Burlington Real Estate Report: A Look at the July 2025 Numbers
Welcome to our August market update! The latest statistics for the Burlington housing market have just been released for July 2025, and they reveal a story of divergence. While some segments are holding firm and even showing modest gains, others are presenting significant opportunities for buyers.
This month, the key is to look beyond the headlines and dig into the specific property type you're interested in. Let's break down the data from the Toronto Regional Real Estate Board (TRREB) to see what's really happening.
Detached Homes: A State of Balance
The market for detached homes in Burlington is demonstrating stability. Both 1-storey and 2-storey homes are in a balanced market, with an absorption rate of 32.4%. This rate, which measures the pace at which available homes are sold, is up slightly from last month, suggesting steady demand. A balanced market means that conditions are fair for both buyers and sellers.
2-Storey Detached Homes
This segment saw a slight increase in value last month, showing resilience in the current climate.
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Month-over-Month (July vs. June 2025): Prices saw a modest increase of +1.0%.
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Year-over-Year (July 2025 vs. July 2024): Prices are down slightly by approximately −1.2% from this time last year.
1-Storey Detached Homes
Bungalows and other 1-storey homes also experienced a healthy monthly price bump, performing slightly better than their 2-storey counterparts in July.
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Month-over-Month (July vs. June 2025): Prices climbed by +1.3%.
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Year-over-Year (July 2025 vs. July 2024): Annually, prices show a decrease of about −8.4%.
Townhomes: A Tale of Two Markets
The townhouse segment is where the market becomes truly fascinating—and divided. The overall benchmark price for townhouses saw the sharpest decline of any property type last month. However, this headline number masks a significant split between freehold and condo townhomes.
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Month-over-Month (July vs. June 2025): The overall benchmark price dropped significantly by −5.3%.
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Year-over-Year (July 2025 vs. July 2024): Prices are down approximately −4.3% annually.
So, why the big monthly drop? It comes down to absorption rates:
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Freehold townhomes are in a strong seller's market with a 65% absorption rate. These properties are in high demand and are selling quickly.
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Condo townhomes are in a deep buyer's market, with an absorption rate of only 23.7%. The lower demand for these properties is pulling the overall benchmark price down.
This is a critical distinction for anyone active in the townhouse market. Sellers of freehold properties still hold an advantage, while buyers will find more negotiating power and opportunity in the condo townhouse segment.
Apartments: A Consistent Buyer's Market
The apartment segment in Burlington continues a trend we've seen for several months, remaining firmly in a buyer's market. The absorption rate crept up to 17.1%, but this is still low and indicates that inventory is outpacing sales.
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Month-over-Month (July vs. June 2025): Prices decreased by −2.7%.
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Year-over-Year (July 2025 vs. July 2024): The annual price change shows a decline of about −2.1%.
For buyers looking to enter the market or find an investment property, the condo apartment segment continues to offer the most favourable conditions.
Summary
The Burlington real estate market is not a monolith. July's data shows that detached homes are enjoying a stable, balanced market with slight month-over-month price gains. In contrast, the townhouse market is split, with freehold properties favouring sellers and condo properties favouring buyers. The apartment segment remains a solid buyer's market.
Understanding these nuances is key to making informed decisions. If you have any questions about what these numbers mean for your specific situation, please don't hesitate to reach out!
