$6,233 Closing Credit*
$524,900
2,100 SqFt
4 Beds
•2 Full Baths, 1 Partial
Ellen Sebastian, Listing Office: William Pitt Sotheby's Int'l
Is Burlington, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Burlington was a Buyer'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
$475,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$24,900(-5.0%)
Key Takeaway
Homes in Burlington have sold for 5% less than they did a year ago.
Summary: The median home sold price in Burlington was $475,000 in October 2024, down 5% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $150K | N/A |
| 2 Bedrooms | $225.5K | $341K | +51.2% |
| 3 Bedrooms | $432.5K | $420K | -2.9% |
| 4 Bedrooms | $625K | $672.5K | +7.6% |
| 5+ Bedrooms | $750K | $750K | 0.0% |
Summary: Burlington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Unionville | $350K | $420K | +20.0% |
| Canton | $350K | $410K | +17.1% |
| New Hartford | $343.5K | $399K | +16.2% |
| Avon | $465K | $503K | +8.2% |
| Burlington | $499.9K | $475K | -5.0% |
Housing Supply in Burlington, CT
How many homes are available in Burlington, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 29 | +7.4% |
Summary: The Burlington real estate market had 29 homes for sale in October 2024, a 7.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Burlington housing inventory by bedroom type for October 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 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Burlington, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Burlington in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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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