Average Price of Freehold Property Over the Half Million Dollar Mark

 

“July sales in the Burlington market certainly compared well to the number of sales in the same month last year,” said RAHB President Ann Forbes Arndt, “but you have to remember that the real estate market was very quiet last July thanks to the implementation of the HST. What is more telling is how July’s numbers stack up against the average for the month over the last ten years. The freehold market is holding up very well, with the average sale price for freehold units over $500,000.”