LOCAL INTELLIGENCE™ · AUGUST 2026
See the market before everyone else.
The market is local.
Street by street.
Markets are usually described in averages. But the difference between two streets can matter more than the difference between two cities. This August 2026 edition explains what the latest numbers mean for buyers and sellers across Burlington and Hamilton.
- Inventory Tightening
- Demand Softening
- Prices Mixed
- Competition Moderate
01 · Where do you fit?
Opportunities remain — especially in condos and townhomes, where choice is considerably better.
Sales slowed significantly in August and homes are taking a little longer to sell, creating room to negotiate. Condo and townhome inventory rose 3.1% and months of supply climbed to 4.3, giving buyers far more selection there — while detached supply has fallen to just 2.5 months, so the best detached homes still don’t sit for long.
- Best opportunityCondo / townhome segment
- WatchDetached supply at just 2.5 months
- Geoff’s adviceCome prepared, and be realistic on price and conditions
Detached inventory is down sharply, and well-priced homes are still attracting serious buyers.
Detached sales fell 21.4%, but inventory dropped an even larger 30.7%, and the median detached price held firm at $1.25 million, up 2.0% year over year. Condo sellers face more competition as inventory rises. With buyers selective, presentation, condition and pricing are critical.
- Strongest advantageLimited detached competition
- WatchRising condo inventory and selective buyers
- Geoff’s advicePricing and presentation matter more than ever
02 · Dig Deeper View the full August 2026 data
The Smith Dobrowsky Market Balance Index™ reflects market conditions based on supply, demand, pricing, competition, and momentum. Burlington’s August 2026 score is 55 out of 100.
Overall sales fell 14.2% year over year, led by a 21.4% drop in detached sales, yet overall inventory was 13.8% lower than last year. Detached supply tightened to 2.5 months while condo and townhome supply rose to 4.3 months — two different markets emerging. If buyers return while detached inventory stays this constrained, conditions could firm quickly.
Detached
- Median sale price
- $1,250,000
- Median price change
- +2.0%
- Sales
- 81
- Sales change
- −21.4%
- Months of inventory
- 2.5
- Months of inventory change
- −28.6%
- Average price
- $1,414,631
- Average price change
- −4.0%
- New listings
- 123
- New listings change
- −14.0%
- Inventory
- 221
- Inventory change
- −30.7%
- Days on market
- 35
- Days-on-market change
- +6.1%
- % of list price received
- 97.3%
- List-price-received change
- +0.6%
Condo / Townhome
- Median sale price
- $660,000
- Median price change
- +1.4%
- Sales
- 82
- Sales change
- −5.7%
- Months of inventory
- 4.3
- Months of inventory change
- +10.3%
- Average price
- $683,979
- Average price change
- −5.0%
- New listings
- 153
- New listings change
- +0.7%
- Inventory
- 328
- Inventory change
- +3.1%
- Days on market
- 47
- Days-on-market change
- +2.2%
- % of list price received
- 97.7%
- List-price-received change
- +0.2%
Based on August 2026 activity · ITSO data current September 2, 2026 · Bank of Canada policy rate held at 2.25% · August 2026 inflation 3.03% year over year, up from 2.8% in June · Unemployment unchanged at 6.4% · Local data compares August 2026 with August 2025 · Percent changes are calculated using rounded figures
Burlington Intelligence Archive
Sales took a breather while detached inventory fell even faster, easing the index to 55 — balanced, selective, and slightly favouring sellers.
Detached inventory fell sharply while sales cooled, tightening supply to 2.7 months and keeping competition elevated for well-priced homes.
September 2026
Coming soon. Expected focus: whether fall buyers return while detached supply stays this constrained.
Want Geoff’s read on your street?
Market averages only tell part of the story. Geoff can help you understand how today’s Burlington market applies to your home, your search, or your neighbourhood.
Ask About Burlington
- Inventory Tightening
- Demand Weaker
- Prices Lower
- Competition Rising
- Outlook Slightly Buyer Favoured
01 · Where do you fit?
August gave buyers a little more leverage — especially in condos.
Sales fell 18.9% year over year and homes took 43 days to sell, up 16.2%, giving buyers more time and negotiating room. The townhouse and condo median dropped 14.5% to $543,000. But inventory is still contracting — if activity recovers this fall, that advantage could disappear quickly.
- Best opportunityCondo / townhome selection
- WatchInventory still falling in both segments
- Geoff’s adviceNegotiate on overpriced or stale listings — be ready when the right one appears
Lower inventory helps, but soft demand means expectations need to be realistic.
Inventory is down in both segments — detached 11.1% and condo 12.9% — which is helping support prices. Detached homes remain more resilient, with the median down just 2.6% to $740,000. Homes are taking longer to sell, so pricing and presentation are critical.
- Strongest advantageFewer competing listings
- WatchLonger days on market, especially for condos
- Geoff’s advicePrice realistically — well-priced homes still attract serious buyers
02 · Dig Deeper View the full August 2026 data
The Smith Dobrowsky Market Balance Index™ reflects market conditions based on supply, demand, pricing, competition, and momentum. Hamilton’s August 2026 score is 49 out of 100.
Overall sales declined 18.9% year over year, the median price fell 4.9% to $679,950 and the average declined 5.0% to $738,025. Homes took 43 days to sell, up 16.2%. Overall inventory was down 11.8%, the counterbalance keeping Hamilton balanced despite softer demand.
Single Family Detached
- Median sale price
- $740,000
- Median price change
- −2.6%
- Sales
- 273
- Sales change
- −18.5%
- Months of inventory
- 4.1
- Months of inventory change
- −4.7%
- Average price
- $817,086
- Average price change
- −2.7%
- New listings
- 539
- New listings change
- −18.5%
- Inventory
- 1,251
- Inventory change
- −11.1%
- Days on market
- 40
- Days-on-market change
- +11.1%
- % of list price received
- 96.8%
- List-price-received change
- −0.8%
Townhouse / Condo
- Median sale price
- $543,000
- Median price change
- −14.5%
- Sales
- 108
- Sales change
- −20.0%
- Months of inventory
- 5.3
- Months of inventory change
- −3.6%
- Average price
- $536,309
- Average price change
- −13.7%
- New listings
- 300
- New listings change
- −19.8%
- Inventory
- 737
- Inventory change
- −12.9%
- Days on market
- 51
- Days-on-market change
- +27.5%
- % of list price received
- 97.3%
- List-price-received change
- −0.6%
Based on August 2026 activity · ITSO data current September 2, 2026 · Bank of Canada policy rate held at 2.25% · August 2026 inflation 3.03% year over year, up from 2.8% in June · Unemployment unchanged at 6.4% · Local data compares August 2026 with August 2025 · Percent changes are calculated using rounded figures
Hamilton Intelligence Archive
Demand slowed sharply and prices eased in both segments, moving the index to 49 — balanced, but marginally on the buyer’s side.
Inventory pulled back across both segments while prices held mostly steady, nudging the market toward a slight buyer advantage.
September 2026
Coming soon. Expected focus: whether contracting inventory erases buyers’ edge if fall activity recovers.
Want Geoff’s read on your Hamilton pocket?
Hamilton averages can hide major street-by-street differences. Geoff can help you understand how today’s balance applies to your home, your search, or your neighbourhood.
Ask About Hamilton
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