The Dundas real estate market recorded 28 residential sales in October 2026, an increase of approximately 16.7% compared with October 2025. At the same time, the number of available homes declined across both freehold and condominium properties, while months of inventory fell below three in both categories.

But perhaps the most interesting development was what happened to sale prices.

The average freehold sale price declined by 10.4% year over year, while the median freehold sale price actually increased by 3.9%.

Those two statistics tell different stories, and understanding why is important for anyone considering buying or selling a home in Dundas.

Dundas Real Estate Market at a Glance: October 2026

According to MLS® statistics from ITSO Matrix for Dundas (Area 41), October’s residential market recorded the following results:

The statistics suggest that Dundas continues to attract buyers across different housing types and price points. However, the market is not behaving uniformly.

Freehold homes accounted for approximately 71% of October’s residential sales, while condominiums represented the remaining 29%.

For homeowners, the distinction matters. A detached century home near downtown Dundas, a modern freehold residence in Pleasant Valley and a condominium townhome may all be located within the same community, but they appeal to different purchasers and face different competitive conditions.

Understanding the broader market is useful. Understanding the market for your particular property is considerably more valuable.

Dundas Home Sales Increased in October 2026

A total of 28 residential properties sold in Dundas during October 2026, compared with 24 during the same month last year.

That represents a 16.7% year-over-year increase in transaction activity.

The increase, however, came entirely from the condominium segment.

Freehold Sales Remained Steady

Twenty freehold residential properties sold in October 2026, matching the 20 sales recorded in October 2025.

Although year-over-year activity was unchanged, October represented an improvement over the slower late-summer period.

Freehold sales had declined to nine transactions in August and recovered to 12 in September before increasing to 20 in October.

That recovery is worth watching, particularly given the decline in available inventory.

However, one stronger month does not necessarily establish a sustained trend. Dundas is a relatively small real estate market, and monthly transaction totals can fluctuate considerably.

Condominium Sales Doubled

Eight condominium properties sold in October, compared with four during October 2025.

While that represents a 100% year-over-year increase, the relatively small number of transactions is an important context.

An increase of four sales can produce a dramatic percentage change without necessarily indicating a fundamental shift in demand.

Nevertheless, October’s eight condominium transactions represented the highest monthly sales total recorded in the supplied 2026 statistics.

For condominium owners considering selling, this improvement in activity is encouraging, although pricing and competition remain important considerations.

Dundas Freehold Home Prices: Why the Average Fell While the Median Increased

One of the most revealing developments in the October statistics was the difference between average and median freehold sale prices.

The average freehold sale price declined from $1,307,821 in October 2025 to $1,171,875 in October 2026.

That’s a decrease of approximately $135,946, or 10.4%.

At first glance, someone might interpret that as evidence that Dundas homes have lost more than 10% of their value over the past year.

But the median sale price tells a different story.

The median freehold sale price increased from $1,064,750 in October 2025 to $1,106,000 in October 2026, representing an increase of approximately 3.9%.

How can the average decline while the median increases?

The answer may lie in the types of properties that happened to sell.

Understanding Average Versus Median Sale Prices

The average sale price is calculated by adding together the prices of all properties sold and dividing that total by the number of transactions.

The median represents the middle sale price when transactions are arranged from lowest to highest.

The distinction becomes particularly important in a community like Dundas, where housing options range from smaller historic homes and modest bungalows to substantial custom residences, country properties and luxury estates.

A handful of higher-priced transactions can have a considerable influence on the monthly average.

If October 2025 included more expensive properties than October 2026, that difference in the composition of sales could help explain why the average declined.

The median, meanwhile, is less sensitive to unusually high or low individual transactions.

The fact that the median increased while the average declined suggests that the mix of properties sold deserves closer examination.

It does not establish that individual homes appreciated by 3.9%, just as the decline in the average does not establish that comparable properties depreciated by 10.4%.

Luke O’Reilly’s perspective:

‘One of the biggest mistakes homeowners can make is assuming that a change in the average sale price represents an equivalent change in their property’s value. In a smaller market like Dundas, the types of homes that sell in a particular month can have a significant influence on the statistics. You really need to examine comparable properties before drawing conclusions.’

