September 2026 — TRREB Data

Burlington Housing Market Report

Monthly data from the Toronto Regional Real Estate Board. Average prices, sales volumes, and market conditions for Burlington, in Halton Region — updated each month.

Average Price
$1,033,458
MLS® HPI Benchmark: $840,600 (▼2.8% yr)
Average Price $1,033,458 Median: $880,000
Sales (September) 177
Active Listings 761
Months of Inventory 3.6
Sales-to-New-Listings 46.1%
Market Overview

Burlington in September 2026

Burlington recorded 177 home sales in September 2026 against 519 new listings, leaving 761 active listings at month’s end — a Months of Inventory (trend) reading of 3.6, the tightest of the four Halton Region municipalities. The average selling price was $1,033,458 and the median $880,000. Its sales-to-new-listings ratio of 46.1% is the highest in the region, though still inside the balanced 40–60% band.

Across Halton Region as a whole (Burlington, Halton Hills, Milton, and Oakville combined), there were 502 sales in September on 1,733 new listings, with 2,625 active listings and a regional Sales-to-New-Listings Ratio of 40.4%. Burlington’s own SNLR of 46.1% sits above the regional average, pointing to relatively tighter conditions than its Halton neighbours.

Market Condition — September 2026
Buyer's (<40%) Balanced (40–60%) Seller's (>60%)
Balanced Market
Sales-to-New-Listings Ratio (12-month trend): 46.1% — inside the commonly used balanced band of 40–60%, and the highest in Halton Region (overall: 40.4%).
Prices by Property Type

Sales & Average Prices — September 2026

Detached homes remain Burlington’s dominant and highest-value segment. Freehold and condo townhouses are tracked as distinct categories by TRREB and are kept separate below — freehold (Att/Row/Townhouse) units carry no condo fees and sold for meaningfully more on average than condo townhouses in September.

Property Type Sales Average Price Median Price Active Listings Avg. SP/LP
Detached 84 $1,363,803 $1,219,950 325 96%
Semi-Detached 7 $892,714 $905,000 21 100%
Att/Row/Townhouse (Freehold) 17 $823,041 $840,000 48 98%
Condo Townhouse 43 $716,155 $670,000 136 97%
Condo Apartment 24 $636,131 $490,000 219 95%

Source: Toronto Regional Real Estate Board (TRREB), Market Watch, September 2026 — “Summary of Existing Home Transactions” by home type, Burlington.

MLS® HPI Benchmark Price — September 2026

The MLS® Home Price Index tracks a “typical” home per category and is less distorted by high-end sales than the average price above. All Burlington categories declined year over year, led by townhouses, while single-family attached homes held up best.

Category Benchmark Price Yr./Yr. % Chg.
Composite $840,600 ▼ 2.81%
Single Family Detached $1,182,500 ▼ 2.90%
Single Family Attached $873,000 ▼ 1.75%
Townhouse $661,200 ▼ 6.97%
Apartment $504,000 ▼ 4.39%

Source: Toronto Regional Real Estate Board (TRREB), Market Watch, September 2026 — “Focus on the MLS® Home Price Index,” Burlington. HPI categories are defined by TRREB and do not map one-to-one onto the sales categories above.

Sales & Inventory

Supply and Demand Breakdown

Homes Sold (September)
177
Year-to-date: 1,837
New Listings
519
Year-to-date: 4,139
Active Listings
761
End of September 2026
Months of Inventory
3.6
12-month trend
Sales-to-New-Listings
46.1%
12-month trend (SNLR)
Avg. Days on Market
34
Avg. SP/LP: 97%

Year-to-date through September 2026, Burlington has recorded 1,837 sales at an average price of $1,074,449 (median $940,000) on 4,139 new listings, with an average sale-to-list ratio of 97% and homes taking an average of 35 days to sell. Burlington’s lower Months of Inventory relative to Oakville and Halton Hills suggests comparatively tighter competition among buyers for the available supply.

