5209 Cedarbrook Cres

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5209 Cedarbrook Cres, Burlington
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
W3080066
MLSID
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Property Description
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-06-24 2022-06-27 3 $1,299,900 $1,295,000 Sold
Property Details
Community
Property Type
Detached, Backsplit 3
Lot Size
67' x 111'
Fronting
South
Taxes
$3,349 (2014)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenGround8.99' x 15.32'O/Looks Dining, Granite Counter, Stainless Steel Appl
DiningGround9.58' x 12.40'Open Concept, Hardwood Floor, Crown Moulding
FamilyGround13.42' x 17.32'Hardwood Floor, Bay Window, Crown Moulding
RecLower20.18' x 10.83'Laminate, Above Grade Window, Crown Moulding
Master2nd10.66' x 12.99'Hardwood Floor, Ensuite Bath, Crown Moulding
2nd Br2nd8.86' x 9.84'Hardwood Floor, Casement Windows, Crown Moulding
3rd Br2nd8.99' x 13.25'Hardwood Floor, Casement Windows, Crown Moulding
Burlington Market Statistics
Burlington Price Trend
5209 Cedarbrook Cres is a 3-bedroom 3-bathroom home listed for sale at $649,800, which is $633,413 (49.4%) lower than the average sold price of $1,283,213 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Burlington increased by $65,368 (5.4%) compared to the previous 30 day period (February 25 - March 25) and up $62,192 (5.1%) from the same time one year ago.
Inventory Change
There were 105 3-bedroom homes listed in Burlington over the last 30 days (March 26 - April 24), which is up 22.1% compared with the previous 30 day period (February 25 - March 25) and up 4.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold $16,290 (1.3%) above asking price over the last 30 days (March 26 - April 24), which represents a $23,829 increase compared to the previous 30 day period (February 25 - March 25) and ($5,650) more than the same period last year.
Sales to New Listings Ratio
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 3-bedroom homes in Burlington over the last 30 days (March 26 - April 24) stood at 98.1%, up from 84.9% over the previous 30 days (February 25 - March 25) and up from 93.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Burlington stood at 8 days when successfully sold over the last 30 days (March 26 - April 24), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp., Brokerage
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