For anyone considering selling, this reinforces the importance of a property-specific market evaluation rather than relying on community-wide averages.

Dundas Condominium Prices Also Declined Year Over Year

The condominium market experienced a more consistent decline across both average and median sale prices.

The average condominium sale price decreased from $680,438 in October 2025 to $648,750 in October 2026, a decline of approximately 4.7%.

The median condominium sale price declined from $655,000 to $594,000, representing a decrease of approximately 9.3%.

Unlike the freehold market, both pricing measures moved lower.

However, condominium sales increased from four to eight transactions over the same period.

This combination suggests that buyers were active, but the prices of properties changing hands were generally lower than those recorded a year earlier.

Once again, the composition of sales matters.

Condominiums in Dundas include different property styles, sizes, ages and ownership costs. A smaller apartment-style condominium and a spacious condominium townhome may serve entirely different segments of the market.

With only eight transactions recorded in October, individual sales can materially influence the monthly statistics.

For sellers, the practical lesson is to examine recent comparable sales within the same property category, and ideally within the same condominium development where sufficient data exists.

Dundas Housing Inventory Tightened Across Both Markets

One of October’s more meaningful developments was the decline in available inventory.

Despite the differences in pricing and sales activity, both freehold and condominium properties experienced reductions in active listings compared with October 2025.

Freehold Inventory Declined Approximately 19%

There were 47 active freehold listings in Dundas during October 2026, compared with 58 in October 2025.

That’s a year-over-year decline of approximately 19%.

The reduction is also significant when compared with the summer market.

Freehold inventory reached 51 active listings in July before declining to 50 in August, 53 in September and 47 in October.

Although the changes were not consistent from month to month, October finished with fewer available freehold properties than the same period a year earlier.

For buyers, reduced inventory can mean fewer suitable options, particularly when searching for a specific property type, neighbourhood or price range.

For sellers, fewer competing listings can be beneficial, provided their property is appropriately priced and presented.

Condominium Inventory Also Declined

Dundas recorded 21 active condominium listings in October 2026, compared with 24 in October 2025.

That’s a decline of 12.5%.

Condominium inventory had reached 34 active listings in June before declining during the following months.

With eight condominium sales recorded in October, the market experienced stronger transaction activity alongside a reduced number of available listings.

These conditions are worth monitoring as Dundas moves into the final months of the year.

Months of Inventory: What Does 2.4 Months Mean for Dundas?

Months of inventory measures the relationship between available listings and the pace of sales.

In practical terms, it estimates how long the current supply of homes would last at the prevailing sales rate if no additional properties were listed.

For October 2026, Dundas recorded:

• 2.4 months of inventory for freehold homes, down from 2.9 months in October 2025.
• 2.6 months of inventory for condominiums, down from 6.0 months in October 2025.

Both categories experienced tighter supply relative to sales activity.

The change in the condominium market was particularly substantial, although the smaller number of monthly transactions makes that measure more volatile.

Lower months of inventory can indicate greater competition for available properties. However, it does not automatically mean that every home will sell quickly or attract multiple offers.

The balance between supply and demand can vary significantly by price range, condition, location and property type.

A well-maintained home with broad buyer appeal may experience considerably different market conditions than a property requiring extensive renovations or one priced above comparable alternatives.

The months-of-inventory statistic is a useful starting point, but it should not be treated as a substitute for examining the competition a particular property will face.

Other related blogs:

• Dundas Real Estate Market Update – September 2026
• Living in Dundas, Ontario: Homes, Walkability and Small-Town Character
• What Are the Best Condos in Dundas When Downsizing?

How Long Does It Take to Sell a Home in Dundas?

October’s statistics provide another interesting comparison between freehold and condominium properties.

Freehold Homes Sold in an Average of 26 Days

The average time required to sell a freehold home in Dundas was 26 days in October 2026, compared with 20 days in October 2025.

That’s an increase of six days.

However, the median time to sell was just 15 days, compared with 12 days a year earlier.

The difference between the average and median suggests that some properties required considerably more time to sell than others.

