May
15

Burlington Market Doldrums Continue

Burlington Market Doldrums Continue

April Market Highlights
  • April volume down by 34.9% vs last year’s highly robust sales (218 units vs 335 units)
  • Year-to-date (January through April) volume down 41.4% vs last year (622 units vs 1,062 units)
  • April average price also showed weakness, declining by 6.1% vs last year to $734,970
  • Lingering effects of 2017 Fair Housing Plan, new OSFI-mandated stress tests and higher borrowing costs remain key factors

Related: Monthly Neighbourhood Market Reports

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

Burlington Transactions - APR 2018

NeighbourhoodTotal TransactionsAvg Sales Price ($)Avg Days on Market
Aldershot South10$684,99017
Alton Central---
Alton West4$1,066,50025
Brant Hills14$683,11618
Central6$957,43328
Dynes6$575,26443
Elizabeth Gardens13$689,57723
Headon Forest13$742,41519
Longmoor7$691,34318
Maple7$636,50017
Millcroft17$1,191,08820
Mountainside5$512,50032
Orchard6$765,83318
Palmer13$650,99224
Pinedale5$676,75726
Roseland7$1,539,28623
Shoreacres8$1,141,37512
Tansley6$768,83324