The prices in real estate in Burlington, in the Ontario region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Burlington has increased during the last 6 months. In July, the average price per sq.feet was $549. In August this price pretty much remained the same at a value of $567 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $558 to $573.5 per sq.feet. The price per sq.feet has increased 114 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $565.75 to $642.5 during November, and December.
Based upon to the price in Burlington (cities), these have remained the same in the last 6 months. The average price for July is $939,020. During August the price had a slight fall till $814,927. During the following two months (September, October) the price has had an average incrementation from $876,973.5 to $935,970. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $906,471.75 and $909,499 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $834,058 they are 43 % more affordable than the average price for Burlington. The properties with the highest average price have 4 bedrooms, Their price is 135 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,180,869.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $619 / sq.feet, with an average $672 / sq.feet price in Burlington. The properties with the highest average prices have 4 bedrooms. They are 17 % more expensive than the average followed by properties with 3 bedrooms with a price at $755 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $834,058 it is 40 % cheaper than the average price in Burlington. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $571,208 it is 92 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $262 / sq.feet followed by "Apartment" priced at $582 / sq.feet. "House" is the most costly type of property with a $1,295 / sq.feet cost followed by "Condo" with an average price of $685 / sq.feet.