By Staff
April 9th, 2022
BURLINGTON, ON
The Baxter was a very successful condo development; seen as a prime location.
During the month of March, the average price for a condo apartment in Burlington was $797,000, 37.2% higher than March 2021 when we saw the average price at $581,000 and up slightly from last month $775,000.
The price per square foot was up in March at $791, compared to $640 the same month last year. In March, properties sold for just over 111% of the listed price, down from 116% last month and on par with last month in 8 days.
Sales were slightly down 4.4% as compared to March 2021 and up slightly from last month.
The condo market is a bit of a different beast, condo investors are still strong and although as markets start to shift we tend to see it first in properties like condos, inventory levels remain low and the market is still performing strong.
