BurlingtonHousing market

Burlington

Burlington Housing Market Report

Balanced Market

All types - for the month of February

Buyer's market Seller's market

4

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of 0-3 months indicates a seller's market, where homes are selling quickly and there are more buyers than available homes.

40

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

653 active

New

412(+8.99% YoY)

Relisted

16(+33.33% YoY)

Compared to number of active, same period, in 2024: 359, in 2023: 137, in 2022: 81

Total Sold Listings*

152 sold

Median Sold Price

$984,000

Avg Days on Market

40 days

Median Bidding

-$19,900

Compared to number of sold, same period, in 2024: 181, in 2023: 194, in 2022: 316

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Burlington - All types

Sold vs Active vs New vs Relisted - Burlington - All types

Sold Price Distribution - Burlington - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Burlington - All types

Property type distribution based on data from the last 3 months.

Median Price - Burlington - All types

Just listed - Burlington

Unknown for 2093 Fairview St #902, Burlington Ontario L7R 0B4

20 hours on market

Up to6K Cashback

2093 Fairview St #902, Burlington

Condo22800-899 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Unknown for 4005 Kilmer Dr #301, Burlington Ontario L7M 4M2

20 hours on market

Up to5K Cashback

4005 Kilmer Dr #301, Burlington

Condo221000-1199 sq ft

Listed by SUTTON GROUP REALTY SYSTEMS INC.

Open concept kitchen, ceramic/tile floor for 2075 Amherst Heights Dr #305, Burlington Ontario L7P 5B8

20 hours on market

Up to4K Cashback

2075 Amherst Heights Dr #305, Burlington

Condo221200-1399 sq ft

Listed by KELLER WILLIAMS EDGE REALTY

Just sold - Burlington

Unknown for 1417 Halifax Pl, Burlington Ontario L7S 1J7

Sold 20 hours ago

Sold for $2,480,000

$120K below asking

1417 Halifax Pl, Burlington

Detached3+142500-3000 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Home with brick exterior material, street for 626 Deerhurst Dr, Burlington Ontario L7L 5W7

Sold 20 hours ago

Sold for $1,251,000

$153K above asking

626 Deerhurst Dr, Burlington

Detached332000-2500 sq ft

Listed by IPRO REALTY LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1344 Mountain Grove Ave, Burlington Ontario L7P 2H2

Sold 20 hours ago

Sold for $1,265,000

$35K below asking

1344 Mountain Grove Ave, Burlington

Detached62- sq ft

Listed by MICHAEL ST.JEAN REALTY INC., BROKERAGE

Population and Demographics

Overview

Total population 184888

Average household income $157,473

Age (%)

0 to 19

22%

65 and plus

21%

50 to 64

21%

35 to 49

20%

20 to 34

16%

Household composition (%)

Single family

71%

Single person

26%

Multi person

2%

Multi family

0%

Mother tongue (%)

English

85%

Others

6%

Spanish

2%

Arabic

2%

French

1%

Polish

1%

House tenancy (%)

Owners

75%

Renters

25%

Top 5 Schools in Burlington

Pauline Johnson Public School4350 Longmoor Dr, L7L 1X7, Burlington, ON

8.3/10

Public•JK-6

Alton Village Public School3290 Steeplechase Drive, L7M 0W1, Burlington, ON

8.2/10

Public•JK-8

Paul a Fisher Public School2175 Cavendish Dr, L7P 3J8, Burlington, ON

8.2/10

Public•JK-6

École Élémentaire Renaissance1226 Lockhart chemin, L7S 1H1, Burlington, ON

8.2/10

Public•JK-6

Canadian Martyrs Catholic Elementary School3201 Lansdown Dr, L7M 1K1, Burlington, ON

8/10

Public•JK-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance