February 2025 | Milton Real Estate Market Update
Milton Real Estate Market Update: February 2025 Trends & Insights
The Milton real estate market has undergone significant shifts compared to last year, showing a decline in sales activity but an increase in available inventory. Understanding these key market trends will help buyers and sellers navigate the evolving landscape with confidence.
Home Sales Drop 35% Year-Over-Year
The total number of homes sold in Milton has fallen 35% compared to February 2024, indicating a slowdown in buyer activity.
February 2024: 151 homes sold
February 2025: 97 homes sold
Despite this decrease in sales, new listings have increased by 13%, meaning more inventory is available for buyers.
February 2024: 256 homes listed
February 2025: 291 homes listed
Currently, Milton has approximately three months of inventory, but the impact varies by housing type.
Milton Home Prices: What’s Really Happening?
While average home prices in Milton appear to have dropped 11% year-over-year, this broad statistic can be misleading. Different property types are behaving very differently, making it crucial to analyze each market segment individually.
Average price in February 2024: $1,033,641
Average price in February 2025: $975,939
Let’s break it down by property type.
Townhomes: A Resilient Market
Townhomes have held their value the best, which aligns with Milton’s demographic of young families and buyers prioritizing affordability. In contrast to the overall market decline, townhome prices have actually increased 4.66% year-over-year.
February 2024: 43 sales, average price $902,827
February 2025: 44 sales, average price $944,852
This segment remains highly competitive, with nearly half of all townhomes selling using a “list low and hold offers” strategy. Buyers in this market should be prepared for strong demand and bidding situations.
Semi-Detached Homes: A Flat Market
The semi-detached home market has remained stable, with little change in pricing and a nearly identical number of sales year-over-year.
February 2024: 10 sales, average price $986,000
February 2025: 9 sales, average price $988,222
While inventory has increased, pricing remains consistent, indicating a balanced market with steady supply and demand.
Condo Apartments: More Supply, Fewer Buyers
The condo market has softened, with sales down 57% and inventory climbing significantly. This has given buyers more negotiating power, leading to a modest 4.11% price decline.
February 2024: 21 sales, average price $631,233
February 2025: 9 sales, average price $605,278
With more condos sitting on the market longer, sellers in this segment may need to adjust pricing strategies or offer incentives to attract buyers.
Detached Homes: A Market in Transition
The detached home market has seen the biggest shift, with 55% fewer sales year-over-year. This has caused inventory to surge, creating a buyer’s market where prices have dropped by 14%.
February 2024: 69 sales, average price $1,411,033
February 2025: 31 sales, average price $1,214,048
At 6.97 months of inventory, detached homes now have more supply than demand, giving buyers greater leverage. However, this price drop doesn’t necessarily mean home values are falling—instead, it reflects a shift in sales activity, with fewer high-end transactions occurring.
Key Takeaways for Buyers & Sellers
For Buyers:
Townhomes remain competitive—be ready for strong demand.
Condos and detached homes present opportunities—more inventory means room to negotiate.
Interest rates and affordability concerns are shaping market conditions—understanding pricing strategies is essential.
For Sellers:
Pricing correctly is critical—overpricing can lead to extended time on the market.
Detached homes and condos require strategic positioning—buyers have more choices and negotiating power.
Marketing matters more than ever—highlighting value in a shifting market can make all the difference.
Final Thought: Milton’s Market is Highly Segmented
Milton’s real estate market is no longer moving as one unit—different property types are performing very differently. Whether you’re buying or selling, understanding these trends is essential to making informed decisions.
Stay informed, stay strategic, and keep an eye on how each segment evolves in the coming months.
Looking for Expert Real Estate Insights?
The Milton market is changing—if you need a more personalized strategy for buying or selling, reach out for expert guidance.
Milton’s real estate market is no longer moving as one unit—different property types are performing very differently. Whether you’re buying or selling, understanding these trends is essential to making informed decisions.
Stay informed, stay strategic, and keep an eye on how each segment evolves in the coming months.
The Milton market is changing—if you need a more personalized strategy for buying or selling, reach out for expert guidance.
Contact Us
Ready to take the next step? Contact us today or book a consultation. Stay tuned for more updates, and let’s make your real estate journey a success.