Weekend Events April 15 – 16
Trish Dorak • April 12, 2017
The post Weekend Events April 15 – 16 appeared first on Amy Flowers .
Flowers Team News
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Cooler Temperatures, Warmer Opportunities The fall market in Milton is revealing a trend we’ve been watching closely: more choices for buyers and steady pricing across property types . October 2025 showed a notable increase in sales activity month-over-month, even as average prices ticked down slightly. Sales Rebound as Buyers Re-Enter the Market Home sales in Milton climbed to 169 transactions in October—up a significant 28.03% from September. While the average sale price dipped slightly by 0.94% to $1,026,445 , the increase in activity suggests buyers are regaining confidence amid stabilizing mortgage rates and more realistic pricing. TRREB President Elechia Barry-Sproule recently commented on similar market trends GTA-wide, saying: “Buyers who are confident in their employment situation and ability to make their mortgage payments over the long term are benefitting from affordable housing market conditions relative to the past few years.” That certainly seems to apply in Milton, where more buyers are seizing the opportunity to get into the market—or move up. New Listings Down, But Inventory Still Healthy October saw 349 new listings in Milton, a 19.03% decline from the previous month. However, this decrease came after a surge of inventory in September. Despite the drop, the sales-to-new-listings ratio rose to 48% , up from 31%, signalling a more balanced market with stronger buyer demand. Detached homes remain the most active category, with 79 sales in October, followed by townhomes (43 sales) and semi-detached homes (20 sales) .
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Interest Rate Cuts Spark Buyer Optimism September brought a renewed sense of confidence to Milton homebuyers as the Bank of Canada’s recent interest rate cut created more favourable borrowing conditions. This shift made monthly mortgage payments slightly more manageable, encouraging renewed activity—though Milton’s market is still clearly favouring buyers. “The Bank of Canada’s September interest rate cut was welcome news for homebuyers,” said TRREB President Elechia Barry-Sproule. “With lower borrowing costs, more households are now able to afford monthly mortgage payments on a home that meets their needs.” Sales Hold Steady, Inventory Climbs In September 2025, Milton recorded 132 home sales, holding steady with August. However, new inventory surged 16 percent month-over-month, reaching 431 listings. This increase in supply, paired with consistent sales, resulted in a Sales-to-New-Listings Ratio of 0.31 — down from 0.36 in August. This ratio firmly positions Milton in buyer’s market territory. Compared to September 2024, sales were up nearly 4 percent, while new listings jumped by 14.6 percent, giving homebuyers more options to explore. Prices Rebound Month-over-Month Milton's average sale price climbed to $1,036,162 in September — up a strong 7.5 percent from August 2025, and modestly up 1.4 percent year-over-year. Median prices tell a similar story, rising to $955,000, a 4.7 percent monthly increase. These gains suggest that while buyers are cautious, well-priced and desirable homes are still commanding strong offers. However, it’s important to note that price growth was segment-dependent, with detached homes and townhouses seeing more buyer traction than others.
