Burlington real estate market | Ross bridges real estate team

February marks a milestone for Burlington! For good & bad, the average sale price has now gone over $1 million. Cause for celebration for those already with a 'foot on rung on that proverbial ladder' and a larger challenge for those trying to get on it!

As you can see below, February continued the trend set by January of a much more active winter than past years with 53% more sales than this time last year and up 70% from last month. Homes are being sold in record time, and in many cases, with multiple offers and well over asking price. February average selling to listing price was 108%, up from 105% in January and 102% December. 


Low Months of Inventory (MOI - see below), shows that we are in a sellers market (click here to learn more about the market terms). As the chart below shows, there are differences depending what type of home you are interested in.     

Wondering what to do about selling? Worried about buying? Contact us today 905-220-1848 and let the experts guide you through the process and help you determine what is best for your personal circumstances.

We use professional stagers and photographers to prepare your home for sale and have excellent financial advisors to help you with getting a leg on or up that ladder!