It also reinforces why homeowners should be cautious about assuming their property will sell within a particular timeframe.

Condominiums Sold More Quickly Than a Year Earlier

The condominium market recorded an average selling time of 32 days in October 2026, down from 44 days in October 2025.

The median selling time declined from 27 days to 23 days.

These results suggest that condominium properties sold more quickly during October than they did during the same month last year.

But there is another distinction worth understanding.

The supplied statistics also track cumulative days on market, which can account for additional listing exposure when a property has been relisted.

For Dundas condominiums, average cumulative days on market was 54 days in October, compared with 64 days a year earlier.

That difference highlights why days-on-market statistics should be interpreted carefully.

A property’s most recent listing period may not tell the entire story of how long it has been available to purchasers.

What Does the October 2026 Dundas Market Mean for Home Sellers?

For homeowners considering selling in Dundas, October’s statistics present a combination of opportunities and considerations.

Inventory has tightened, transaction activity improved, and both freehold and condominium markets recorded fewer than three months of inventory.

Those conditions may work in a seller’s favour.

However, the decline in average sale prices and the differences in marketing times demonstrate that buyers remain selective.

The most important question isn’t simply whether Dundas is a buyer’s or seller’s market.

It’s how your particular property compares with the alternatives buyers are considering.

Pricing Remains a Property-Specific Decision

Dundas has an unusually diverse collection of residential properties.

A century home near the historic downtown, a bungalow on a mature lot, a newer family residence and a rural estate can all appeal to different groups of purchasers.

Each requires its own pricing analysis.

When preparing a home for sale, I consider several factors beyond the broader market statistics:

• Recent sales of genuinely comparable properties.
• The number and quality of competing listings.
• Property condition, improvements and anticipated buyer concerns.
• Location, lot characteristics and architectural style.
• The likely buyer profile and current demand within that price segment.
• The seller’s timing, priorities and tolerance for market uncertainty.

An effective pricing strategy should reflect the evidence available at the time of listing.

It should also include a plan for monitoring buyer feedback and adjusting the approach when market conditions warrant it.

What Does the Dundas Market Mean for Buyers?

For buyers considering Dundas, October’s figures suggest that opportunities remain, but the amount of available inventory has declined.

The freehold market recorded 20 sales, with a median selling time of just 15 days.

That means some properties were selling relatively quickly, even though the average selling time was longer.

Buyers should be prepared to act when an appropriate property becomes available, without allowing urgency to replace proper due diligence.

For older Dundas homes in particular, understanding the condition of the property can be just as important as negotiating the purchase price.

Buying an Older Home in Dundas Requires Additional Consideration

Dundas is known for its historic architecture, mature neighbourhoods and distinctive residential properties.

Those characteristics are part of the community’s appeal, but they can also introduce considerations that aren’t always present in newer subdivisions.

Depending on the property, buyers may need to investigate:

• Foundation condition, moisture intrusion and drainage.
• The age and condition of electrical, plumbing and heating systems.
• Previous renovations and whether appropriate permits were obtained.
• Heritage designation and any restrictions that may apply to future alterations.
• Local floodplain considerations, nearby creeks and potential conservation authority requirements.
• Anticipated maintenance and improvement costs.

These considerations shouldn’t discourage buyers from purchasing an older home.

They should encourage a more informed evaluation.

A home with character and history can be an exceptional long-term purchase, provided the buyer understands both its appeal and its responsibilities.

Why Dundas Continues to Appeal to Homebuyers

Market statistics are useful for understanding transaction activity, but they don’t fully explain why people choose to live in a particular community.

Dundas has qualities that are difficult to capture in a spreadsheet.

Its historic downtown, independent businesses, established residential streets and proximity to conservation areas contribute to a distinctive lifestyle within the greater Hamilton region.

For some buyers, the attraction is being able to walk downtown for coffee, visit local shops and regularly encounter familiar faces.

For others, it’s the opportunity to own a historic property, enjoy mature surroundings or live close to trails and natural areas.

The community also offers a range of housing options, from condominium apartments and townhomes to established freehold residences and rural properties on the outskirts of town.

