Burlington Ontario

Burlington Real Estate Market Statistics for October 2018

In the chart above, Residential Market Activity, we can see the overall sales compared to this time last year. There were 266 sales for the month of October. And we can see that the average cost of a home in Burlington has gone up and average sale price increased by 5.9%.

 

The Average Residential Price by District graph indicates to us that Burlington is doing well from the escarpment to the bay. You’re also able to see the average cost of a home for the month. And we can see that for October area 35 remains very hot.

 

The chart above, Hamilton-Burlington Residential Marketing Activity, includes area 35, are the neighbourhoods of Millcroft and Headen Forest. We can see the sales activity was 1,035 for the month of October.

RAHB reported 1,035 sales of residential properties. We find that for the month of October, The Sales to New Listing Ratio was 60.1% – indicating that the overall residential market for the RAHB area is in a balanced position.

With a Sales to Listing Price Ratio of 98.2%, we’re able to see that Burlington continues to do very well. Millcroft and Headen Forest continue to stay consistent and the average time a home is on the market at 31.6%.

“The single family market in the overall RAHB area remains in a balanced position, with a good inventory of homes for those looking for a detached property.” – RAHB CEO George O’Neill

For more information, please refer to RAHB’s Residential Market and MLS Home Price Index Report for October 2018. 

If you’re thinking of selling your home please make sure you contact us. We are ready to help you find the home you’ve been searching for.

 

Burlington Real Estate Market Statistics for September 2018

The chart above, Residential Market Activity for RAHB Areas, illustrates how much the average price for Burlington has changed and it’s showing us how much each area has changed since last year. We can see that there were a total of 247 sales for the month of September, which is an increase compared to last year.

 

The Average Residential Price by District graph indicates to us that Burlington is doing well from the escarpment to the bay. And that it continues to remain a hot area. You’re also able to see the average cost of a home for the month of September in each area.

The chart above, Residential Marketing Activity, includes area 35, which are the neighbourhoods of Millcroft and Headen Forest. We can see the sales activity was 86 for the month of September, down 2.4% but still up from 2016.

RAHB reported 948 sales of residential properties and a 4.6% increase over the same month last year. And that The Sales to New Listing Ratio was 50.1% – indicating that the overall residential market for the RAHB area is in a balanced position.

With a Sales to Listing Price Ratio of 98.4% we can see that this area of Burlington continues to do well. Millcroft and Headen Forest continue to stay consistent and the average time a home is on the market at 27.8%.

For more in-depth statistics and additional metrics, please refer to RAHB’s Burlington Residential Marketing Report for September 2018. 

And if you’re thinking of selling your home please make sure you contact us. We are ready to help you find what you’ve been dreaming of.

Burlington Longmoor neighbourhood

Burlington’s Top Neighbourhoods

If you’re considering moving to Burlington and looking to buy a house, you’re probably wondering what are some of the top neighbourhoods in Burlington. Let’s list them based on the following factors: schools, access to highway, GO station, malls, community centers, parks, waterfront, and mature properties and average prices.

Keep in mind that Burlington is a growing mid-sized city, voted number 1 several year’s in a row by Money Sense magazine, and has lots to offer for everyone, be it seniors and mature home buyers, single people or a young family with little children. Burlington has many neighbourhoods some are older and mature, others are brand new designer communities that are still developing.

Millcroft

Burlington’s master planned community is one of the most highly sought after neighbourhoods in all of Halton Region. It was developed in the late 80s and features a mix of large upscale family homes on beautifully landscaped lots, and freehold or condo townhomes and bungalows. The entire neighboruhood is situated around The Millcroft Golf and Country Club. It has two public and one Catholic elementary schools, and one public and one Catholic high school. Tansley Wood Community centre and Harber Recreations centre are right in the area. Close proximity to highways 403, 407 and Appleby GO Station makes it a good commuter choice. You can find many stores, shops and restaurants, along the Appleby Line, including fitness clubs.

Alton Village

Nestled within the Niagara Escarpment Alton Village is Burlington’s newest and hottest community that’s still developing. Just like Millcroft is features large upscale homes and townhomes, with designer streets, landscape and layout. It’s very close to access to 407 highway. It’s a drive down from Appleby GO. It’s close to Appleby/Upper Middle shops and stores. And there are 3 elementary schools withing walking distance. Norton community park offers playground options for kids of all ages. The new Haber rec center has a pool and library for residents.

The Orchard

Located in the north east end of Burlington, surrounded by Millcroft, Alton Village and Bronte Creek Provincial Park, The Orchard neighbourhood has been around since 90s. Many trails make this a very nature oriented community. It’s still close to highways 403, 407 and Appleby GO Station. There are many shops, stores and restaurants along Appleby Line and Burloak Drive. You will find mainly detached homes here that are on the higher end in pricing.

Roseland

A mature and very beautiful neighbourhood Roseland has seen transformation in the last couple of years. This community is closer to the Lake Ontario. You will find a mix of new builds, older homes, condos, townhouses and detached. Something for everyone! The location is ideal. Very close to downtown, Burlington mall, Central Park, highway access to 403, choice between Burlington GO or Appleby GO. It has few schools withing walking distance as well. Just a beautiful area to live in.

Longmoor

Another mature neighbourhood Longmoor offers more affordable variety of detached homes and townhouses. Proximity to the waterfront, Palleta Mansion, Nelson Park, Burlington Mall, 403 highway access and Appleby GO station make this community a very good choice. Very safe and quiet. It features streets with lots of tall trees and dreamy feel.

If you are planning to buy a home in Burlington, best mid-sized city in Canada, and need some help in finding that ideal home, please don’t hesitate to ask us for help. That’s what we’re here for. We’ve connected hundreds of people with their ideal homes and we can do the same for you too. Call 905-330-2002 today or learn more about our Burlington real estate services.