Real Estate Market Update for Burlington, MA
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Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was stable from one year earlier, and down 18% from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was just under 500-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 16%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 450-thousand dollars. The number of units sold decreased 18% year-over-year, and decreased 15% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Burlington, MA
Area Information for Burlington, MA
  • Population: 25,008
  • Median Age: 41.19 yr
  • Median Commute Time: 21.1 mins
  • Educational Climate*: 5
  • Sales Tax: 6.25%
  • Population Density: 2,131/sq mi
  • Population Change Since 2000: 8.94%
  • Closest Airport: Laurence G Hanscom Field
  • Closest College: Itt Technical Institute
  • Closest Jr. College: Middlesex Community College
  • Median Household Income: $90,101
  • Annual Residential Turnover: 12.66%
  • Median Years in Residence: 8.96 yr
  • Median Home Sales Price: $375,000
  • Closest Major Sports Team: Boston Bruins
  • Change Avg. Household Income Since 2000: 20%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Burlington, MA
Median Age: 41.19 Married: 42% Number of Households: 9,429 Households with Children: 3,182
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Burlington, MA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Mount Hope Christian School 0.1 mi Private PRESCHOOL-5 0 4
      Kinder Care Learning Center 0.4 mi Private PRESCHOOL-K 0 0
      Burlington High School 0.4 mi Public 9-12 4 3
      Francis Wyman Elementary School 0.7 mi Public K-5 3 4
      Memorial Elementary School 1.0 mi Public K-5 2-5 4
      Marshall Simonds Middle School 1.0 mi Public 6-8 4 3
      Fox Hill Elementary School 1.1 mi Public K-5 3 3
      Tender Learning Centre 1.1 mi Private PRESCHOOL-K 0 0
      Pine Glen Elementary School 1.4 mi Public K-5 3 4
      Open Bible Academy 1.9 mi Private PRESCHOOL-12 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Burlington, MA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.