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 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
|Average Sale Price||$862,960||$692,680||24.6%|
Sorry we are experiencing system issues. Please try again.
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.
Subscribe to our Monthly Newsletter which includes:
- Neighbourhood market reports
- Community events
- Tips and giveaways