Burlington MA is largely a single family home market with only a few condo complexes. The single family market in Burlington MA has been very steady and been on the rise. Property prices in an area continually change. The average price of properties sold offers a good overview of a particular area. Other statistics such as the lowest, median, and highest prices provide additional helpful information. The Burlington MA single family average prices of homes sold for Jan-Dec 2016 in this blog include statistics for the last few years.
Single Family Property Sales for Burlington MA – Jan-Dec
Average Price of Properties Sold
The average selling price in Burlington MA for the Jan-Dec increased 0.84% from $549,150 (in 2015) to $553,784 (in 2016). In the time frame prior to that, it increased 8.65% from $505,446 (in 2014) to $549,150 (in 2015). That after a 14.18% change. This demonstrates a consistent incline across the last 4 years.
| 2012 |  $399,175 |
| 2013 | $442,685 |
| 2014 | $505,446 |
| 2015 | $549,150 |
| 2016 | $553,784 |
Low Sale Price of Homes Sold
The lowest sale price in Burlington MA for the Jan-Dec decreased -1.96% from $255,000 (in 2015) to $250,000 (in 2016). This after it increased 4.08% from $245,000 (in 2014) to $255,000 (in 2015). Previous to that there was a 84.21% change.
| 2012 |  $230,450 |
| 2013 | $133,000 |
| 2014 | $245,000 |
| 2015 | $255,000 |
| 2016 | $250,000 |
Median Selling Price
The median sale price in Burlington MA for the Jan-Dec increased 3.35% from $483,810 (in 2015) to $500,000 (in 2016). During the previous period, it increased 7.33% from $450,750 (in 2014) to $483,810 (in 2015). Prior to that there was a 7.93% change.
| 2012 |  $389,325 |
| 2013 | $417,625 |
| 2014 | $450,750 |
| 2015 | $483,810 |
| 2016 | $500,000 |
Maximum Sale Price of Listings Sold
The highest sale price in Burlington MA for the Jan-Dec increased 10.43% from $1,150,000 (in 2015) to $1,270,000 (in 2016). During the previous period, it increased 22.99% from $935,000 (in 2014) to $1,150,000 (in 2015). Before that was a 12.8% change.
| 2012 | $668,438 |
| 2013 | $828,888 |
| 2014 | $935,000 |
| 2015 | $1,150,000 |
| 2016 | $1,270,000 |
Burlington MA Single Family Average Prices Of Homes Sold For Jan-Dec 2016
Burlington MA has shown steady strong growth for the past six years. For more Burlington MA single family average prices of homes sold for Jan-Dec 2016 or information for other neighborhoods, please contact Scott Strang, Realtor / Principal Broker at Scott Gregory Group by calling 978-664-2828 or emailing scott@scottgregorygroup.com. Note: These statistics were obtained from third party sources including county records and the Massachusetts MLS Property Information Network, Inc. They are intended to provide a general overview of the real estate market, are not guaranteed, and might not necessarily include every single family transferred in Burlington.
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