Burlington October Market Update

By: Ross Bridges

Burlington October Market Update

Tags: moving east to west, homes for sale, homes in burlington, live you best life, realtors you can trust, bridging the gap, stats, October, realestate numbers, real estate stats

 

Burlington Real estate market | Ross bridges Team 


The investment in your Burlington property is growing!  The average sale price continues to rise and is up 12% compared to this time last year.  The average sale price for Burlington in October is $917,013.   The number of properties sold during last month was up 4% from September, and up 81% compared to this time last year! 

The number of new listings coming onto the market remains higher then previous years but slightly down from last month. Average days on market of 15,  is at it's lowest since June 2017! 

What does this mean for you?  Average prices are not only dependent upon the type of home (see chart below) but also location within Burlington.   Looking to get sold?  Arrange a free, one on one session with the Ross Bridges Team today!  Contact us now, click here.








Chart from Toronto Regional Real Estate Board (TRREB).  Home Price Index - showing the price gorwth over the past decade