Burlington unit sales showed a volume of 1438 units sold as of May 31, 2008, at an average sale price of $351,756, averaging 97% of the asking price, while remaining on the market for a period of 43 days.

Comparing this volume with same period last year, unit sales were 1567 representing an 8.97% drop in sales volume; at the same time in 2008 the average sale price increased from $333,322 in 2007 to $351,756, a 5.53% increase in market value over a year ago.

The most intriguing observation is on the "supply" side, May closed with 914 active properties listed in Burlington on MLS® compared to 699 at the of May 2007, and the largest number of active listings since as far back as July 1995. This bodes excellent news for buyers who can shop and compare with a bit more time on their hands because there is choice out there. For sellers on the other hand, they have to offer a sharp product that is priced well in order to attract the buyers' attention.