The Burlington Homes Team
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Episode 17: First Burlington Market Update of 2016

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SHOW NOTES:

Average Home Price – 1:15 minute mark

  • The average home price in January 2016 was $627,749
  • The market was very top heavy with higher price home in January

How Many Homes Sold? – 1:55 minute mark

  • Only 125 homes sold in January 2016. Is is below what we’ve seen over that past few years.

Interesting Statistics – 2:15 minute mark

  • Lowest price home sold for $158,000
  • Highest priced home was $3,450,000
  • 9 homes solve above the $1,000,000 price point
  • Many homes sold in the $600,000 to $900,000 price range bringing the average up in January

Median Price in Burlington – 4:35 minute mark

  • The median price in January was $555,000. That’s good news.

What does the future hold?  – 5:30 minute mark

  • We are expecting another strong year in real estate in 2016
  • We see the market already picking up in February in terms on number of home sales. It’s at 88 from Feb 1st to 15th 2016
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What Did Your Neighbours Home Sell For?

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BURLINGTON HOME PRICES ARE ON THE RISE!

Get A Full Report on Your Neighbourhood

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Free Report On Your
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About the Author Sebastian Malinowski