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    Orchard, Burlington - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Burlington, Orchard

    Orchard, Burlington: Your House Is Holding Strong, But the Condo Market Just Woke Up

    The Vibe Right Now

    If you live in Orchard and you have been quietly wondering what your place is actually worth, this is your update. The short version: houses are steady and competitive, and condos are on the move in a big way. Let's break it down.

    Houses - Steady, Competitive, and Still a Seller's Game

    Houses in Orchard are not flashy right now, but they are solid. The average sale price sits at $1,280,000, and homes are selling at 100.39% of list price. That means buyers are paying above asking. That is not a soft market - that is a market where sellers still have the upper hand.

    • Average sale price: $1,280,000
    • Average list price this month: $1,275,000
    • Price per square foot: $624
    • Average days on market: 15
    • Sale-to-list ratio: 100.39% - buyers are paying over ask
    • Predicted market value: $1,241,887 - up from the 3-month average of $1,225,286
    • Estimated monthly rent: $4,869 with a rental yield of 4.34%

    Fifteen days on market is fast. Not frantic, but fast. If your house is priced right, it is not sitting. And with predicted values trending up from the 3-month moving average, the direction of travel is still positive.

    On the neighbourhood leaderboard, Orchard houses rank 3 out of 22 Burlington neighbourhoods for growth. That puts us near the top of the city. For price, we sit at 13 out of 19 - below average - which actually tells a useful story: we are growing faster than most, but we are not the most expensive. That is a good combination for buyers coming in and a reassuring sign for owners already here.

    Condos - The Surprise Story of the Season

    Here is where things get interesting. The average HonestDoor Price for condos in Orchard jumped 9.62% from the previous period to $479,887. That is not a small move. That is the kind of number that makes you want to log in and check your own unit.

    • Average HonestDoor Price: $479,887 - up 9.62%
    • Predicted market value: $532,648 - up from the 3-month average of $524,209
    • Estimated monthly rent: $2,645 with a rental yield of 3.77%
    • Airbnb estimate: $122 per night - ranked 5th in Burlington for Airbnb potential
    • Recent value change: 2.01%

    Condo growth ranks 12 out of 21 Burlington neighbourhoods - right in the middle of the pack. But that 9.62% HonestDoor Price jump is hard to ignore. Values are moving, and the predicted value of $532,648 is already running ahead of the 3-month average. The momentum is real.

    The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

    Here is the thing about your city assessment: it is a snapshot from the past. It does not know that Orchard house values are trending up right now. It does not know that condo prices just moved nearly 10%. It is a static number built on old data.

    The HonestDoor Price is updated in real time. It reflects what is actually happening in the market today - not what was happening when the city last ran its numbers. For houses, we are looking at an average HonestDoor Price of $1,216,998. For condos, $479,887 and climbing. If you are making any decision about your property - selling, refinancing, even just understanding your net worth - the HonestDoor Price is the real-world check you need before you rely on a government figure that could be a year or more out of date.

    The "So What?" - Thinking About Selling This Summer?

    If you own a house in Orchard and you are thinking about listing this summer, the conditions are about as good as you can ask for. Buyers are paying over list price. Homes are moving in 15 days on average. And Orchard sits near the top of Burlington's growth leaderboard. You are not fighting the market - the market is working for you.

    For condo owners, the timing conversation just got more interesting. A 9.62% jump in HonestDoor Price is the kind of move that does not always repeat itself. If you have been on the fence, it is worth at least knowing what your unit is worth right now - not what it was worth six months ago.

    Either way, the first step is the same: check your HonestDoor Price. It takes two minutes and it gives you a current, honest number to anchor any conversation with an agent, a lender, or a buyer. That is the move to make before summer listings start stacking up.

    orchard | burlington | august 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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