By Flowers Team Real Estate 
 • 
 September 4, 2025 
 
 Milton Real Estate Market Update: August 2025                                                                                     Inventory Up, Sales Slip – A Buyer’s Market in Milton                                                      As summer winds down, Milton’s housing market reflected broader regional trends, with a modest shift in buyer behaviour and a noticeable rise in inventory. According to the latest data compiled by the Flowers Team,                                  132 homes were sold in August 2025                                  , marking a small                                  0.76% increase                                   compared to August 2024. But what stands out most is the sharp growth in                                  new listings                                  , which jumped                                  22.85% year-over-year                                  , bringing the total new inventory to                                  371                                   homes.                                                                                     This uptick in listings has tipped the scales in favour of buyers. With a                                  sales-to-new listings ratio of 36%                                  , Milton firmly sits in a                                  buyer’s market                                  , where supply is outpacing demand and buyers have more leverage in price negotiations.                                                                                     Average Prices See Sharp Drop Year-Over-Year                                                      The average sale price in Milton for August 2025 dropped to                                  $964,086                                  , down                                  9.43%                                   from the same month last year. The                                  median price                                   also reflected this trend, landing at                                  $912,500                                  , which represents a                                  decrease of 8.76% year-over-year                                  . Compared to just last month (July 2025), the average price has dropped another                                  5.79%                                  , reinforcing the current cooling conditions in the market.                                                                                     Milton’s detached home segment saw the largest drop in activity, with only                                  55 sales in August                                  , down a staggering                                  36%                                   from the previous month. Semi-detached homes fared worse, down                                  68% month-over-month                                  . Only                                  7 semi-detached homes                                   were sold this August compared to                                  22 in July                                  . Townhouses and condos remained flat in activity but also faced downward pricing pressure.                                                                                     Expert Voices Weigh In on Market Conditions                                                      “Compared to last year, we have seen a modest increase in home sales over the summer,” noted                                  TRREB President Elechia Barry-Sproule                                  . “With the economy slowing and inflation under control, additional interest rate cuts by the Bank of Canada could help offset the impact of tariffs. Greater affordability would not only support more home sales but also generate significant economic spin-off benefits.”                                                                  Echoing this sentiment,                                  TRREB Chief Information Officer Jason Mercer                                   emphasized the affordability barrier still facing many buyers. “A household earning the average income in the GTA is still finding it challenging to afford the monthly mortgage payment associated with the purchase of an average priced home,” he said. “Further relief in borrowing costs would see an increased number of buyers move off the sidelines to take advantage of today’s well-supplied market.”