with 479 active listings. Compared to Oakville, that's a tighter ratio, suggesting more balanced market conditions.

Condo apartments and townhouses remain more affordable here than Oakville, with median condo prices around $540K–$765K. Activity is healthy but not overheated, giving buyers more room to explore without urgency.

What it means: Burlington continues to attract move-up buyers and downsizers looking for lifestyle value. The pace is stable, and pricing remains more resilient than in Oakville.

Milton

Milton is seeing the most consistent buyer activity relative to its size. Detached home sales came in at 87 units, with a median price of $1.22M — very close to last month. With 338 active detached listings, the supply-to-sales ratio is hovering around 3.9 months of inventory, which leans toward a balanced market.

Townhouses and semis remain very active here, with median prices under $900K, making them highly attractive to first-time buyers and young families.

What it means: Milton continues to shine as a value-driven alternative for buyers who are priced out of the more expensive Oakville and Burlington markets. New construction and newer infrastructure make it popular with young families and newcomers.

Overall Trends & Outlook

• Inventory is growing faster than sales in most categories, especially in the higher price points

• Median prices are holding steady, showing the market isn’t collapsing — but competition is increasing

• Buyers are cautious but engaged, especially when homes are well-priced and show well

• Sellers must be realistic and avoid outdated pricing expectations from the 2021–2022 boom

With interest rates expected to decline again later this year, we may see buyer demand pick up — especially if sellers adjust pricing in response to current conditions.