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Burlington Market Trends

Today, November 24, 2009

Median Sales Price in Burlington

Embed Info
1 yr 5 yr Max
Burlington median sales prices
Number of sold homes in Burlington
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$85,000+28.8%$75,000$66,000$54,000
3 bedrooms$120,000+6.2%$116,500$113,000$136,500
4 bedrooms$190,000+4.7%$188,000$181,500$121,500
All properties$130,000+25.0%$116,500$104,000$140,500
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Burlington Summary

The median sales price for homes in Burlington NC for Aug 09 to Oct 09 was $130,000. This represents an increase of 11.6%, or $13,500, compared to the prior quarter and an increase of 25% compared to the prior year. Sales prices have depreciated 7.5% over the last 5 years in Burlington.

The average listing price for Burlington homes for sale on Trulia was $177,419 for the week ending Nov 18, which represents an increase of 0.7%, or $1,258, compared to the prior week and a decline of 3.9%, or $7,266, compared to the week ending Oct 28. Average price per square foot for Burlington NC was $79, an increase of 1.3% compared to the same period last year.

 

Average Listing Price in Burlington

Embed Info
1 yr 5 yr Max
Burlington average property price
Burlington – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$76,0290.0%$76,029$77,895$82,415
2 bedrooms$88,463-0.6%$88,959$87,652$88,025
3 bedrooms$149,181+1.5%$146,972$151,022$153,346
4 bedrooms$305,382+0.2%$304,673$309,115$312,994
All properties$177,419+0.7%$176,161$182,340$184,685
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Average Price Per Sqft for Homes in Burlington

Embed Info
1 yr 5 yr Max
Burlington average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$79+5.3%$70$75$70
3 bedrooms$76-1.3%$80$77$85
4 bedrooms$880.0%$83$88$53
All properties$79+1.3%$78$78$82
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Homes for Sale in Burlington

718 Shawnee Drive #A, Burlington NC
718 Shawnee…
$62,000
2 br  1 ba
1015 Dunleigh Drive, Burlington NC
1015 Dunle…
$849,000
5 br  4 full 2 partial ba
4522 Freedom Drive, Burlington NC
4522 Freed…
$265,000
3 br  2 ba
207 Brycewood Drive, Burlington NC
207 Brycew…
$185,000
4 br  2 ba
4270 Aviemore Run, Burlington NC
4270 Aviem…
$464,900
4 br  3 ba
408 Hillcrest Avenue, Burlington NC
408 Hillcr…
$124,900
3 br  2 ba
View all Burlington Homes for Sale
 
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Burlington

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Nearby Cities

Cities
Median
sales price
Average
listing price
Whitsett
$149,750
$235,088
Swepsonville
$58,000
$170,110
Graham
$151,500
$185,414
Elon College
$86,000
$39,900
Elon
$134,000
$248,138
Gibsonville
$140,000
$208,419
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Recent Q&A in Burlington, NC

Q: what do you do if you rent and get a letter saying the owners haven't paid their taxes in 2 years and now you have to pay the county and in 2? 10 answers
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Q: how can I find Rentals in Vermont? Be the first to answer
Q: What is the layout/is there off street parking? 1 answer
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Our real estate market trends page gives you a valuable overview of the Burlington real estate market. Find Burlington properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Burlington average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Burlington housing statistics are available for each Burlington, NC neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.