Burlington Days On Market Grows as Demand Declines
June Market Highlights
- June volume of 183 units was down by 30.9% versus last year
- Year-to-date volume (Jan thru June) down by 36.4% versus last year
- Days on market has increased to 32 days from just 17 days last year
- Rising interest rates and more restrictive mortgage requirements key factors dampening volume
Related: Monthly Neighbourhood Market Reports
WHAT’S YOUR BUrlington HOME WORTH? GET A FREE MARKET EVALUATION OF YOUR HOME.
Burlington Transactions - JUNE 2018
| Neighbourhood | Total Transactions | Avg Sales Price ($) | Avg Days on Market |
|---|---|---|---|
| Aldershot South | 8 | $730,125 | 29 |
| Alton Central | 3 | $754,000 | 48 |
| Alton West | 2 | $924,750 | 39 |
| Brant Hills | 15 | $628,100 | 22 |
| Central | 13 | $909,231 | 27 |
| Dynes | 10 | $669,500 | 23 |
| Elizabeth Gardens | 10 | $709,890 | 31 |
| Headon Forest | 11 | $716,627 | 26 |
| Longmoor | 10 | $610,500 | 34 |
| Maple | 8 | $916,575 | 30 |
| Millcroft | 11 | $827,605 | 28 |
| Mountainside | 11 | $611,818 | 31 |
| Orchard | 17 | $741,324 | 18 |
| Palmer | 6 | $633,500 | 18 |
| Pinedale | 10 | $713,210 | 16 |
| Roseland | 5 | $1,130,180 | 59 |
| Shoreacres | 4 | $1,663,750 | 16 |
| Tansley | 3 | $694,333 | 39 |
