Buyer’s Market in Oakville, Milton & Burlington: What the Latest Numbers Mean for You

If you’ve been watching the real estate market in Oakville, Milton, and Burlington this spring, you’ve probably noticed things are shifting. The latest numbers show a clear trend: buyers are gaining the upper hand, and sellers are facing new challenges. Whether you’re house-hunting or thinking of selling, understanding these stats can help you make smarter decisions.

Market Snapshot: What’s Happening Right Now?

• Oakville: Median price is $1,279,000, with 1,431 active listings and 201 sold in the past month—about 7.11 months of inventory. That’s a firm buyer’s market, and prices are down 4.5% year-over-year.
• Milton: Median price sits at $987,000, with 678 active listings and 110 sold—around 6.16 months of inventory. Prices have dipped modestly since last year.
• Burlington: Median price is $1,051,250, with 926 active listings and 170 sold—about 5.45 months of inventory. Prices are holding steady, but the pace is slow.

What’s Driving the Buyer’s Market?

Months of Inventory (MOI) is a key indicator: anything over 5 months usually signals a buyer’s market. Right now, all three cities are well above that threshold. More homes are for sale than buyers are snapping up, especially at higher price points. This oversupply means buyers have more choices and more negotiating power, while sellers are feeling the pressure to stand out.

Advice for Buyers: Opportunity Knocks

If you’re buying, this is your moment. With more listings and less competition, you can take your time, negotiate better terms, and even be selective about finding the perfect fit. Don’t be afraid to ask for extras or price reductions—motivated sellers are more likely to accommodate.

Advice for Sellers: Stand Out and Stay Flexible

For sellers, it’s all about strategy. Price your home competitively from the start, invest in staging or minor updates, and be patient. The right buyer is out there, but it may take longer than it did a year or two ago. Flexibility and a strong marketing plan are key.

Looking Ahead: What Could Change?

Markets are always evolving. Interest rate changes, shifts in the broader economy, or a sudden uptick in demand could swing things again. For now, buyers have the advantage, but staying informed is the best way to navigate what comes next.

Added Value: Real Estate & Mortgage Services—All in One Place

To make your next move even smoother, I’m excited to share that I’m now also a licensed mortgage agent with Dominion Lending. That means I can help you not only buy or sell your home, but also secure the right financing—all under one roof. It’s a one-stop, stress-free solution for your real estate journey.

Let’s Chat

Every situation is unique. If you have questions about buying, selling, or financing in Oakville, Milton, or Burlington, I’m here to help. Reach out anytime for a personalized consultation!