December 2020 Street Burlington Real Estate Market Report //
Prices //
- The average price of a home in Burlington was $852,450 in December 2020.
- This figure was up by approx 7% from Nov. 2020.
- The average price increased from last year by approx 22% (Dec. 2019).
- Detached homes saw the largest increase from last year by 35% respectively.
Sales Activity //
- Sales activity was down from last month by approx 40%.
- With 164 sales, volume increased from last year (Dec. 2019) by approx 59%.
- Detached homes and Townhomes saw the largest upswing in activity.
Market //
- There is currently less than 1 month of supply on the market with Semis and Condos seeing the lowest amount of inventory.
- Homes are selling for Full Asking Price on average.
Analysis //
- Prices and sales activity continues to set record highs in Burlington.