5126 Lakeshore Rd

5126 Lakeshore Rd is a 5-bedroom 8-bathroom home listed for sale at $5,700,000, which is $3,223,572 (130.2%) higher than the average sold price of $2,476,428 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 5 bedroom home in Burlington increased by $921,428 (59.3%) compared to the previous 30 day period (February 23 - March 23) and up $1,150,959 (86.8%) from the same time one year ago.There were 11 5-bedroom homes listed in Burlington over the last 30 days (March 24 - April 22), which is down 8.3% compared with the previous 30 day period (February 23 - March 23) and up 83.3% compared with the same period last year.5-bedroom homes in Burlington typically sold ($90,957) (3.7%) below asking price over the last 30 days (March 24 - April 22), which represents a $208,777 decrease compared to the previous 30 day period (February 23 - March 23) and ($89,297) less than the same period last year.Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Burlington over the last 30 days (March 24 - April 22) stood at 63.6%, up from 41.7% over the previous 30 days (February 23 - March 23) and down from 100.0% one year ago.An average time on the market for a 5-bedroom 8-bathroom home in Burlington stood at 19 days when successfully sold over the last 30 days (March 24 - April 22), compared to 72 days before being removed from the market upon being suspended or terminated.