The Milton real estate market cooled further in November 2025, in line with broader regional trends. With average home prices down nearly 14% year-over-year and sales activity dipping, many buyers remained cautious — awaiting clearer economic signals before jumping into the market.
According to data from the Toronto Regional Real Estate Board (TRREB), the average sale price in Milton dropped to $964,583, a 13.87% decrease compared to November 2024 . Home sales also fell 20% year-over-year, with only 120 transactions recorded last month. The number of new listings declined by 15.3%, totalling 238 homes added to the market.
“There are many GTA households who want to take advantage of lower borrowing costs and more favourable selling prices. What they need most is confidence in their long-term employment outlook,” said TRREB President Elechia Barry-Sproule. She added, “Fortunately, we saw encouraging news on jobs and the broader economy in November. If this positive momentum continues, consumer confidence will strengthen, and more people will be in a position to consider purchasing a home in 2026.”
Milton’s
sales-to-new-listings ratio held steady at
0.50, up slightly from October’s 0.48, suggesting a
balanced market where supply and demand are relatively aligned
The type of housing available in Milton shifted slightly month-over-month:
Despite the cooling, some housing categories remained more resilient than others. Att/Row/Townhouses saw only a 5% decrease in sales from October, while Condo Townhouses dropped 57% — though from a small sample.
Milton’s median sale price for November was $900,000, down 6.05% from the previous year. Compared to October 2025, the average price declined 6.03%, reflecting a continued softening in buyer competition.
However, TRREB Chief Information Officer Jason Mercer remains cautiously optimistic:
“November reports on employment and economic growth were much stronger than expected. The Canadian economy may be weathering trade-related headwinds better than expected. More certainty on the trade front coupled with positive economic impacts of recently announced infrastructure projects could improve homebuyer confidence moving forward.”
TRREB CEO John DiMichele emphasized the importance of matching market demand with appropriate supply.
“Homebuyers are currently benefitting from a well-supplied resale market. However, as this inventory is absorbed, new construction is required to fill the housing pipeline. It will be key to see projects that bridge the gap between condominium apartments and traditional single-family homes.”
DiMichele also urged all levels of government to create incentives to build more homes, especially in mid-density formats — crucial for affordability and long-term growth.
Whether you’re considering buying, selling, or simply keeping a pulse on the market, the Flowers Team is here to help you navigate Milton’s evolving real estate landscape. With deep local expertise and up-to-date market insights, we’ll help you make confident real estate decisions.
Contact the Flowers Team today to schedule a consultation and plan your next step.
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