That variety attracts buyers with different budgets, priorities and stages of life.

But buyers should also consider how a property’s location affects their daily routine.

Someone living within walking distance of downtown Dundas may have a very different experience from someone purchasing a rural property outside the urban area.

Neither lifestyle is necessarily better. The right choice depends on what the purchaser values most.

Dundas Real Estate Outlook: What Should We Watch Heading Into the End of 2026?

October’s statistics provide several indicators worth monitoring through November and December.

The first is whether freehold sales activity can maintain its October improvement following the slower August and September periods.

The second is whether active inventory continues to decline, particularly as the market enters a season when new listing activity often changes.

The third is whether condominium sales activity remains elevated or returns closer to the levels recorded earlier in the year.

And perhaps most importantly, it will be worth watching how average and median sale prices develop over several months rather than relying on one month’s results.

A single monthly report can identify changes in market activity. Establishing a meaningful longer-term trend requires more evidence.

Economic conditions, borrowing costs, consumer confidence and the availability of suitable properties can all influence future activity.

Predicting exactly how those factors will develop is not possible.

What buyers and sellers can do is make informed decisions using current market evidence, their personal circumstances and a realistic understanding of the risks involved.

Frequently Asked Questions About the Dundas Real Estate Market

What was the average home price in Dundas in October 2026?

The average freehold residential sale price in Dundas was $1,171,875 in October 2026. The average condominium sale price was $648,750. These figures represent different ownership categories and should not be interpreted as the value of an individual property.

Are Dundas home prices increasing or decreasing?

The October 2026 statistics show mixed results. The average freehold sale price declined 10.4% year over year, while the median freehold sale price increased approximately 3.9%. Both the average and median condominium sale prices declined. Changes in the mix of properties sold can influence these figures, so they do not establish how much comparable individual homes have appreciated or depreciated.

How many homes sold in Dundas in October 2026?

Twenty freehold residential properties and eight condominium properties sold in Dundas during October 2026, for a combined total of 28 sales. This compares with 24 sales in October 2025.

Is Dundas a buyer’s or seller’s market?

Dundas recorded 2.4 months of freehold inventory and 2.6 months of condominium inventory in October 2026. Both measures indicate relatively limited supply at the month’s sales pace. However, negotiating conditions vary by property type, price range, location and condition.

How long does it take to sell a house in Dundas?

Freehold residential properties took an average of 26 days to sell in October 2026, with a median of 15 days. Condominiums took an average of 32 days, with a median of 23 days. Actual selling times depend on individual property characteristics and market conditions.

Is now a good time to buy a home in Dundas?

Whether it’s a good time to buy depends on affordability, financing, the buyer’s intended ownership period and the suitability of available properties. October’s figures show reduced inventory but also meaningful differences in pricing and selling times. A property-specific analysis is more useful than trying to predict the perfect time to enter the market.

How much is my Dundas home worth in today’s market?

A reliable estimate requires examining recent comparable sales, current competition, property condition, location, lot characteristics and improvements. Community-wide averages can provide context, but they cannot establish the market value of a particular home.

Thinking About Buying or Selling in Dundas?

The October 2026 market reminds us why local real estate statistics need interpretation.

Sales increased, inventory tightened, and the freehold and condominium markets experienced different pricing patterns.

For sellers, those differences can influence pricing, preparation and timing.

For buyers, they can affect property selection, negotiation strategy and the importance of understanding individual property characteristics.

If you’re considering buying or selling a home in Dundas, The O’Reilly Group can help you evaluate the market conditions relevant to your particular situation.

Contact Luke O’Reilly and The O’Reilly Group at Royal LePage State Realty for a personalized market evaluation or a conversation about your real estate plans.

Luke O’Reilly is the Founder & Real Estate Broker of The O’Reilly Group at Royal LePage State Realty. With more than 16 years of experience serving Hamilton, Ancaster, Dundas, Burlington and surrounding communities, The O’Reilly Group are recipients of Royal LePage’s National Chairman’s Club recognition, placing them among the company’s top 1% of REALTORS® nationally for 2025.

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