Market Balance Index™
53/ 100
Buyer’s marketSeller’s market
Balanced Market
Mixed conditions, slightly favouring sellers
Detached sales eased 10.1% while inventory fell 18.3% — a balanced market with firmer detached prices.
At a glance
- ↓InventoryTightening
- ↓DemandSoftening
- ↔PricesMixed
- ↑CompetitionModerate
- Detached median price
- $1,206,000
- up 4.0% year over year
- Detached sales
- 89
- down 10.1%
- Days on market
- 29
- down 25.6%
- Months of inventory
- 2.9
- down 14.7%
What happened in October 2026
October detached sales eased 10.1% versus October 2025 and inventory fell 18.3%, while the detached median rose 4.0% to $1,206,000 and homes sold in 29 days. Townhouse and condo sales were flat, with a median of $700,000 (down 0.7%) and 36 days on market. Months of supply are 2.9 for detached and 3.9 for townhouse and condo.
What it means for you
If you’re buying
Detached prices are firmer, while townhouse and condo buyers have more room.
Detached median rose 4.0% to $1,206,000 and homes sold in 29 days, while inventory fell 18.3%. Townhouse and condo prices eased 0.7% to $700,000, with homes taking 36 days to sell. Buyers should compare property types.
- Best opportunity
- Townhouse / condo segment
- Watch
- Detached inventory down 18.3%
- Geoff’s advice
- Compare property types, and be ready on well-priced detached homes
If you’re selling
Detached sellers have firmer prices, but pricing still needs care.
Detached prices rose 4.0% and supply is tighter at 2.9 months, but detached sales eased 10.1%. Townhouse and condo sellers face a flatter market, with the median down 0.7%. Sellers still need to price carefully.
- Strongest advantage
- Higher detached prices and tighter supply
- Watch
- Softer detached sales and flat condo prices
- Geoff’s advice
- Price carefully and present the home well
The full October 2026 data
Detached
| Median sale price | $1,206,000 |
| Median price change | +4.0% |
| Sales | 89 |
| Sales change | −10.1% |
| Months of inventory | 2.9 |
| Months of inventory change | −14.7% |
| Average price | $1,383,600 |
| Average price change | +9.7% |
| New listings | 162 |
| New listings change | −5.8% |
| Inventory | 255 |
| Inventory change | −18.3% |
| Days on market | 29 |
| Days-on-market change | −25.6% |
| % of list price received | 97.5% |
| List-price-received change | +0.8% |
Condo / Townhome
| Median sale price | $700,000 |
| Median price change | −0.7% |
| Sales | 89 |
| Sales change | 0.0% |
| Months of inventory | 3.9 |
| Months of inventory change | −7.1% |
| Average price | $719,894 |
| Average price change | −7.2% |
| New listings | 162 |
| New listings change | −21.4% |
| Inventory | 299 |
| Inventory change | −13.8% |
| Days on market | 36 |
| Days-on-market change | −20.0% |
| % of list price received | 97.4% |
| List-price-received change | +0.6% |
Based on October 2026 activity · ITSO data current November 2, 2026 · Bank of Canada policy rate at 2.50% (October 28, 2026) · September 2026 inflation 3.1% year over year · October 2026 unemployment 6.7% · Local data compares October 2026 with October 2025 · Percent changes are calculated using rounded figures
The Smith Dobrowsky Market Balance Index™ scores conditions from 0 (buyer’s market) to 100 (seller’s market) using supply, demand, pricing, competition and momentum.
Common questions
Is Burlington a buyer’s or seller’s market in October 2026?
Burlington scored 53 out of 100 on the Smith Dobrowsky Market Balance Index™ for October 2026: balanced market, mixed conditions, slightly favouring sellers. Detached sales eased 10.1% while inventory fell 18.3% — a balanced market with firmer detached prices.
What was the median price of a detached home in Burlington in October 2026?
The median detached sale price in Burlington was $1,206,000, up 4.0% from a year earlier. The townhouse and condo median was $700,000 (down 0.7%).
How long are homes taking to sell in Burlington?
In October 2026, detached homes in Burlington averaged 29 days on market (down 25.6% year over year), and townhouses and condos averaged 36 days (down 20.0%).
Want Geoff’s read on your Burlington street?
City-wide numbers only tell part of the story. Geoff can explain how this month’s market applies to your home, your search or your neighbourhood.