In the 52 weeks to October 24, 2026, 389 Burlington homes asking $1.5 million and up sold. That was 15.7% of all Burlington home sales, according to our Burlington market report.
How long they took is the harder part. The report does not publish days on market for this price range, so I won't make up a number. The closest real figure is for the whole city. In September 2026, a Burlington home sat for 32 days on average before it sold (September 2026 Burlington figures).
What 389 sales out of 1,033 listings tells you
Over the same 52 weeks, 1,033 new listings came out asking $1.5 million or more. Sales divided by new listings is called the sell-through. Here it was 38%.
In plain words, that's about 38 sales for every 100 new listings.
That sounds harsh. It is less harsh than it looks, because a home that comes off the market and comes back on is often counted as a new listing twice, so some of those 1,033 are the same house trying again with a new price or new photos. Still, the number tells you who has the upper hand. At this price, buyers have choices, and they take their time.
For contrast, look at the whole city in September 2026. There were 184 sales and 564 new listings. By my math, that's roughly one sale for every three new listings. The top of the market moves at about the same slow pace as everything else right now.
Why a single "days on market" number would mislead you
Say someone tells you homes over $1.5 million take 45 days. Or 60. Ask where the number came from.
A $1.6 million house in Millcroft and a $4 million lot on the water in Shoreacres are both in this band. They draw different buyers. They sell on different clocks. One average would blend them into a number that fits neither.
Days on market also hides relisting. A home that sat for 90 days, came off, and came back on at a lower price can show up as a fresh listing with a short count. The counter resets. The seller's stress does not.
The honest answer is that 389 homes sold, the city as a whole averaged 32 days in September 2026, and anyone quoting a precise number for your price band should show you the homes behind it.
What I look at instead
When I price a home over $1.5 million, the first thing I pull is the list of nearby homes in that range that did not sell. I mean the ones that expired or were pulled off the market. The sold list tells you what a buyer paid. The unsold list tells you where buyers said no.
Then I sort by street. In Roseland, Shoreacres or the Aldershot lakefront, one block can change the buyer pool. Lot size and water access matter there more than another bathroom.
Picture two houses listed the same week, both asking about $1.8 million, a few streets apart. One is priced off a sale from last spring, when buyers had fewer homes to pick from. The other is priced off what's on the market today and what failed to sell this summer. The first one gets a lot of showings and no offers. After six weeks it drops its price and lands right where the second one started, except now buyers are asking what's wrong with it. The second one sells. The two homes weren't that different. The starting price was.
How to land in the 38%
Price for this year's buyer. Last year's sales are history. A buyer at this level has seen the other listings and knows what they cost.
Get the first two weeks right, because that's when the most serious buyers in your range look hardest, and a home that starts too high often spends the rest of its time trying to win back buyers who already crossed it off their list.
Spend on the things that show up in photos and in person. That means a clean, bright house, good light and a yard that looks cared for. For waterfront homes, the marketing has to sell the setting as much as the house. You can see how we present one in our post on 868 Danforth Place Burlington, a private estate on the water.
If you're moving up or downsizing, line up your timing before you list. When buyers have this much choice, a seller who has to sell by a certain date is the one who gives up the most on price.
For more on how the top of this market works, see our guide to Burlington luxury homes.
Questions people ask
Does the $1.5 million band count asking price or sale price?
It counts homes asking $1.5 million and up. Some of those homes sold for less than $1.5 million. So the 389 sales include homes that started in this range, even if the final price came in lower.
Is Burlington's average sale price a good guide for a $1.5 million home?
Not really. The average freehold sale price in September 2026 was $1,062,329, down 10% from a year earlier. That average mixes in townhouses and semis, so it tells you which way the market is moving. It does not tell you what your house is worth.
How much competition will my home have if I list now?
In September 2026 there were 1,042 homes for sale in Burlington across all prices. That's a lot of choice for buyers. Your real competition is the handful of homes on your street type and in your price range, and those are the ones to price against.
Find out where your home sits
You can get a quick, free look at what your home might sell for, based on homes like yours that sold nearby. It takes about a minute. Get your instant Burlington home evaluation.