Published October 11, 2026 in Market Update

Burlington condo gives buyers a bit more room to choose

By Helen Howard

Real estate, Burlington condo

The one fact that changes things most right now: the Real Estate Data Aggregator counted a median 41 days on market in Burlington's 27215 condo market for the three months ending August 31, 2026. That is 8 days longer than the same stretch a year ago. Sellers, that extra week matters when you pick your price.

Realtor.com reported that 20.8% of listings nationally had price cuts in September 2026. Burlington's 27215 market fits that pattern. Homes are not flying off the shelf the way they did a year ago. Pricing carefully from day one matters more than it did.

More homes to choose from in Burlington 27215

The Real Estate Data Aggregator counted 155 homes for sale in Burlington's 27215 condo market for the three months ending August 31, 2026. That is up 9.2% from a year before. Supply sits at 3.4 months, also up 0.8 months from last year. Buyers have a little more room to look around.

Prices held up, even as fewer homes sold

The Real Estate Data Aggregator put the median sale price in Burlington's 27215 condo market at $319,995 for the three months ending August 31, 2026. That is up 2.8% from the same period a year ago. Prices moved in the right direction, even as the number of homes sold fell.

The Real Estate Data Aggregator counted 138 homes sold in Burlington's 27215 condo market for the three months ending August 31, 2026. That is down 16.9% from a year before. Fewer closings, but prices did not drop. The Federal Housing Finance Agency reported that U.S. house prices rose 2.6% from July 2025 to July 2026, so Burlington's 2.8% gain kept pace with the national picture.

Sellers still close near their asking price

The Real Estate Data Aggregator found that homes in Burlington's 27215 condo market sold for an average of 98.9% of list price in the three months ending August 31, 2026. That is up 1.2 points from a year ago. Most sellers got very close to what they asked. Not every home sold fast, but the ones that were priced well held their value.

The Real Estate Data Aggregator also found that 36.1% of Burlington 27215 condos went under contract within two weeks of listing in the three months ending August 31, 2026. That share is up 5 points from a year before. Price it right and it can still move quickly.

Mortgage rates add pressure for everyone

CNBC reported that the average contract rate on a 30-year fixed mortgage with a conforming loan balance rose to 7.49% in the week ending October 7, 2026. Realtor.com noted that rates topped 7% for the first time since January 2025. That is a real headwind for buyers in Burlington and everywhere else.

CNBC also reported that mortgage purchase applications fell 2% for that same week. Fewer buyers are applying. That helps explain why Burlington's 27215 condo market saw fewer closings than a year ago.

One more thing: the numbers above cover all of ZIP 27215. One street or one building in Burlington can read very differently from the whole ZIP code. A condo on one block may sell faster or slower than the median says.