Burlington

established 1873

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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.

summary
summary

Market update

Burlington experienced a 34% year-over-year increase in home sales in February 2020. New listings were up year-over-year by 8.2%. Average sale price is up 24.6%. The Sales to New Listings Ratio (SNLR) is up 8.9% at 66.5%. SNLR at 55% or more indicates a seller’s market: there are more buyers than properties for sale.

This points to the ongoing housing supply issue in the GTA and suggests that market conditions continued to tighten which points toward an accelerating rate of price growth.

NOTE: includes all home types

february 2020
February 2020

Year-Over-Year Summary

2020 2019 % Change
Sales 203 151 34.4%
New Listings 290 268 8.2%
Active Listings 267 364 -26.6%
Average Sale Price $862,960 $692,680 24.6%
SNLR 66.5% 57.6% 8.9%
listings
listings

Area listings


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