Burlington vs Richmond Hill
Side-by-side Real Estate market comparison, Ontario, Canada
| Metric | Burlington | Richmond Hill |
|---|---|---|
| Active Listings | 781 | 1,039 |
| Sold (12 mo) | 2,311 | 1,943 |
| Median Price | $930K | $1.11M |
| Average Price | $1.06M | $1.23M |
| Avg Days on Market | 38 days | 35 days |
| SP/LP Ratio | 97% | 98% |
| Months of Inventory | 5.2 | 6.3 |
| Above Asking % | 15% | 23% |
| Below Asking % | 81% | 74% |
Frequently Asked Questions
Is Burlington or Richmond Hill more affordable?
The median home price in Burlington is $930K compared to $1.11M in Richmond Hill. Burlington is currently the more affordable market.
Which city has faster home sales, Burlington or Richmond Hill?
Homes in Burlington sell in an average of 38 days compared to 35 days in Richmond Hill. Richmond Hill has a faster-moving market.
Is Burlington or Richmond Hill a buyer's market?
Burlington has 5.2 months of inventory and Richmond Hill has 6.3. A market with over 6 months of inventory generally favours buyers.