Dynes, Burlington - August 2026 Real Estate Report

Dynes, Burlington: Your Neighbour Just Got a Reality Check on Their Home Value

If you own a home in Dynes and you're still relying on your last city assessment to know what your place is worth, stop. The market has moved - and not entirely in the direction you might hope. Here is what is actually happening on our streets right now.

The Vibe: Houses vs. Condos - Two Very Different Stories

We are seeing a split market in Dynes right now, and it matters which side of that line your property sits on.

Houses: Taking a Breather

Let's be straight with each other. The house market in Dynes is cooling off. The average sale price sits at $1,500,000, but that number dropped 18.5% from last month. Only one house sold, and it sat on the market for 64 days before finding a buyer. The seller got 94.94% of their asking price - meaning real money was left on the table during negotiation.

• Average HonestDoor Price: $1,129,175 (down 2.36% from the previous period)
• Average sale price: $1,500,000
• Average list price this month: $1,580,000
• Price per square foot: $521
• Average days on market: 64
• Sale-to-list ratio: 94.94%
• Predicted market value: $1,156,512
• Estimated monthly rent: $4,630
• Rental yield: 4.48%
• Neighbourhood growth rank: 20 out of 22 in Burlington

That growth rank is the number we need to talk about. On Burlington's neighbourhood leaderboard, Dynes houses are sitting near the bottom - 20th out of 22 comparable neighbourhoods. Days on market rank is 14th out of 16, which means our houses are among the slowest-selling in the city right now. The one bright spot: price rank is 6th out of 19, so we are still above average in terms of what homes here are worth. The value is here. The momentum, for now, is not.

Condos: A Different Energy Entirely

If you own a condo in Dynes, your story is a lot more interesting. The HonestDoor Price for condos jumped 34.06% from the previous period to $553,386. Two units sold this month at an average of $555,000 - up 2.8% from last month. Sellers got 97.81% of asking price, which is a much tighter negotiation than what house sellers are seeing.

• Average HonestDoor Price: $553,386 (up 34.06% from the previous period)
• Average sale price: $555,000
• Average list price this month: $567,450
• Price per square foot: $406
• Average days on market: 58
• Sale-to-list ratio: 97.81%
• Predicted market value: $677,188
• Estimated monthly rent: $3,191
• Rental yield: 3.51%
• Neighbourhood growth rank: 5 out of 21 in Burlington

On the neighbourhood leaderboard, Dynes condos rank 5th out of 21 for growth in Burlington. That puts us in the top quarter of the city for condo momentum. The predicted value of $677,188 is climbing above the 3-month moving average of $646,901, which tells us the trend is pointing up, not sideways.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your city assessment - it is a snapshot from the past. It does not know that one house in Dynes just sold at a discount, or that condo values jumped 34% in a single period. It is a static number doing a poor job of describing a moving target.

The HonestDoor Price is updated in real time using actual sales data, current listings, and market trends. For house owners, it is showing $1,129,175 - which may be a more honest number than what you are hoping for based on an old assessment. For condo owners, that 34.06% jump is something your tax assessment has absolutely not caught up to yet. Either way, knowing your real-world number now means you make smarter decisions - whether that is pricing a listing, refinancing, or just knowing where you stand.

Waiting for the city to tell you what your home is worth is like checking last year's weather forecast before you leave the house today.

The So What: Thinking About Selling This Summer?

If you own a house in Dynes and you are thinking about listing this summer, go in with clear eyes. Buyers are negotiating hard - that 94.94% sale-to-list ratio is proof. Sixty-four days on market means you need patience and a sharp price from day one. Overpricing right now is the fastest way to sit unsold through the summer. Price it right, price it once.

If you own a condo, the window looks more promising. Growth is ranking well on the Burlington leaderboard, prices ticked up last month, and buyers are coming closer to asking. That said, days on market are still slow at 58 days - so do not expect a bidding war. Expect a solid, fair sale if you are priced honestly.

For both property types, the move right now is simple - check your HonestDoor Price before you do anything else. It is the most current read you can get on what Dynes buyers are actually willing to pay today, not what the city guessed your home was worth two years ago.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.