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Jan
11

Burlington Market Records Slight Price Decline in 2018

Burlington Market Records Slight Price Decline in 2018

December Market Highlights
  • Burlington market posted a slight 2.0% price decline in 2018, with an average price of $745,920
  • This compares favourably to most major markets across Canada (for example, the GTA recorded a 4.3% price decline in 2018)
  • Sales volume, however, was down by 21.6% to 2,043 units (in line with several major markets across the country)
  • Higher borrowing costs and the new mortgage stress test prompted many households to delay their buying intentions in 2018

Related: Monthly Neighbourhood Market Reports

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

Burlington Transactions - DEC 2018

NeighbourhoodTotal TransactionsAvg Sales Price ($)Avg Days on Market
Aldershot South8$818,17957
Alton Central---
Alton West2$1,052,50020
Brant Hills3$722,40020
Central4$714,75067
Dynes2$791,25044
Elizabeth Gardens5$663,21929
Headon Forest1$687,00018
Longmoor3$612,80014
Maple4$778,50056
Millcroft5$860,58032
Mountainside3$560,95033
Orchard3$782,00012
Palmer3$695,00050
Pinedale2$817,68452
Roseland4$1,648,72542
Shoreacres6$993,50024
Tansley2$695,00014