The Burlington MA condo real estate market report for 3rd quarter 2013 below include information on average sales, number of listings, and marketing time frames for the last few years. Average sale price provides valuable information about the condition of the market, particularly when analyzed in relation to previous years. The volume of listings reflects market activity. Lastly, the number of days on market demonstrates buyer demand. When analyzed together, these 3 figures can help you determine whether it is a good time to buy or sell a property, how long that may take, and how much you may pay.
Condo Property Prices for Burlington MA
3rd Quarter Average Selling Price
The average price in Burlington MA for the 3rd quarter increased 40.37% from $354,232 to $497,240. In the time frame prior to that, it decreased -16.33% from $423,350 to $354,232. Before that there was a -7.37% change. This most recent increase is a shift in pattern from past years.
| 2008 |  $328,333 |
| 2009 | $421,755 |
| 2010 | $457,015 |
| 2011 | $423,350 |
| 2012 | $354,232 |
| 2013 | $497,240 |
3rd Quarter Listing Volume
The Listing volume in Burlington MA for the 3rd quarter decreased -41.18% from 17 to 10. In the time frame previous to that, it increased 21.43% from 14 to 17. Previous to that there was a 7.69% change. This most recent decline is different from the pattern over the previous few years.
| 2008 | 6 |
| 2009 | 11 |
| 2010 | 13 |
| 2011 | 14 |
| 2012 | 17 |
| 2013 | 10 |
3rd Quarter Average Listing Time Frame
The Average listing time frame in Burlington MA for the 3rd quarter decreased -52.03% from 123 to 59. During the prior period, it increased 46.43% from 84 to 123. Before that was a 40% change. The recent decline is different from the trend from the previous few years.
| 2008 |  76 |
| 2009 | 251 |
| 2010 | 60 |
| 2011 | 84 |
| 2012 | 123 |
| 2013 | 59 |
Burlington MA Condo Real Estate Market Report For 3rd Quarter 2013
For additional Burlington MA condo real estate market report for 3rd quarter 2013 or reports for nearby cities and towns, please contact Peter DaMore, Attorney at Law Offices of Peter T. DaMore Jr. by calling 781-229-7900 or emailing pdamore@ptdlaw.com. Note: These statistics were extracted from third parties including public records and the MA MLS Property Information Network, Inc. They are intended to provide a general overview of the real estate market, are not guaranteed, and might not include every condo transferred in Burlington.