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Discover an extensive selection of pre construction homes in Burlington Under $1.5M. Our curated list showcases the latest developments, offering a range of options from affordable condos to luxurious townhomes. Whether you're a first-time buyer or looking to invest, these new construction properties in Burlington provide excellent opportunities in various neighborhoods.
Metric | March 2024 | March 2025 | Y/Y % Change |
---|---|---|---|
Average Sold Price | $1,119,979 | $1,054,937 | -5.8% |
Total Sales | 231 | Data Not Available | N/A |
New Listings | 334 | 733 | +119.5% |
Average Days on Market | 20.3 | 24 | +18.2% |
Sales to New Listings Ratio | 69.2% | Data Not Available | N/A |
Data source:
In March 2025, the housing market of Burlington showed a clear shift compared to March 2024. The average price for sale registered a decline of 5.8% from $1,119,979 to $1,054,937, indicating declining trends in prices. One of the most significant changes was the extreme increase in new listings, which rose 119.5% from 334 to 733. This increase in inventory can signal a shift towards a balanced or even buyer's market, giving buyers more numbers of choices to choose from. But as more residences came on the market, average time a home was on the market also increased—from 20.3 days in March of 2024 to 24 days in March of 2025—referring to reduced speed of decision-making by buyers or increased competitiveness among listings. Although full sale numbers for 2025 don't exist yet, the number of sales in relation to new listings in 2024 as a percentage is 69.2%, showing already moderate demand from buyers to supply. In general, the Burlington market in March 2025 appears to be cooling down somewhat, with higher listings, more time on the market, and downward pressure on prices.
Note: Condomonk is Canada's leading database of new pre construction homes. Information may be outdated or inaccurate. Please contact a licensed real estate agent for updated information.