RE/MAX Real Estate Centre

MILTON Market Update

October 2026  |  Syed Haider Bokhari

Here is a clear, honest look at what is happening in Milton real estate right now. Whether you are thinking about buying, selling, or just keeping an eye on things, this month's numbers tell an interesting story. Let's get into it.

📊 Market Snapshot, October 2026

Here is what the last 30 days looked like in Milton. Prices are softer than this time last year, inventory has grown, and homes are taking a bit longer to sell. It is a more balanced market than we have seen in a while.

Median Sold $890,000

Avg Sold $963,457

Sales (30d) 129

Days on Market 32

Sale-to-List 98%

Active Listings 520

Month over Month ▼ 5.3%

Year over Year ▼ 8.2%

Milton median sold price trend. Source: Live market data, October 2026.

Sellers are still getting close to their asking price (98% sale-to-list is solid), but there is noticeably more choice for buyers right now. With 520 active listings and 32 days on market on average, the pressure to make rushed decisions has eased a lot compared to prior years.

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🏦 Mortgage Rates, October 2026

Rates have come down meaningfully from their 2023 peaks. Here is where things stand right now, which makes a real difference for Milton buyers doing the math on affordability.

Bank of Canada Rate 2.75%

5-Year Fixed 4.14%

5-Year Variable 3.95%

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