Being that I do most of my work in Burlington, I thought I'd give a little breakdown of how the market is going here.
Single Unit Homes:
The average selling price between April 1, 2007 and October 19, 2007 was $447,975 with prices ranging from $280,000 to $730,000. As of October 19th, 2007 the average list price for a single unit home in the town of Burlington is about $471,000 with prices ranging from $267,500 to $849,900. Up a little over the average. A total of 100 houses were sold during that time period with the average market time of 138.18 days.
Condominiums:
During the same time period the average list price for a Condominium unit is $561,495 with prices ranging from $185,000 to $679,900. The average selling price between April 1, 2007 and October 19, 2007 was $373,810 with prices ranging from $162,000 to $629,000. The average market was 171.10 days.
Multi-Units Homes:
Burlington is a town with a limited amount of multi-units homes. At the present time there are no multi units recorded with the local MLS.
This information was gathered from the local MLS data.
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