4449 Milburough Line 1 Cedar

4449 Milburough Line 1 Cedar is a 2-bedroom 2-bathroom home listed for sale at $559,000, which is $939,000 (62.7%) lower than the average sold price of $1,498,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Burlington declined by $397,000 (20.9%) compared to the previous 30 day period (December 22 - January 20) and up $296,215 (24.6%) from the same time one year ago.There were 11 2-bedroom homes listed in Burlington over the last 30 days (January 21 - February 19), which is up 175.0% compared with the previous 30 day period (December 22 - January 20) and down 8.3% compared with the same period last year.2-bedroom homes in Burlington typically sold ($51,950) (3.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $10,716 increase compared to the previous 30 day period (December 22 - January 20) and $6,680 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 2-bedroom homes in Burlington over the last 30 days (January 21 - February 19) stood at 36.4%, down from 75.0% over the previous 30 days (December 22 - January 20) and down from 83.3% one year ago.An average time on the market for a 2-bedroom 2-bathroom home in Burlington stood at 26 days when successfully sold over the last 30 days (January 21 - February 19), compared to 103 days before being removed from the market upon being suspended or terminated.