Burlington Home Prices

Monday May 03rd, 2021

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Burlington Home Prices May 2021

 

In April we saw a slight cooldown in the GTA Real Estate Market. But did the Burlington market rebound in May 2021?

 

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Below you will find key statistics such as Number of Solds, Average Sold Price and Average Days on Market.  Burlington features many types of properties, such as DetachedSemi Detached, Townhouses, Condo Apartments and Condo Townhouses - the statistics have been categorized accordingly.

 

Detached Homes:

May 2021:

Number of Solds: 154 

Average Sold Price: $1393754

Average Days on Market: 9 

 

Number of Solds:

A total of 154 Detached Homes were sold in Burlington during May 2021. This is a decrease of 37 from the previous month. Compared to May 2020, it's an increase of 54.

Average Sold Price:

The average sold price in May 2021 was $1,393,754. This is a decrease of $6,827 or 0.5% from the previous month. Compared to May 2020, it's an increase of $275,934 or 24.7%.

Average Days on Market:

It took a total of 9 days on market to sell in May 2021. This is a decrease of 1 from the previous month. Compared to May 2020, it's a decrease of 28.

 

Semi Detached Homes:

May 2021:

Number of Solds: 21 

Average Sold Price: $928957

Average Days on Market: 5 

 

Number of Solds:

A total of 21 Semi Detached Homes were sold in Burlington during May 2021. This is an increase of 4 from the previous month. Compared to May 2020, it's an increase of 18.

Average Sold Price:

The average sold price in May 2021 was $928,957. This is an increase of $5,773 or 0.6% from the previous month. Compared to May 2020, it's an increase of $151,957 or 19.6%.

Average Days on Market:

It took a total of 5 days on market to sell in May 2021. This is a decrease of 4 from the previous month. Compared to May 2020, it's a decrease of 11.

 

Townhouses:

May 2021:

Number of Solds: 39 

Average Sold Price: $867799

Average Days on Market: 9 

 

Number of Solds:

A total of 39 Townhouses were sold in Burlington during May 2021. This is an increase of 3 from the previous month. Compared to May 2020, it's an increase of 22.

Average Sold Price:

The average sold price in May 2021 was $867,799. This is a decrease of $7,523 or 0.9% from the previous month. Compared to May 2020, it's an increase of $166,387 or 23.7%.

Average Days on Market:

It took a total of 9 days on market to sell in May 2021. This is an increase of 2 from the previous month. Compared to May 2020, it's a decrease of 9.

 

Condo Townhouses:

May 2021:

Number of Solds: 57 

Average Sold Price: $745770

Average Days on Market: 9 

 

Number of Solds:

A total of 57 Condo Townhouses were sold in Burlington during May 2021. This is a decrease of 1 from the previous month. Compared to May 2020, it's an increase of 30.

Average Sold Price:

The average sold price in May 2021 was $745,770. This is an increase of $5,342 or 0.7% from the previous month. Compared to May 2020, it's an increase of $162,389 or 27.8%.

Average Days on Market:

It took a total of 9 days on market to sell in May 2021. This is the exact same as the previous month. Compared to May 2020, it's a decrease of 11.

 

Condo Apartments:

May 2021:

Number of Solds: 70 

Average Sold Price: $577683

Average Days on Market: 13 

 

Number of Solds:

A total of 70 Condo Apartments were sold in Burlington during May 2021. This is a decrease of 4 from the previous month. Compared to May 2020, it's an increase of 44.

Average Sold Price:

The average sold price in May 2021 was $577,683. This is a decrease of $13,995 or 2.4% from the previous month. Compared to May 2020, it's an increase of $84,670 or 17.2%.

Average Days on Market:

It took a total of 13 days on market to sell in May 2021. This is a decrease of 1 from the previous month. Compared to May 2020, it's a decrease of 9.

 

Overall:

May 2021:

Number of Solds: 350 

Average Sold Price: $1021320

Average Days on Market: 10 

 

Number of Solds:

A total of 350 Overall were sold in Burlington during May 2021. This is a decrease of 43 from the previous month. Compared to May 2020, it's an increase of 172.

Average Sold Price:

The average sold price in May 2021 was $1,021,320. This is a decrease of $34,009 or 3.2% from the previous month. Compared to May 2020, it's an increase of $133,729 or 15.1%.

Average Days on Market:

It took a total of 10 days on market to sell in May 2021. This is a decrease of 1 from the previous month. Compared to May 2020, it's a decrease of 21.

 

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