Burlington Business CorridorHousing market

Burlington Business Corridor

Burlington Business Corridor Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

Months of inventory (MOI)*

MOI 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 MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

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*

1 active

New

1(- YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 0, in 2023: -, in 2022: -

Total Sold Listings*

- sold

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: 1, in 2023: -, in 2022: -

*Data is for the month of March

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

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

Sold Price Distribution - Burlington Business Corridor - All types

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

Property Type Distribution - Burlington Business Corridor - All types

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

Median Price - Burlington Business Corridor - All types

Just sold - Burlington Business Corridor

rahb/IMG-H4185127_1.jpg

Sold 360 days ago

Sold for $675,000

5001 CORPORATE Dr #603, Burlington

Condo22976 sq ft

Listed by Realty ONE Group Flagship

trreb/IMG-W6759280_1.jpg

Sold 1 year ago

Sold for $489,000

5220 Dundas St #318, Burlington

Condo11500-599 sq ft

Listed by COLDWELL BANKER THE REAL ESTATE CENTRE

itso/IMG-40484307_1.jpg

Sold 1 year ago

Sold for $850,000

$10K below asking

4386 Fairview St, Burlington

Townhouse34+11289 sq ft

Listed by RE/MAX Real Estate Centre Inc, Brokerage

Population and Demographics

Overview

Total population 9417

Average household income $140,178

Age (%)

35 to 49

22%

0 to 19

22%

65 and plus

20%

20 to 34

18%

50 to 64

18%

Household composition (%)

Single family

68%

Single person

29%

Multi person

2%

Multi family

0%

Mother tongue (%)

English

81%

Others

4%

Spanish

2%

Arabic

2%

Portuguese

2%

Polish

1%

Mandarin

1%

French

1%

House tenancy (%)

Owners

82%

Renters

18%

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

Some 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

3/5

Some restaurants within walking distance