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Burlington Real Estate Market Statistics for March 2019

March 2019 Statistics Provided by RAHB

The 2019 stats are in for March and when we review the numbers we can see that they indicate to us how the market is performing. And it also indicates that we are heading into a strong spring market. Please review the charts and stats below for more information about the Burlington March 2019 stats.

Residential Market Activity
Residential Market Activity
Residential Market Activity

In March 2019, Burlington saw an increase in the number of sales as indicated in the above chart, Residential Market Activity. There was a total of 258 sales for the month with the average price of a property being $738,839.

Average Residential Price by District
Average Residential Price by District
Average Residential Price by District

By taking a look at the Average Residential Price by District map we can see how Burlington did in March 2019. We are able to see each area and what the average price was. March 2019 was a strong month for Burlington particularly in area 35 (Millcroft) where they saw a total of 77 sales. The map shows us that Burlington continues to do quite well from the beach all the way to HWY #5.

Burlington Residential Table
Burlington Residential Table
Burlington Residential Table

There’s a lot to be happy about when we review the above chart, Burlington Residential Table. Because we can see that Burlington has had a great month. March 2019 saw an increase of 7% in sales activity with a total of 258 sales. And an increase of 15% in the number of active listings or 500 for the month. And the average price of a property was $738,839 indicating to us that there was a 0% difference to March 2018.

RABH Statistics for March 2019

The stats provided by RAHB provide us with a lot of information that is very useful. This month for example we saw a 1% drop from March 2018 with a 40% increase over February 2019.

And the stats are indicating that there was a 74% increase over January 2019, these numbers are great for the spring market. The average home saw a 4.9% increase for the RAHB area at $575,099 from March 2018.

“The increase in the number of sales from January and February shows that we are full steam ahead and anticipate a healthy spring market. We experienced a 2% increase in the number of listings over last year, which means more overall choice for buyers.” – RAHB CEO George O’Neill

Contact Lori VanDinther

Have you been thinking about selling your home? Contact Lori today and she’ll be happy to discuss the next steps. And if you want to learn more about the Burlington market, Lori will be happy to go over with you.

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Design Trends for 2019 Kitchen

Design Trends for 2019

Design trends for 2019 are here and it’s the time of year when a lot of people are starting to think about making some changes to their home. Today we’re focusing on the kitchen. Refreshing your kitchen to make it feel new again can make such a difference. Listed below are some of the popular kitchen design trends for 2019.

Matte Black Cabinetry 

This is a trend that’ll be making it’s mark in 2019. You’ll start to see this very modern twist to kitchen cabinets. And another trend that often goes along with this is eco-friendly materials.

Modern kitchen
Modern kitchen
Concealed Vent

What a great way to achieve a seamless look with your vent. This works with traditional and modern kitchens. 

Wood & White 

There’s defiantly something great about clean white or wood cabinetry, it can really open up your kitchen. And it goes so well with natural wood accents. This looks great in smaller kitchens but can also look fantastic in any size kitchen. 

Wood and White Kitchen
Wood and White Kitchen
Industrial Countertops 

It seems that 2019 will be there year for industrial countertops and we can see why. They change the look of your kitchen almost instantly. And you’re able to use a number of different materials to achieve this look. 

Handmade Tiles

Having a unique look to any room in your home is wonderful and can really show your personality. Try handmade or organic tiles, you’ll have something that no one else will. 

Use of Wood 

Wood panels, or countertops or floors can create a very warm look. Whether you choose to use a lot or a little, you’ll be making a statement, creating a unique and warm space.

Bright wooden kitchen
Bright wooden kitchen
Digital Technology 

In the 21 century we have a seen a lot of advancement when it comes to technology and those advancements just keep coming. And our kitchen appliances are catching up. You can now get almost anything to target your needs. Some examples are, wifi-enabled espresso machines, wine fridges that dispense wine, the possibilities are truly endless. 

Contact Lori VanDinther 

With so many possibilities and the market gearing up for Spring and Summer it might be time for you to give me a call or email me. We can go over your wish list and find your dream home. 

Burlington Real Estate Market Statistics for February 2019

Residential Market Activity
Residential Market Activity for RAHB
Residential Market Activity for RAHB

Let’s take a look at the above chart, Residential Market Activity for RAHB Areas. Here we can see that the number of sales has increased slightly compared to the same time last year. With the total number of homes sold for February were 189. And with the average cost of a home being only down a bit to $670,602.

Average Residential Price by District
Average Price By District Burlington
Average Price By District Burlington

The Average Residential Price by District map is clearly indicating that Burlington did very well in February 2019. And when we look at the map we can see that area 35 did particularly well with a total of 69 sales. We can also see that Burlington overall did very well from the Burlington beach to HWY #5.

Burlington Residential Table
Burlington Residential Table
Burlington Residential Table

The Burlington Residential Table, is indicating to us that Burlington saw an increase of 25% or 418 sales for the month of February 2019. And the median price of a home during the last month was listed at $632,000. A home in Burlington was on the market for 15 days, that’s down 3% compared to the same time last year. And the chart includes the neighbourhoods of Millcroff and Headen Forest.

Feburary STATs Provided by RAHB

There was a reported 735 sales of residential properties for the month of February located in the RAHB areas. And we can see that there was also a 4% drop from the same time last year. And with the average price of a home for the entire area was up by 1.9% to $557,135.

“The trend for the past few months has been that more affordable properties and communities have been seeing gains, but this month the statistics vary regardless of the type of property and location. The numbers can change from one month to the next, and that’s why it’s best to work with a REALTOR® when buying or selling. They know their communities and have access to comprehensive data throughout the month.” – RAHB CEO George O’Neil

For More Information

To learn more and for a  more in-depth statistics and some additional metrics, please read the full report. And if you have any questions please feel free to contact Lori.

Contact Lori Today

If you’re thinking about making a move, make sure you contact Lori. And if you’ve been thinking about selling your home and want to know more about the Burlington market, Lori will be happy to go over with you.