Is Burlington, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Burlington was a Seller's Market.
Housing Prices in Burlington, CT
How much do homes in Burlington, CT cost?
Median Sold Price
$470,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Burlington was $470,000 in May 2024, down 6.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | - | N/A |
2 Bedrooms | $288.7K | $348.5K | +20.7% |
3 Bedrooms | $372.5K | $422.5K | +13.4% |
4 Bedrooms | $650K | $632.5K | -2.7% |
5+ Bedrooms | $712.5K | $750K | +5.3% |
Summary: Burlington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
Canton | $360K | $404.9K | +12.5% |
Avon | $450.6K | $482.5K | +7.1% |
New Hartford | $350K | $370.9K | +6.0% |
Unionville | $373K | $387.5K | +3.9% |
Burlington | $505K | $470K | -6.9% |
Housing Supply in Burlington, CT
How many homes are available in Burlington, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 29 | +52.6% |
Summary: The Burlington real estate market had 29 homes for sale in May 2024, a 52.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 8 | 17 | +112.5% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Burlington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 112.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Burlington in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Burlington, CT
We’re sorry, we don't have information for this market at the moment