The New Street March 2021 Burlington Real Estate Report //
Prices //
- The average price of a home in Burlington was $965,500 in March 2021.
- This figure was up by approx 4% from last month (Feb. 2021).
- The average price increased from last year by approx. 26% ( Mar. 2020).
- Detached and Towns saw the largest increase from last year (Mar. 2020) at 30% and 19% respectively.
Sales Activity //
- With 458 sales, volume increased from last month (Feb. 2021) by approx. 46%.
- Sales activity was up from last year (Mar. 2020) by approx. 63%.
- Towns and Detached saw the largest spike in activity, up by approx 92% and 71% respectively.
Market //
- There is currently 0.5 month of supply on the market on average.
- Homes are selling for 108% of their listing price on average.
Analysis //
- Prices and sales activity continues to set record highs in Burlington.