New Upward Trend in New Listings for Burlington Real Estate Market

Over the last 30 days, an emerging upward trend of new sellers coming into the Burlington market continued, with 29 listings in this week's report. Meanwhile, sales have ticked up as well, with 23 homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price dropped to $515,000 over the latest reporting period for Burlington, down from $541,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Burlington is a definite seller's market.

Any of these new listings in Burlington could be your dream home, so be sure to check them out:

$394K   $439K   $524K  

Get started right now by checking out Burlington homes for sale or reviewing Burlington real estate trends.

Demographic facts for Burlington:

  • This area has an average elevation of 163 feet.
  • The median income per household is $90,338 in the area.
  • There are 243 students for every counselor. (513 = national average)

Data reported through 10/12/2016

Comments:

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