Easter Market Update - Burlington Ontario Real Estate and Woaterdown Ontario
Click the Bunny to watch the video:
Highlights
- Low Inventory (# of houses listed for sale)
- Report Source: Real Estate Association of Hamilton & Burlington (RAHB)
- Price is continuing to increase
- Interest rates remain very low
Listing Stats
- There were 1,527 properties newly listed in February
- An increase of 7.3 % compared to February 2015, but
- 9.8 % lower than the 10-year average
Average Sale Price (detached homes) and Days on Market (DOM)
- Burlington (excludes District 38)
- Average Sale Price $601,265 (New record for Burlington!!!)
- Average Days on Market 30 days (2015 – 35)
- Waterdown
- Average Sale Price $558,824
- Average Days on Market 34 days (2015 – 28)
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