Is Burlington, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Burlington was a Buyer's Market.
Housing Prices in Burlington, CT
How much do homes in Burlington, CT cost?
Median Sold Price
$455,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Burlington was $455,000 in March 2024, down 7.1% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $257.5K | - | N/A |
2 Bedrooms | $290.5K | $347K | +19.4% |
3 Bedrooms | $371.7K | $415K | +11.6% |
4 Bedrooms | $650.2K | $625K | -3.9% |
5+ Bedrooms | $712.5K | $655K | -8.1% |
Summary: Burlington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Cities
New Hartford | $334K | $370.9K | +11.0% |
Avon | $450K | $475K | +5.6% |
Canton | $366.2K | $380K | +3.8% |
Unionville | $370K | $378.7K | +2.4% |
Burlington | $490K | $455K | -7.1% |
Housing Supply in Burlington, CT
How many homes are available in Burlington, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 19 | +5.6% |
Summary: The Burlington real estate market had 19 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Burlington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Burlington in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Burlington, CT
We’re sorry, we don't have information for this market at the moment