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Jul
17

Burlington Days On Market Grows as Demand Declines

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

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Burlington Transactions - JUNE 2018

NeighbourhoodTotal TransactionsAvg Sales Price ($)Avg Days on Market
Aldershot South8$730,12529
Alton Central3$754,00048
Alton West2$924,75039
Brant Hills15$628,10022
Central13$909,23127
Dynes10$669,50023
Elizabeth Gardens10$709,89031
Headon Forest11$716,62726
Longmoor10$610,50034
Maple8$916,57530
Millcroft11$827,60528
Mountainside11$611,81831
Orchard17$741,32418
Palmer6$633,50018
Pinedale10$713,21016
Roseland5$1,130,18059
Shoreacres4$1,663,75016
Tansley3$694,33339