54036 NAT COR Digital Magazine Final - Flipbook - Page 13
Burlington
Burlington
Home to some of Halton Region’s most picturesque landscapes
and renowned schools, Burlington has emerged as a coveted
destination within the Greater Toronto Area.
As the second-largest city in Halton Region, Burlington’s real
estate market has demonstrated consistent strength across
both resale and new development appreciation. Even under the
combined stressors of the pandemic and high interest rates, the
median sale price for single detached homes edged up 3.5% on
a year-over-year basis to $880,000 in the first quarter of 2024.
SINGLE DETACHED HOMES
INCREASED BY
37%
AVERAGE BURLINGTON HOME PRICE
DETACHED
SEMIS
TOWNHOME
CONDO
TOTAL
2019
$727,750
$749,000
$520,000
$397,000
$892,744
2024
$1,087,194
$973,929
$735,688
$724,850
$1,028,297
GROWTH RATE
49%
30%
41%
82%
37%
*Source: Toronto Regional Real Estate Board and CREA. E & O.E.
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NATIONAL HOMES DIGITAL MAGAZINE