Burlington Real Estate Stats - January 2023 - Property Types
Wednesday Feb 22nd, 2023
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January sales were down across all property types in Burlington. Detached home sales reflected only 37 per cent of all regional sales in January. A total of 41 detached homes were sold, similar to the apartment condominium sales for the month. New listings did improve across most property types, with the largest gains in the apartment condominium sector.
Affordability is likely cooling the demand for higher-priced detached homes. While January saw a pause in monthly price declines for detached, semi-detached and row properties, prices in all categories remain below the highs reported last year.