The Burlington MLS® current stats show an average house price of $1.4 Million and 338 new listings in the last 28 days. Current Burlington housing data indicates median days on the market for a home is 15 days.
1. Listings on the Market:
There are presently 385 houses available in Burlington, giving buyers and investors a wide range of options.
Burlington real estate market offers 88 townhome homes to individuals seeking a convenient and pleasant place to live.
There are 171 condo properties in Burlington for individuals looking for small, low-maintenance living.
2. Average Listing Price in the Last Month:
The attraction of Burlington’s residential properties is shown by the average listing price for residences in the past month, which is $1.6 million.
Over the same time period, the average listing price for townhomes in Burlington was $878.5K.
With an average listing price of $720.3K during the past month, condos are a cost-effective home choice in Burlington.
3. Change in Average Listing Price:
The average listing price for properties has not changed in the market during the past month, indicating a healthy and stable market.
Additionally, there has been no change in the average listing price for townhomes during the last month.
Over the past month, the average listing price for condos has climbed by 2.02%.
4. Average SOLD Price in the Last Month:
Homes in Burlington have sold for an average of $1.5 million over the past month, showing a healthy and rising real estate market.
Over the same time period, townhomes sold on average for $888.6K, an increase of 6.98%.
Over the past month, condos in Burlington have sold for an average price of $692.5K, a significant 10.06% rise.
5. Change in Average SOLD Price:
The huge 5.44% rise in the average sales price for houses shows that the Burlington real estate market is seeing strong demand and property value growth.
The average sales price of townhomes has increased by a robust 6.98%, making it a desirable alternative for purchasers.
Burlington’s condo market has experienced significant expansion, as evidenced by a 10.06% increase in the average sold price.
Inventory & SOLD Statistics
Burlington’s housing market has been busy in the previous 30 days, with 831 new listings and 262 house sales. Homes spent an average of 15 days on the market, and the selling-to-listing price ratio was 100.17%, demonstrating competition.
In the past 30 days, 115 townhomes have been sold and 268 new listings for townhomes have been made. Townhomes spent an average of 15 days on the market, and their efficiency and competitiveness were highlighted by a selling-to-listing price ratio of 100.52%.
In the past 30 days, 103 condominiums have sold and 289 new condo properties have been added. Condominiums stayed on the market for an average of 26 days, and the selling-to-listing price ratio was 99.74%, which indicates market stability.
