Milton Real Estate Market Update – August 2025

If you’re a homeowner in Milton, or you’re thinking about buying here, the market in August brought some important changes worth noting. Let’s break it down in simple terms.

Key Numbers at a Glance

  • Sales: 132 (vs. 181 in July 2025, and 131 in August 2024)

  • Average Price: $964,086 (down 5.8% from July, and down 9.4% from last year)

  • Median Price: $912,500

  • New Listings: 371 (down 23% from July)

  • Active Listings: 612 (up 38% compared to August 2024)

  • Months of Inventory: 3.6 (more balanced than last summer’s 2.5)

  • Average Days on Market: 47 (up from 26 a year ago)

What does this mean?
Even though sales were almost identical to last August, there’s much more inventory on the market this year. At the same time, fewer new listings came out in August, meaning many sellers are holding off to see how the fall unfolds. Homes are also taking longer to sell, with the average listing staying on the market for about a month and a half.

Who’s Buying Right Now?

The buyer pool in Milton is made up almost entirely of end users—families moving because of jobs, lifestyle shifts, or the need for more or less space. Investors, who once played a large role in the market, are largely absent.

This has created a more practical, needs-based market. Buyers today are moving carefully, with strong financial guidance and clear strategies, instead of jumping in for speculative reasons.

How Different Property Types Are Performing

Detached Homes in Milton

  • Prices dipped 1.3% from July.

  • 6 months of inventory now puts this segment into buyers’ market territory.

  • Detached homes are $120,000 more affordable than last year and are 23% below the 2022 peak ($1.71M in March 2022).

For families looking to move up into more space, detached homes are offering more breathing room on price while still keeping costs manageable.

Townhomes in Milton

  • Prices also dropped 1.3% month-over-month.

  • Inventory sits at just 1.8 months, which keeps townhomes in a sellers’ market.

This segment continues to see healthy demand under $1M. Buyers are active, but also more selective—focusing on presentation, condition, and maintenance. In today’s market, these details can make or break a sale.

Condos in Milton

  • Average prices fell 5% from July.

  • Inventory climbed to 7 months, putting condos squarely in buyers’ market territory.

For anyone considering a lifestyle shift into a condo, this is a window of opportunity with lots of choice and negotiating leverage.

Can You Really “Time the Market”?

We often hear clients ask about timing the market—but the truth is, it’s nearly impossible to do perfectly. Instead, the smarter approach is to look at:

  • Employment stability

  • Interest rates

  • Inventory levels

  • Immigration and population growth

Right now, those with solid employment are feeling confident enough to move forward, while others are pressing pause to regroup or right-size financially.

Final Thoughts

The Milton real estate market in August 2025 is more balanced than we’ve seen in years. Detached homes are offering opportunities for move-up buyers, townhomes remain competitive, and condos provide leverage for those seeking lifestyle changes.

At the end of the day, the best time to make a move is when it aligns with your personal and financial goals.

If you’re wondering how today’s market impacts your next step, let’s create a strategy together that turns your real estate goals into reality.


No Pressure. Just Good Advice.

Curious about what your home is worth? Want to understand your buying power today? Let’s connect.



Next
Next

Your Weekend Guide: Events Happening in Halton Region