Still not the best time to Sell!
- Rene Illescas

- Feb 13
- 2 min read
The latest year-to-date real estate numbers are in, and they reveal a market that has clearly slowed in pace. Sales activity is down, prices are adjusting in several segments, and many buyers and sellers are choosing to wait on the sidelines.
While this creates a quieter environment overall, it also opens the door for strategic opportunities, especially for those who understand how to navigate a shifting market.

Burlington Market Highlights
Property Type | Avg Price | % Price Change | Sales | New Listings |
Detached | $1,327,670 | -4% | -13% | -6% |
➡️ Prices have softened slightly, and fewer listings and sales point to a slower, more cautious market. | ||||
Townhouse | $829,714 | -10% | -13% | -43% |
➡️ A major pullback in new listings suggests many sellers are waiting for stronger conditions. | ||||
Condo | $713,667 | +8% | -65% | -20% |
➡️ Very low sales volume is skewing averages, this is currently the most inactive segment. | ||||
Oakville Market Highlights
Property Type | Avg Price | % Price Change | Sales | New Listings |
Detached | $1,852,436 | -3% | -9% | -27% |
➡️ Pricing remains relatively stable, but overall activity is noticeably quieter. | ||||
Townhouse | $1,080,163 | -13% | -53% | -14% |
➡️ One of the biggest slowdowns in either city, driven by affordability and buyer hesitation. | ||||
Condo | $637,726 | -15% | -26% | -5% |
➡️ Values are adjusting as demand softens. | ||||
What This Means for the Market
✔ Buyers are taking their time and making more cautious decisions
✔ Sellers are holding off on listing, reducing available inventory
✔ Negotiation power has shifted compared to previous years
✔ Strategic pricing and strong marketing are more important than ever
This is a balanced-to-slower market, not a crash. Well-prepared homes are still selling, and serious buyers are still purchasing—they’re just moving more carefully.
Opportunities in Today's Market
For Buyers
More room to negotiate price and conditions
Less competition and fewer bidding wars
Time to make thoughtful, informed decisions
For Sellers
Lower inventory in some segments means properly priced homes can stand out
Presentation and marketing are key to achieving strong results
Serious buyers are still active—they’re just more selective
Final Thoughts
The headline story is reduced activity and cautious confidence, but this market rewards preparation, patience, and the right strategy.
Whether you're thinking about buying, selling, or simply want to understand what your home is worth in today’s environment, having hyper-local guidance makes all the difference.




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