{"id":1889,"date":"2019-01-03T13:15:17","date_gmt":"2019-01-03T18:15:17","guid":{"rendered":"https:\/\/www.loriv.com\/blog\/?p=1889"},"modified":"2025-11-04T15:00:33","modified_gmt":"2025-11-04T20:00:33","slug":"december-2018-stats-burlington","status":"publish","type":"post","link":"https:\/\/loriv.com\/blog\/real-estate-market\/december-2018-stats-burlington\/","title":{"rendered":"Burlington Real Estate Market Statistics for December 2018"},"content":{"rendered":"\n

Residential Market Activity<\/strong><\/h2>\n\n\n\n
\"Residential<\/a>
Residential Market-Activity for RAHB Areas December 2018<\/figcaption><\/figure>\n\n\n\n

By taking a look at the above chart Residential Market Activity<\/strong> we can see that for December 2018, Burlington has has a slight decrease in the number of sales. However this is very common for the month of December. When sales tend to take a drop during the holiday season. With that being said this chart also indicates that the average cost of a home has increased by $38,401.<\/p>\n\n\n\n

Average Residential Price by District<\/strong><\/h2>\n\n\n\n
\"Average<\/a>
Average Residential Price by District for Burlington<\/figcaption><\/figure>\n\n\n\n

The Average Residential Price by District<\/strong> graph is indicating to us that Burlington is doing well from the HWY 5 to the bay. And you\u2019re also able to see the December 2018 STATs average cost of a home for the month in each area. It appears that area 35 remains very hot with the most number of total sales (27) for December 2018.<\/p>\n\n\n\n

Burlington Residential Table December 2018<\/strong><\/h2>\n\n\n\n

 <\/p>\n\n\n\n

\"Burlington<\/a>
Burlington Residential Table December 2018<\/figcaption><\/figure>\n\n\n\n

In the above chart Burlington Residential Table <\/strong>which includes area 35, the neighbourhoods of Millcroft and Headen Forest, continue to do well. We can see the sales activity was 166 for the month of December. And the total sales for Burlington and Hamilton were 543.<\/p>\n\n\n\n

December Statistics Provided by RAHB<\/strong><\/h2>\n\n\n\n

December 2018 STATs show a 26% lower number of sales than the same month last year. And the average cost of a home was up by 2.6% to $543, 210. The year-to-date sales activity was down 17.6% from the same time last year and down 12.2% compared to a decade ago. However compared to a decade ago, the price of a home is up 90%. And as the below statement by the CEO of RAHB states this is common.<\/p>\n\n\n\n

\u201cDecember has again proven to be one of the slower months for sales as people were busy celebrating the holidays rather than contemplating a move. But we anticipate market activity will pick up into 2019 as consumer confidence grows after being affected by the provincial and federal regulations introduced over the last two years.\u201d Says RAHB CEO George O\u2019Neill<\/p>\n\n\n\n

For more information<\/strong><\/h2>\n\n\n\n

Please refer to RAHB\u2019s Residential Market and MLS Home Price Index Report for December 2018. <\/a><\/p>\n\n\n\n

Contact Lori VanDinther<\/strong><\/h2>\n\n\n\n

Are you thinking of selling your home? Please make sure you contact us<\/a>, we\u2019re ready to help you find your new home.<\/p>\n","protected":false},"excerpt":{"rendered":"

Residential Market Activity By taking a look at the above chart Residential Market Activity we can see that for December 2018, Burlington has has a slight decrease in the number of sales. However this is very common for the month of December. When sales tend to take a drop during the holiday season. With that being said […]<\/p>\n","protected":false},"author":29,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[56,207],"tags":[71,87,88],"class_list":["post-1889","post","type-post","status-publish","format-standard","hentry","category-real-estate-market","category-real-estate-trends","tag-burlington-ontario","tag-burlington-real-estate-market","tag-real-estate-trends"],"yoast_head":"\r\nBurlington Real Estate Market Statistics for December 2018 - Burlington Real Estate Blog<\/title>\r\n<meta name=\"description\" content=\"December 2018 STATs show a 26% lower number of sales than the same month last year. 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