Community

Palmer Real Estate

Burlington, Halton

21Active
195Sold
54Leased
8Buildings

Palmer Market

Updated Aug 21, 2026
Condos
Median sale price
$670K
Median PSF (est.) 6.3%
$535/sqft
Price trend
Sold last 90 days
5
Active listings
10
Months of inventory
3.3
Avg days on market
44
Sale-to-list ratio
98.13%
Absorption rate
30.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 16.67% · End-user: 83.33% (from 5 sales, 1 leases)
Price reductions (90d)
Price-reduction rate: 20.00%
Avg reduction: $25,000 (3.85%)
Monthly reduction trend
2024-09: 33.3% (3 listings) · avg $9,000
2025-04: 50.0% (4 listings) · avg $20,000
2025-05: 0.0% (3 listings)
2025-07: 0.0% (5 listings)
2025-12: 33.3% (3 listings) · avg $25,100
2026-05: 33.3% (3 listings) · avg $75,000
Re-entries (past 12 months)
Re-entries: 2 of 40 sold · rate 5.00%
Avg price change: +$0 (+0.00%)
Median PSF (est.) vs parent area
Median PSF: $535-2.11% vs municipality avg ($547)[discount]
Supply vs demand by unit type (90d)
Sample: 10 active listings · 5 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 5 active / 3 sold · mismatch -10.00%
3br: 5 active / 2 sold · mismatch +10.00%
Concession pattern by unit type (90d)
1br (4 sales)75.00% closed with concessions, avg 5.18% below ask
2br (26 sales)80.77% closed with concessions, avg 2.92% below ask
3br (10 sales)80.00% closed with concessions, avg 2.28% below ask
Seasonality (annual pattern)
Historically strongest months: Feb, Dec, Jul
Historically weakest months: Aug, Jun, Apr
Annual averages: DOM 34.9d · sale-to-list 98.13% (n=40)
Monthly detail
Feb · 2 sales · DOM 16.0d · STL 95.88%
Mar · 2 sales · DOM 25.0d · STL 96.80%
Apr · 5 sales · DOM 72.6d · STL 97.68%
May · 6 sales · DOM 31.7d · STL 96.50%
Jun · 3 sales · DOM 51.0d · STL 98.76%
Jul · 7 sales · DOM 22.3d · STL 97.76%
Aug · 2 sales · DOM 45.0d · STL 97.25%
Sep · 3 sales · DOM 32.7d · STL 99.32%
Oct · 2 sales · DOM 35.5d · STL 98.65%
Nov · 4 sales · DOM 27.8d · STL 101.07%
Dec · 4 sales · DOM 20.5d · STL 99.50%
Homes
Median sale price
$957K
Median PSF (est.) 21.1%
$819/sqft
Price trend
Sold last 90 days
18
Active listings
11
Months of inventory
1.6
Avg days on market
15
Sale-to-list ratio
97.43%
Absorption rate
63.6%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 10.00% · End-user: 90.00% (from 18 sales, 2 leases)
Price reductions (90d)
Price-reduction rate: 5.56%
Avg reduction: $79,100 (6.71%)
Monthly reduction trend
2024-08: 0.0% (3 listings)
2024-11: 33.3% (6 listings) · avg $37,001
2025-01: 50.0% (4 listings) · avg $59,900
2025-02: 25.0% (4 listings) · avg $35,000
2025-03: 0.0% (3 listings)
2025-04: 14.3% (7 listings) · avg $74,900
2025-05: 40.0% (5 listings) · avg $49,951
2025-07: 11.1% (9 listings) · avg $74,901
2025-08: 0.0% (8 listings)
2025-09: 37.5% (8 listings) · avg $21,700
2025-10: 33.3% (9 listings) · avg $102,333
2025-11: 25.0% (4 listings) · avg $29,501
2025-12: 0.0% (6 listings)
2026-01: 0.0% (3 listings)
2026-04: 20.0% (5 listings) · avg $75,000
2026-05: 25.0% (4 listings) · avg $50,000
2026-06: 20.0% (5 listings) · avg $79,100
2026-07: 0.0% (9 listings)
Re-entries (past 12 months)
Re-entries: 2 of 111 sold · rate 1.80%
Avg price change: -$45,000 (-2.57%)
Median PSF (est.) vs parent area
Median PSF: $819+18.57% vs municipality avg ($691)[premium]
Seasonality (annual pattern)
Historically strongest months: Mar, Aug, Jul
Historically weakest months: Jan, Nov, Feb
Annual averages: DOM 26.6d · sale-to-list 97.43% (n=111)
Monthly detail
Jan · 7 sales · DOM 34.0d · STL 95.98%
Feb · 5 sales · DOM 49.2d · STL 99.15%
Mar · 3 sales · DOM 9.3d · STL 100.52%
Apr · 12 sales · DOM 32.3d · STL 98.15%
May · 9 sales · DOM 30.9d · STL 96.06%
Jun · 7 sales · DOM 24.9d · STL 98.74%
Jul · 18 sales · DOM 18.3d · STL 96.69%
Aug · 12 sales · DOM 11.6d · STL 99.05%
Sep · 10 sales · DOM 22.7d · STL 98.00%
Oct · 11 sales · DOM 32.5d · STL 95.46%
Nov · 10 sales · DOM 34.6d · STL 98.21%
Dec · 7 sales · DOM 28.7d · STL 95.77%
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About Palmer Real Estate

Explore 21 active listings in Palmer, located in Burlington. Browse 8 condo buildings, compare 19 properties for sale and 2 for lease, and find your next home with detailed market data and price estimates.

Palmer has seen 249 completed transactions recently, with 195 sold and 54 leased properties providing rich comparable data for accurate valuations.

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