Burlington
established 1873
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About Burlington
Burlington has the best of both worlds, with the Niagara Escarpment in its backyard and Lake Ontario in its front yard. Residents can enjoy waterfront activities along 5.6 kilometres of parkland on the shore of Lake Ontario, or hiking on 31.6 kilometres of multi-use trails.
Burlington is close to major transportation and to the cities of Hamilton and Toronto and to the U.S. border. It is a prosperous city with a small-town feel that is home to more than 183,000 people.
The city offers world-class urban amenities, including shopping and dining and is home to some of Ontario’s top festivals and events. Attractions include the Royal Botanical Gardens and the Burlington Performing Arts Centre.
market update
market update
Comparative Analysis
| 2021 | Y/Y | M/M | |
|---|---|---|---|
| Sales | 167 | 98.8% | -14.4% |
| New Listings | 218 | 69% | -10.3% |
| Active Listings | 121 | -40.1% | -4% |
| Average Sale Price | $1,401,843 | 26.4% | 0.8% |
| SNLR | 76.6% | 11.5% | -3.6% |
Source: TRREB Market Watch Report – Summary of Existing Home Transactions (Detached)
burlington
burlington
May 2021 Summary
Burlington experienced a 98.8% year-over-year increase in home sales in May 2021. New listings increased by 69% year-over-year. The average sale price was up by 26.4%. The sales to new listings ratio (SNLR) was up 11.5% to 76.6%, indicating a seller’s market. SNLR at 55% or more indicates a seller’s market; there are more buyers than properties for sale. Month-over-month, Burlington experienced a drop in home sales and new listings by 14.4% and 10.3% respectively. The average sales price remained flat at +0.8% versus April 2021.
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listings
Area listings
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