November 12, 2026 | Local Market
Market Update: Burlington, Oakville and Hamilton Real Estate Stats for Fall 2026
The local real estate market is finding its footing this fall. Prices are steadier, buyers are returning and fewer homes are being listed. However, each of our three cities is moving at its own pace.
In this market update, we break down the latest numbers for Burlington, Oakville and Hamilton. We also explain what these stats mean for you, whether you plan to buy or sell.
The Big Picture: October Market Highlights
The wider Hamilton-Burlington market showed clear signs of stability in October. Here are the key numbers from the Cornerstone Association of REALTORS.
- Sales: Home sales rose 10.6 percent from September. They were still 5.3 percent below October 2025.
- New listings: New listings fell 10.3 percent from September.
- Benchmark price: The MLS Home Price Index was $728,900. That is up 1.4 percent from September and down 2.4 percent year over year.
- Inventory: Homes for sale were down 12.6 percent from a year earlier.
- Months of supply: The market ended October with 4.6 months of supply, down from 4.7 in September.
In short, buyers stepped back in while sellers held back. That shift helped prices edge higher for the month.
Burlington Market Update
Burlington remains one of the strongest markets in the region. In September 2026, the average sale price was $1,075,722. That was up 2.2 percent from a year earlier.
Notably, Burlington was the only city in the region where the average price rose. A tight detached market led the way.
- Home sales: 150 homes sold, down 12.8 percent year over year.
- Detached homes: The median price was $1,190,000 and the average was $1,360,500.
- Townhouses and condos: The median price was $670,000.
- Months of supply: 3.6 months overall and just 3.1 months for detached homes.
- Days on market: Detached homes sold in a median of 26 days.
For sellers, this is encouraging news. Low supply means less competition, especially for detached homes. For buyers, well priced homes still move quickly, so preparation is key.
Burlington’s city level October figures were not yet available at the time of writing. We will share them in our next market update.
Oakville Market Update
Oakville’s market is holding steady. In October 2026, the median sold price was $1,195,000. That is down just 0.6 percent from a year earlier and 1.4 percent from September.
- Home sales: 195 homes sold in October.
- Active listings: There were 1,056 homes for sale.
- Condos: The median condo price was $528,750.
Looking at September averages by property type gives more detail. The overall average price was $1,365,169, down 2.5 percent year over year.
Detached homes averaged $1,740,421, down 5.9 percent. Meanwhile, townhouses rose 6.7 percent to $1,167,320. Apartments also gained 2.0 percent to $699,379.
As a result, Oakville offers opportunity on both sides. Buyers may find more room to negotiate on detached homes. Sellers of townhouses and condos are seeing healthy demand.
Hamilton Market Update
Hamilton showed signs of stabilizing in October. The average sold price was $724,461. That was up 1.4 percent from September, although it remains 7.3 percent below last October.
- Home sales: 424 homes sold, up from September.
- New listings: 1,003 new listings came to market, down from September.
Detached homes averaged $797,303, while semi-detached homes averaged $656,431. Townhouses came in at $576,784 and condo apartments at $404,870.
For buyers, Hamilton continues to offer strong value compared to Halton. For sellers, the monthly price gain is a positive sign heading into winter.
How the Three Markets Compare
Each city tells a slightly different story. Burlington has held its value best. Oakville is close to flat. Hamilton has seen a larger correction, but it is now showing monthly gains.
Hamilton leads in sales volume, which reflects its larger size and lower price point. Oakville and Burlington have fewer sales, but their prices remain well above the regional average.
What This Market Means for Buyers and Sellers
For Sellers
Low inventory works in your favour. With fewer homes listed, a well priced and well presented home can stand out. Burlington sellers of detached homes are in a particularly strong position.
For Buyers
Buyers have more choice than they did a few years ago. Prices in Hamilton and parts of Oakville offer room to negotiate. Still, the best homes move quickly, so having financing ready is essential.
Interest rates are also worth watching. The Bank of Canada recently raised its rate to 2.5 percent, which may affect affordability for some buyers.
Get Expert Advice for Your Next Move
Every neighbourhood and every home is different. Citywide stats are a great starting point, but local insight makes the real difference. Our team tracks these numbers every month so you can make confident decisions.
Visit urbangroup.com or call 905.673.1032 to talk with our team today.
Hamilton prices are below last year but rising month to month. The October 2026 average was $724,461, up 1.4 percent from September.
Oakville’s median sold price was $1,195,000 in October 2026. That was down just 0.6 percent year over year.
The wider market is fairly balanced, with 4.6 months of supply in October. However, Burlington detached homes are tighter at 3.1 months, which favours sellers.
We share market updates regularly on our blog. You can also sign up for our newsletter at urbangroup.com for the latest stats.
You May Also Like
- Bank of Canada Rate Hike: What the Move to 2.5% Means for You
- Where to Buy Locally: Peak-Growth Neighbourhoods and Top-Rated Schools
- Ontario Real Estate Market Outlook for 2026: What Buyers and Sellers Need to Know
- Best Neighbourhoods in Burlington by Lifestyle: Find Your Perfect Fit
Get The Newsletter
Join our mailing list to get updates from our experts about the Toronto market, the latest listings, and our industry insights.
