Shoreacres, Burlington - July 2026 Real Estate Report

Shoreacres Real Estate Right Now: Strong Land, Mixed Signals

If you live in Shoreacres and you haven't checked your home's actual market value lately, you're probably working off a number that's already out of date. Here's the straight story on what's happening in our corner of Burlington.

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

We're seeing a real split in Shoreacres right now, and it matters depending on what you own.

Houses: The average HonestDoor Price for a house here sits at $2,306,709 - up 0.97% from the previous period. That's steady, not spectacular, but it's holding ground. The predicted market value for houses comes in at $2,284,474. One thing worth flagging: only 1 house sold recently, at an average sale price of $1,520,000, and homes are sitting on the market for an average of 81 days. That's a long time. Buyers are not rushing. Properties are also selling at 95.01% of list price, meaning sellers are giving up roughly 5% at the table. The market for houses is taking a breather.

• Average HonestDoor Price (Houses): $2,306,709
• Recent average sale price: $1,520,000
• Average list price this month: $1,599,900
• Price per square foot: $976
• Average days on market: 81
• Sale-to-list ratio: 95.01%
• Estimated monthly rent: $7,358
• Rental yield: 3.71%
• Airbnb rank in Burlington: 3rd

Condos: This is where we need to be honest with each other. The HonestDoor Price for condos is $502,420, and it has moved up 6.26% in the recent period - which sounds good on paper. But the predicted market value is $472,820, and that number is down 15.85% recently. The 3-month moving average sits at $560,553, which means values have been sliding. Shoreacres condos rank 21st out of 21 neighbourhoods in Burlington for growth. That's last place. If you own a condo here, you need to know that.

• Average HonestDoor Price (Condos): $502,420
• Predicted market value: $472,820
• 3-month moving average: $560,553
• Recent value change: -15.85%
• Estimated monthly rent: $2,548
• Rental yield: 3.89%
• Growth rank in Burlington: 21st out of 21

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

Here's the thing about your city assessment - it's a snapshot from the past. The city isn't walking through your neighbourhood every month checking what's changed. Your tax assessment could be reflecting a market that existed a year or two ago.

The HonestDoor Price is updated in real time. It pulls in actual sales data, current listing activity, and market shifts as they happen. Right now, with house values sitting near $2.3 million and condo values actively moving, the gap between what the city thinks your home is worth and what a buyer would actually pay can be significant.

For house owners in Shoreacres, the HonestDoor Price of $2,306,709 is your real-world check. For condo owners, it's even more critical - a 15.85% recent drop is exactly the kind of move a static government assessment will miss entirely. Knowing your real number protects you from overpricing, underpricing, or making financial decisions based on stale data.

Compared to neighbours, Roseland houses average $2,609,673 and Roseland condos average $767,781 - both higher than Shoreacres. Longmoor and Dynes come in cheaper on both fronts. Shoreacres sits in a premium position for houses, but the condo story is different from the rest of the area.

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

For house sellers, the honest answer is: you can sell, but go in with clear eyes. Homes are sitting for 81 days on average and buyers are negotiating about 5% off list price. That doesn't mean you can't get a strong number - the HonestDoor Price of $2.3 million shows real underlying value here. It means you need to price it right from day one. An overpriced listing in this market just sits, and a listing that sits loses leverage.

On the bright side, houses in Shoreacres rank 4th out of 22 Burlington neighbourhoods for growth rate, and 4th out of 19 for price. That's a strong leaderboard position. This is still a premium address. The Airbnb potential of $365 per night also ranks 3rd in Burlington - useful if you're marketing to buyers who want income flexibility.

For condo sellers, the summer window matters more urgently. Values have dropped 15.85% recently and the growth rank is last in Burlington. Waiting to see if things improve is a gamble. If selling is on your radar, getting a current HonestDoor Price and moving sooner rather than later is the smarter play.

Bottom line - Shoreacres is still a desirable address in Burlington. Houses have real value and a solid neighbourhood ranking. Condos are under pressure. Either way, the worst thing you can do right now is make decisions based on a number that isn't current. Check your HonestDoor Price first.

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.