Burlington’s real estate market in January 2025 showed a mix of opportunities and challenges. Whether you’re buying or selling, here’s what you need to know to stay ahead.
For Buyers: More Time and Choices
- Balanced Market: Months of supply increased across all property types—2.5 months for row properties and 4 months for apartments.
- Condo Buyers Benefit: Apartment-style home prices dipped 3% from last year. The benchmark price is now $582,800.
- More Listings, More Options: New listings rose by 13.4%, giving buyers a wider range of properties to explore.
For Sellers: Price Growth and Strategic Selling
- Detached Homes Shine: Benchmark price for detached homes grew 7% year-over-year, reaching $1,340,200.
- Competitive Pricing is Key: Inventory is up 20.8%, and sales dropped 16.4%. Proper pricing will help you stand out.
- Focus on Hot Areas: Burlington 32 saw the tightest market with only 1.2 months of supply and strong price growth.
Neighborhood Highlights
- Detached homes in Burlington 30 and 33 saw notable price increases of 32% and 22%, respectively.
- Apartment-style homes faced downward pressure due to higher inventory, creating a more buyer-friendly segment.
Looking Ahead
With a balanced market and stable price trends, staying informed will help you make the right moves in 2025. Whether you’re buying or selling, understanding these trends can make all the difference.
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