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Burlington Home Values and Market Report

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Crgelite.com
Report prepared by Crgelite.com Axen Realty
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Market at a glance

Over the last 12 months, homes sold for 99.1% of list price in 97 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $293K Sold · $287K
$390K$350K$310K$270K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 73 sales in Sep. Last month: 52.

Where the market stands

All homes in this report, by status.

1,038homes
Active256 · 25%
Under contract69 · 7%
Sold (12 mo)713 · 69%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$420K
Under contract$314K
Sold$320K

Average days on market

Active139 days
Under contract124 days
Sold97 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 256
Average list price $420,330
Avg. days on market 139 days
Avg. price per ft² $187
Avg. living area 1,947 ft²
Avg. beds / baths 3.2 / 2.5

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

51 homes didn’t report living area and aren’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 197 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

57 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

7086 Holts Store Road$601
1915 Wheeler Bridge Road$400
365 McCray Road$391
1982 Wheeler Bridge Road$336
2265 Johnson Road$332
1477 Cappoquin Way$312
4108 Union Ridge Road$300

All active listings (256)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
908 Ada StreetBurlington, NC 27217 321,150$225,000$1951 day
716 Cairn CircleBurlington, NC 27217 331,233$245,000$1981 day
1740 Northside DriveBurlington, NC 27217 421,756$256,000$1452 days
2103 Morningside DriveBurlington, NC 27217 321,583$250,000$1572 days
365 McCray RoadBurlington, NC 27217 452,493$975,000$3918 days
1008 Sherwood DriveBurlington, NC 27215 321,300$185,000$1423 days
733 N Gurney StreetBurlington, NC 27215 222,082$275,000$1323 days
314 Hall AvenueBurlington, NC 27217 221,550$205,000$1326 days
2528 Evergreen AvenueBurlington, NC 27217 221,454$225,000$1546 days
7217 Olmstead Drive Unit #ABurlington, NC 27215 331,520$239,000$1576 days
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