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Market Context

What's Driving the Market

GTA-wide backdrop: Across all TRREB Areas, GTA REALTORS® reported 5,040 home sales in September 2026, down 9.0% from September 2025, while new listings fell 14.4% year over year to 16,500. TRREB Chief Information Officer Jason Mercer said, “We know there is substantial pent-up demand in the GTA, with many households fully intending on purchasing a home in the months ahead,” while TRREB President Daniel Steinfeld pointed to the upcoming municipal election as a factor in housing policy across the GTA and Simcoe County for the next four years. TRREB CEO John DiMichele urged governments to reduce barriers such as Toronto’s Municipal Land Transfer Tax and to oppose its expansion across the GTA and Simcoe County.

Interest rates: Per TRREB’s September 2026 economic indicators, the Bank of Canada overnight rate stood at 2.3% and the prime rate at 4.5%, with reported mortgage rates of roughly 5.49% (1-year), 6.05% (3-year), and 6.09% (5-year). Nordaux’s own live rate board (see sidebar) tracks current lender offers, which can run below these reported averages.

Economic backdrop: TRREB’s indicators for the period show Real GDP growth of 3.3% (Q2 2026), Toronto-area employment growth of 1.7% (August 2026), a seasonally adjusted Toronto unemployment rate of 6.8% (August 2026), and year-over-year CPI inflation of 3.0% (August 2026).

Closing costs: Ontario applies Land Transfer Tax on every purchase, and Toronto buyers pay an additional municipal LTT on top (Burlington buyers pay the provincial LTT only). Use our land transfer tax calculator to estimate your closing costs, or read how property transfer tax compares across Canadian provinces.

Reference

Key Terms

MLS® HPI Benchmark Price
The price of a "typical" property in a given area, adjusted for features like size and age. Less distorted by outlier sales than the average price.
Sales-to-New-Listings Ratio (SNLR)
Sales ÷ new listings, on a 12-month moving average. A commonly used convention treats below 40% as favouring buyers, 40–60% as balanced, and above 60% as favouring sellers.
Months of Inventory
Active listings ÷ sales, on a 12-month moving average — an estimate of how long it would take to sell current inventory at the current sales pace.
Stress Test (B-20)
OSFI requires lenders to qualify borrowers at the greater of their contract rate + 2%, or 5.25% — regardless of the actual rate offered. See our 2026 stress test guide.
GDS Ratio
Gross Debt Service — housing costs (mortgage P&I, property tax, heat) as a percentage of gross income. Max 39% for insured mortgages.
TDS Ratio
Total Debt Service — GDS plus all other debt payments. Max 44% for insured mortgages.
Rental Market

Burlington Rents — July 2026

Burlington's rents sit below Oakville's but remain among the higher end of the Halton Region market. Per Rentals.ca, the average asking rent across all unit types in Burlington was approximately $2,370/month in July 2026. Average asking rent for a one-bedroom unit was approximately $2,075/month, and for a two-bedroom unit approximately $2,448/month.

Avg. Asking Rent (All Types)
$2,370
1-Bedroom
$2,075
2-Bedroom
$2,448

Source: Rentals.ca, July 2026 city rent data. These figures are corroborated across multiple independent queries of Rentals.ca's published July 2026 numbers for Burlington; Nordaux was unable to directly access the original Rentals.ca National Rent Report PDF to verify formatting, so treat these as approximate. Run the rent vs. buy calculator →

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Disclaimer: Market data on this page is compiled from the Toronto Regional Real Estate Board (TRREB), Rentals.ca, and other sources cited above. While every effort is made to ensure accuracy, this information may contain errors, may not reflect the most current figures, or may change after publication. Nothing on this page constitutes financial, legal, or investment advice. Before making any purchase, financing, or investment decision, verify current data directly with the original source. Nordaux and its affiliates are not liable for any loss or damage arising from reliance on this information.
Data: TRREB Market Watch, September 2026 (PDF). Average and median prices, sales, listings, Months of Inventory, and Sales-to-New-Listings figures are drawn from TRREB’s “Summary of Existing Home Transactions” tables for the municipality and Halton Region. MLS® HPI benchmark prices are from TRREB’s “Focus on the MLS® Home Price Index” table. GTA-wide commentary and economic indicators are from TRREB’s September 2026 news release (published October 6, 2026). Rental figures are from Rentals.ca as labelled. This page is updated monthly. Last updated October 2026.