Burlington

established 1873

discover
DISCOVER

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.

burlington
burlington

September 2020 Summary

The Toronto Regional Real Estate Board reported the following for the GTA for the month of September 2020:

  • The AVERAGE SALE PRICE in September 2020 was up by 14% year over year
  • The NUMBER of SALES was up by 42.3% compared to September 2019

Three take-aways:

  1. Year-over-year sales growth in September continued to be driven by ground-oriented market segments, including detached and semi-detached houses and townhouses.
  2. The relatively better supplied condominium apartment segment experienced a comparatively slower pace of price growth.
  3. Annual growth rates were also higher for sales reported in the GTA regions surrounding the City of Toronto.

To help decipher the data in the adjacent table (including data for detached only), when the Sales to New Listings Ratio (SNLR) is:

  • 55% or more = SELLER’S MARKET = more buyers than properties for sale
  • Between 36% and 54% = BALANCED MARKET = about the same number of properties for sale as there are buyers
  • 35% or less = BUYER’S MARKET = more properties for sale than there are buyers
market update
market update

Year-Over-Year Summary

2020 2019 % Change
Sales 181 106 70.8%
New Listings 276 224 23.2%
Active Listings 205 299 -31.4%
Average Sale Price $1,173,580 $1,041,529 12.7%
SNLR 65.6% 47.3% 18.3%

 

listings
listings

Area listings


Sorry we are experiencing system issues. Please try again.
schedule
SCHEDULE AN APPOINTMENT

BOOK A CALL

For a complimentary, confidential discussion of your real estate needs, please book a call at a time that is convenient for you, and we will call you.

Book a Call
subscribe
subscribe

Newsletter

Subscribe to our Monthly Newsletter which includes:

  • Neighbourhood market reports
  • Community events
  • Tips and giveaways