Welcome to the latest update on the Burlington real estate market. Here's a quick look at how the market performed in March 2025 across different property types:
Key Market Stats for Burlington in March 2025
1-Storey Detached Homes
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Price Trend: Down by -10.7% compared to the previous month
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Market Condition: Currently in a balanced market with an absorption rate of 33.1%
2-Storey Detached Homes
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Price Trend: Down by -4.7% from the previous month
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Market Condition: Remains a balanced market, with an absorption rate of 33.1%
Freehold Townhomes
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Price Trend: Slight decrease of -0.6% month-over-month
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Market Condition: Balanced market, with an absorption rate of 48.1%
Condo Townhomes
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Price Trend: Down by -0.6% compared to the previous month
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Market Condition: A balanced market with an absorption rate of 38.6%
Apartments
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Price Trend: Increased by 0.2% from February to March
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Market Condition: A strong buyer's market with an absorption rate of 16.3%
Additional Insights
Despite the absorption rates indicating a balanced market in Burlington, the ongoing month-over-month Housing Price Index shows price softening, largely attributed to economic uncertainties. This market trend may also be influenced by first-time homebuyers taking advantage of lower interest rates.
How Can We Help?
The real estate market is always evolving, and understanding these shifts is key to making informed decisions. If you're considering buying, selling, or just want to discuss how these trends affect your specific situation, I’m here to offer expert advice tailored to your needs.
Feel free to Contact Martin Group at (905) 338-2083. Let’s make sure you’re navigating the Burlington real estate market with confidence.
Frequently Asked Questions
How did Burlington detached prices move in March 2025?
One-storey detached homes fell 10.7% month over month and two-storey detached homes fell 4.7%. Both segments still sat in balanced market territory with a 33.1% absorption rate.
Were Burlington townhomes holding up better?
Yes. Freehold and condo townhomes each eased just 0.6% month over month, with absorption at 48.1% for freehold and 38.6% for condo townhomes — the healthiest turnover in the market.
How did Burlington apartments perform?
Apartments were the only segment to gain, up 0.2% from February to March. But absorption at 16.3% kept them in a strong buyer's market despite the price uptick.
How can the market be balanced while prices fall?
Absorption measures how quickly inventory clears, not what it clears for. Balanced turnover alongside a softening Housing Price Index pointed to economic uncertainty weighing on what buyers would pay.
What was driving activity at the time?
First-time buyers taking advantage of lower interest rates, which showed up most clearly in the strong townhome and freehold townhome absorption figures.
Are these numbers current?
No — this update covers March 2025. Call Martin Group at (905) 338-2083 for today's Burlington figures and what they mean for your property.
