Property prices for sale in Burlington (Ontario)
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 October, the average price per sq.feet was $763. In November this price pretty much remained the same at a value of $761 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $762 to $744 per sq.feet. The price per sq.feet has had a considerable increase of 119 % 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 $753 to $899.5 during February, and March.
Based upon to the price in Burlington (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $697,994. During November the price went through a considerable rise reaching $868,066. During the following two months (December, January) the price has had an average incrementation from $783,030 to $842,351. Based on an analysis of the first four prices and the last two months the average price has risen strongly 199 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,234,904 they are 72 % more affordable than the average price for Burlington. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,653,109.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $925 / sq.feet, with an average $1,010 / sq.feet price in Burlington. The properties with the highest average prices have 3 bedrooms. They are 30 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,062 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,234,904 it is 69 % 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 "Land". At a price of $1,800,238 it is 20 % 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 $492 / sq.feet followed by "Condo" priced at $917 / sq.feet. "House" is the most costly type of property with a $1,027 / sq.feet cost followed by "Land" with an average price of $947 / sq.feet.
