Below are details on the Burlington MA real estate market report for yearly single family median price of homes sold over the last four years.
Burlington MA Single Family Home Sale Trends
The median price of homes sold in Burlington MA for the full year decreased -4.13% from $387,750 (in 2010) to $371,738 (in 2011). This after it increased 4.8% from $370,000 (in 2009) to $387,750 (in 2010). Prior to that there was a 0.68% change. The recent drop is different from the pattern over the last few years.
Full Year Single Family Median Price Of Homes Sold
Burlington MA Real Estate Market Report Summary
In most Massachusetts towns the median and average sales prices have consistently dropped from 2008 to 2011. Burlington is the exception. This is a sign of a stable real estate market. When most communities are on the decline in value during a historic real estate drop, Burlington has held very steady with Median sales price being up more than $4,000 and average sales price being down less than $8,000. This is around 1-2% swing.
For additional information on the Burlington MA real estate market report or market statistics for nearby cities and towns, please contact Scott Strang, Realtor / Principal Broker at Scott Gregory Group by calling 781-646-7600 or emailing email@example.com. This information was compiled from third party sources including public records and the MLS Property Information Network, Inc. These statistics are meant to provide a general overview of the market, are not guaranteed accurate, and may not include every single single family sold (private or outside of MLS) in the Burlington market.