11 Feb Real Estate Market January 2026
Your January 2026 real estate market update is here! Covering Toronto, Oakville, Burlington, Hamilton and the surrounding areas.
Highlights of the real estate market from TREBB and Cornerstone
From TRREB: “There were 3,082 home sales reported in January 2026 – down by 19.3% compared to January 2025. New listings entered into the MLS® System amounted to 10,774 – down by 13.3% year-over-year.
The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 8% year-over-year in January 2026. The average selling price, at $973,289, was down by 6.5% compared to January 2025. On a seasonally adjusted basis, January 2026 home sales were down month-over-month compared to December 2025, while new listings were up slightly. Both the MLS® HPI composite and average price trended lower compared to December.”
Over in Hamilton/Burlington: “”The Hamilton-Burlington market is showing signs of stability with a slight month-over-month increase in sales despite the year-over-year decline. With homes staying on the market longer and inventory up by over 23% compared to last year, buyers have more options and potentially more negotiating power. The unchanged monthly HPI indicates we may be reaching a pricing plateau after the significant year-over-year adjustments we’ve seen.” – Bill Duce, Cornerstone CEO
Hamilton-Burlington Area Highlights:
Hamilton-Burlington home sales increased 0.4% month-over-month.
The number of newly listed properties increased 119.9% on a month-over-month basis.
The MLS® Home Price Index (HPI) was unchanged month-over-month and was down 10.0% on a year-over-year basis.
The supply of inventory across the market increased 23.1% on a year-over-year basis, resulting in a 3.2-month supply of all property types by the end of January.”
Questions about buying or selling? Reach out anytime, I’d be happy to discuss the market with you!
All the latest home prices and statistics by property type and city below!
Burlington
Average Sale Price: $1,031,580 compared to $995,162 last month
Average Days on Market: 53 days
Detached: $1,318,960 (vs Dec 2025 $1,268,948)
Semi: $847,500 (vs Dec 2025 $861,500)
Town/Row: $897,250 (vs Dec 2025 $836,340)
Condo Townhouse: $716,688 (vs Dec 2025 $662,667)
Apartment: $695,000 (vs Dec 2025 $686,912)
Mississauga
Average Sale Price: $943,607 compared to $963,078 last month
Overall Average Days on Market: 44 days
Detached: $1,440,435 (vs Dec 2025 $1,414,336)
Semi: $897,014 (vs Dec 2025 $914,159)
Freehold Townhouse: $901,090 (vs Dec 2025 $885,625)
Condo Townhouse: $690,420 (vs Dec 2025 $727,227)
Condo Apartment: $534,289 (vs Dec 2025 $511,026)
Oakville
Average Sale Price: $1,330,082 compared to $1,344,131 last month
Average Days on Market: 43 days
Detached: $1,911,496 (vs Dec 2025 $1,711,047)
Semi: $961,250 (vs Dec 2025 $1,094,083)
Freehold Townhouse: $1,051,321 (vs Dec 2025 $1,347,935)
Condo Townhouse: $657,000 (vs Dec 2025 $772,875)
Condo Apartment: $625,321 (vs Dec 2025 $583,395)
Toronto West
Average Sale Price: $924,557 compared to $899,415 last month
Average Days on Market: 43 days
Detached: $1,351,404 (vs Dec 2025 $1,228,964)
Semi: $1,016,697 (vs Dec 2025 $984,538)
Freehold Townhouse: $1,079,729 (vs Dec 2025 $1,038,559)
Condo Townhouse: $693,391 (vs Dec 2025 $682,519)
Condo Apartment: $562,684 (vs Dec 2025 $570,254)
Hamilton
Average Sale Price: $734,639 compared to $663,558 last month
Average Days on Market: 57 days
Detached: $812,975 (vs Dec 2025 $728,815)
Semi: $581,329 (vs Dec 2025 $502,591)
Town/Row: $639,343 (vs Dec 2025 $616,013)
Apartment: $444,692 (vs Dec 2025 $353,241)
Milton
Average Sale Price: $1,046,516 compared to $973,454 last month
Average Days on Market: 39 days
Detached: $1,276,590 (vs Dec 2025 $1,209,405)
Semi: $963,333 (vs Dec 2025 $883,494)
Freehold Townhouse: $847,768 (vs Dec 2025 $831,796)
Condo Townhouse: $669,000 (vs Dec 2025 $645,000)
Condo Apartment: $484,500 (vs Dec 2025 $599,333)
Sources for Real Estate Market Update for January 2026 : Toronto Regional Real Estate Board and Cornerstone Association of REALTORS®