Milton Real Estate Market: November 2025 Shows Seasonal Slowdown but Signs of Stability Ahead

Flowers Team Real Estate • December 4, 2025

A Quieter November in Milton


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.


Buyers Still Watching and Waiting


“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

FULL BREAKDOWN

Inventory Shifts Across Property Types


The type of housing available in Milton shifted slightly month-over-month:


  • Detached home listings dropped by 42%
  • Townhouses fell by 43%
  • Semi-detached homes dipped by 17%
  • Condo apartments and condo townhomes saw slight increases of 5% and 25%, respectively


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.


Price Pressure Continues


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.”


Planning for the Future: Building the Right Supply


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.


Let’s Talk About Your Next Move


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.

Flowers Team News

By Flowers Team Real Estate February 13, 2026
Discover the best March Break camps in Milton and surrounding areas for 2026. From STEM and horseback riding to arts and more. Find the perfect camp for your child!
By Flowers Team Real Estate February 13, 2026
From Winterlit at Mountsberg to public skating, snowshoe tours, maple syrup experiences and more—plan your perfect Family Day weekend in Milton and surrounding area.
By Flowers Team Real Estate February 5, 2026
Prices Climb While Inventory Surges to Start the Year The Milton real estate market kicked off 2026 with renewed activity, rising prices, and a significant increase in inventory . While broader GTA forecasts suggest stability amid ongoing affordability pressures, Milton’s January numbers tell a story of resilience and opportunity. Let’s break down what happened in Milton real estate in January 2026 and what it means for buyers and sellers moving forward. Average Home Prices Jump 7.5% Month-Over-Month The average sale price in Milton reached $1,046,516 in January 2026 — a 7.51% increase compared to December 2025. The median sale price also rose to $996,500 , up 6.95% month-over-month, signalling strengthening values across multiple property types. Year-over-year, Milton prices remained steady, with the average price up 0.76% compared to January 2025, showing continued long-term stability despite higher borrowing costs. What this means:  Buyers are still active and willing to compete for well-priced, move-in-ready homes — particularly detached and freehold properties.
Woman with glasses, covering face with hands at a desk, laptop, crumpled tissues.
By Flowers Team Real Estate January 23, 2026
Renting vs buying in Milton, Ontario comes down to real costs, lifestyle priorities, and how long you plan to stay in today’s housing market.
Person calculating with calculator, papers, and miniature house models on desk.
By Flowers Team Real Estate January 23, 2026
Milton, property taxes and homeownership costs include utilities, development charges, closing fees, and long-term maintenance that buyers need to plan for.
By Flowers Team Real Estate January 21, 2026
A Year of Market Reset and Renewed Opportunity The Milton housing market in 2025 told a story of shifting tides, cautious optimism, and improving affordability. As interest rate pressures and economic uncertainty reshaped the real estate landscape across the GTA, Milton followed suit with a cooling in sales activity, a modest price correction, and signs of a more balanced market ahead. Here’s a full look back at how real estate in Milton unfolded through the year — and what it could mean for buyers and sellers as we move into 2026. Home Prices Ease But Remain Resilient Milton’s average home price across all property types in 2025 was $1,019,297, down 4.77% from the $1,070,342 recorded in 2024. This dip marks a reset from pandemic-era price surges, bringing more affordability back into the market — a trend echoed across the Greater Toronto Area. Detached homes saw the highest average of the year at $1,257,060, while semis averaged $970,490, and townhomes came in at $862,104. Condo apartments and condo townhouses remained the most accessible options, averaging $593,200 and $686,507, respectively. Sales Activity Slows in a High-Inventory Environment In total, 1,580 homes were sold in Milton in 2025, with activity peaking in July and tapering off significantly by December — which recorded just 55 sales. This marked a clear slowdown from 2024, when consumer confidence was still relatively strong in the earlier part of the year. By housing type: Detached sales totalled 718 Semi-detached sales: 168 Townhouses: 474 Condo apartments: 146 Condo townhouses: 61 The cooling in demand was not unexpected. As TRREB President Daniel Steinfeld put it: “The GTA housing market became more affordable in 2025... Once households are convinced that the economy and labour market are on a solid footing, sales will increase as pent-up demand is satisfied.” Inventory Rises, Shifting the Balance of Power Milton saw a significant boost in listing activity in 2025, with 6,246 new listings, up 45.8% from 4,285 in 2024. Detached homes led the surge, accounting for 2,141 new listings throughout the year. This influx gave buyers more selection and negotiating power. With the sales-to-new-listing ratio hovering near 0.5 , the market leaned toward balanced to buyer-friendly conditions , especially in the latter half of the year. TRREB’s Jason Mercer emphasized the broader implications: “GTA households must be confident in their employment situation before committing to long-term monthly mortgage payments, even in this more affordable market.”
Red envelope with glitter hearts spilling out.
By Flowers Team Real Estate January 21, 2026
Valentine’s Day events in Milton Ontario for 2026. From romantic dinners and live music to family friendly fun, here is where to celebrate love this February.
By Flowers Team Real Estate January 8, 2026
Home Prices Hold Steady While Sales Cool to End the Year As 2025 wrapped up, Milton’s housing market mirrored broader trends across the Greater Toronto Area (GTA), where economic uncertainty and interest rate pressures continued to shape buyer and seller behaviour. However, improved affordability and stabilized pricing in Milton may be setting the stage for a more active market in 2026. Affordability Improves as Prices Dip Annually The average sale price in Milton for December 2025 settled at $973,454 , marking a modest 0.92% increase month-over-month from November’s $964,583. While prices held steady to close out the year, we saw an 8.93% decline compared to December 2024 , when the average price stood at $1,068,920. This softening in prices aligns with what Toronto Regional Real Estate Board (TRREB) President Daniel Steinfeld observed across the GTA: “The GTA housing market became more affordable in 2025 as selling prices and mortgage rates trended lower... Once households are convinced that the economy and labour market are on a solid footing, sales will increase as pent-up demand is satisfied.”
Shadows of sunlight on a white wall and carpet, creating shapes.
By Flowers Team Real Estate December 19, 2025
Milton housing styles range from century homes to modern suburbs and condos. Learn how each neighbourhood’s architecture reflects its era.
Overhead view of a dense forest canopy, varying shades of green, dappled sunlight.
By Flowers Team Real Estate December 19, 2025
Hidden nature gems in Milton include quiet trails, scenic parks, and local outdoor spots. Explore where locals hike, picnic, and unwind year-round.