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Jun
15

Burlington Market Declining at a Slower Rate

Burlington Market Declining at a Slower Rate

May Market Highlights
  • May volume was down by 24.6% versus last year
  • However, the annual rate of decline was less than February, March or April, when sales were down by more than 35%
  • Supply of homes available for sale continues to be an issue, with new listings down by 25.3% versus last year
  • Average price decline of 7.5% for the month has brought the year-to-date (January thru May) price decline down to 7.4%

Related: Monthly Neighbourhood Market Reports

WHAT’S YOUR BUrlington HOME WORTH? GET A FREE MARKET EVALUATION OF YOUR HOME.

Burlington Transactions - MAY 2018

NeighbourhoodTotal TransactionsAvg Sales Price ($)Avg Days on Market
Aldershot South9$912,98928
Alton Central5$813,80033
Alton West10$901,55027
Brant Hills17$620,64722
Central21$950,09232
Dynes7$872,70026
Elizabeth Gardens6$815,00014
Headon Forest11$737,26429
Longmoor8$644,67522
Maple10$750,55023
Millcroft15$1,041,76723
Mountainside5$593,65914
Orchard10$728,59024
Palmer9$609,30030
Pinedale10$721,35019
Roseland10$1,173,30033
Shoreacres6$1,431,25030
Tansley3$542,26730