$3,561 Closing Credit*
$299,900
1,491 SqFt
3 Beds
•2 Full Baths
Joshua Brown, Listing Office: KW Legacy Partners
Is Burlington, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Burlington has remained a Seller's Market.
Key Takeaway
Burlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burlington, CT
How much do homes in Burlington, CT cost?
Median Sold Price
$500,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,550(+1.9%)
Key Takeaway
Homes in Burlington have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Burlington was $500,000 in November 2024, up 1.9% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $150K | N/A |
| 2 Bedrooms | $287K | $335K | +16.7% |
| 3 Bedrooms | $415K | $422.5K | +1.8% |
| 4 Bedrooms | $625K | $746.9K | +19.5% |
| 5+ Bedrooms | $750K | $750K | 0.0% |
Summary: Burlington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Canton | $352.5K | $420.5K | +19.3% |
| Unionville | $356.2K | $415K | +16.5% |
| Avon | $460.8K | $531.6K | +15.4% |
| Burlington | $490.4K | $500K | +1.9% |
| New Hartford | $378.7K | $385.4K | +1.8% |
Housing Supply in Burlington, CT
How many homes are available in Burlington, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 31 | -6.1% |
Summary: The Burlington real estate market had 31 homes for sale in November 2024, a 6.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Burlington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Burlington, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Burlington in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Burlington, CT
We’re sorry, we don't have information for this market at the moment
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