Burlington
Market Update
Let's take a small coffee break and chat about the current real estate market conditions. Every month, I review the local stats.
In my own words, I'll explain what we are seeing with our clients. Take a look at the board numbers, and tell you what is actually happening!
Hope you enjoy!
How is the real estate market in Burlington?
Last update, March 1, 2023
Even though it seems like winter has finally arrived. It’s starting to feel like an early spring market in the real estate world.
It’s trending that some of the more recent successful sales are homes that are well-prepared and well-priced. We’ve also seen some with multiple offers…
For the second month in a row, unadjusted benchmark prices trended up over the previous month. This may indicate that prices are starting to stabilize.
The lower-priced homes attract the most buyers in February. And an increased hesitancy from sellers to list impacted detached homes the hardest.
While inventory levels are much higher than reported last year, they are still below levels reported for this time of year before the pandemic.
It’s impossible to time the market, so if you are looking at making a move we can help with a strategy that suits your family's needs.
Contact
If you want to take the next step, book a strategy call with me to see if I can help you and your family with your next move. Book your 15 min call or chat with me on Facebook Messenger in French or English. Talk soon!