If you have been glancing at your property tax assessment and feeling pretty good about your home's value, it is time for a reality check. The Maple market in Burlington is shifting, and the numbers are telling a story that your city assessment definitely is not.
Let us break it down by property type, because houses and condos are telling two very different stories in our neighbourhood this month.
If you have been watching the "For Sale" signs on our streets, here is what is actually happening. House prices are under quiet pressure. The average HonestDoor Price sits at $1,252,486 - down 0.24% from last period. That sounds small, but pair it with a recent value change of -4.71% and a predicted market value of $1,255,512 that is sliding below the 3-month moving average of $1,283,266, and the direction is clear. We are not in freefall, but we are not climbing either.
That growth rank is the number we need to talk about. On the Burlington neighbourhood leaderboard for house value growth, Maple sits at 21st out of 22. That is near the bottom of the pack. It does not mean our homes are bad investments - it means right now, other parts of Burlington are outrunning us. Sellers need to know this going in.
The one bright spot? Houses here are moving at a moderately fast pace - ranking 8th out of 16 for days on market. Buyers are still showing up. They are just not overpaying.
The condo picture is a bit more complicated. Values have taken a harder hit - the average HonestDoor Price for condos is $738,526, down 5.02% from the previous period. That is a meaningful drop. The predicted market value of $737,618 is also tracking below the 3-month moving average of $777,444, which tells us the slide is not over yet.
Here is the interesting flip side for condos. On the Burlington leaderboard, Maple condos rank 1st out of 7 for price - meaning we are among the most expensive condo options in the city. And they are selling fast - ranking 1st out of 7 for days on market. So while values are dipping, demand is real. Buyers want in. They are just getting a bit more value for their dollar than they were a few months ago.
Here is the thing about your city assessment - it is a snapshot from the past. It does not know that Maple house values have dropped 4.71% recently. It does not know that condo prices are down 5.02% from last period. It is working with old data, and in a shifting market, old data can cost you real money.
The HonestDoor Price is updated in real time. It pulls from actual sales, current listing activity, and live market signals - not a government review cycle that runs years behind. Right now, for Maple homeowners, that gap between your assessment and your actual market value could be significant. If you are thinking about selling, refinancing, or even just understanding what you actually own, the HonestDoor Price is the number that reflects today - not two years ago.
Think of it this way: your assessment is a history textbook. The HonestDoor Price is today's news feed.
If selling is on your mind, here is the straight talk you need before you call an agent.
For house sellers - the market is not working against you, but it is not doing you any favours either. Buyers are paying 98.39% of list price, which means if you price too high, you will sit. With a 22-day average on market and a growth rank near the bottom of Burlington, you need to price sharp and price right from day one. Overpricing and then dropping is the worst move in this market - it signals weakness and buyers will use it against you.
For condo sellers - you have something going for you. Condos in Maple are selling fast - 12 days on average - and you are in one of the priciest condo pockets in Burlington. But the 5.02% drop in HonestDoor Price is a warning sign. The window to capture strong value may be tightening. If you are serious about selling this summer, sooner is likely better than later while demand is still holding.
For both - check your HonestDoor Price before you do anything else. It is the most honest starting point we have got right now, and in a market that is quietly shifting, knowing your real number is the only way to make a smart move.
maple | burlington | july 2026This 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.