Oakville Market Rebound Continues

September Market Highlights
  • September volume up by 3.1% versus last year; marking fourth consecutive month of volume growth
  • September average price of $1,153,679 down slightly by 2.6% versus last year
  • Despite this slight price decline, overall prices have clearly bounced back strongly off the bottom which occurred in May
  • Market will continue to strengthen as new listing activity improves

Related: Monthly Neighbourhood Market Reports

What’s Your Oakville Home Worth? Get a Free market evaluation of your home.

Oakville Transactions - SEPT 2018

NeighbourhoodTotal TransactionsAvg Sales Price ($)Avg Days on Market
Bronte24$1,187,20337
Bronte Creek8$1,027,87544
Central6$1,233,66728
Clearview---
College Park5$783,58021
Falgarwood7$925,50025
Ford4$1,932,50042
Glen Abbey10$922,46124
Glenorchy15$1,053,93336
Joshua Creek4$1,148,75014
Morrison14$2,712,32946
Old Oakville1$2,401,00029
River Oaks20$827,38530
Southwest5$2,009,00030
Wedgewood Creek6$1,065,33337
West19$927,51634
West Oak Trails12$970,25027
Westmount12$792,34226

Burlington Resale Volume Growth Turns into Positive Territory

September Market Highlights
  • September volume was up by 14.8% versus last year, erasing an eight-month streak of annual declines
  • Despite the volume uptick, new listings remained weak registering a 16.4% decline versus last year
  • The average price of $765,761 in September was down marginally (1.0%) versus last year
  • The year-to-date (Jan thru Sep) average price is now within just 3.3% of last year’s record high levels

Related: Monthly Neighbourhood Market Reports

WHAT’S YOUR BUrlington HOME WORTH? GET A FREE MARKET EVALUATION OF YOUR HOME.

Burlington Transactions - SEPT 2018

NeighbourhoodTotal TransactionsAvg Sales Price ($)Avg Days on Market
Aldershot South6$904,25041
Alton Central1$612,00025
Alton West4$860,00053
Brant Hills10$668,75030
Central9$1,137,93340
Dynes12$688,65829
Elizabeth Gardens10$784,20027
Headon Forest9$728,27857
Longmoor5$687,78018
Maple11$646,24538
Millcroft14$1,039,35732
Mountainside7$563,82724
Orchard17$925,96540
Palmer5$618,0809
Pinedale6$652,66730
Roseland4$950,0007
Shoreacres3$1,066,00041
Tansley---

Popular Sustainable Flooring Options

Colour, surface texture, room usage and price all come into play when homeowners commit to a flooring style. One thing homeowners don’t have to compromise on is their selection of green options.

Here is a list of popular products

Salvaged wood. Buying reclaimed lumber continues to get easier for those shopping online. In some instances, it’s even less expensive relative to the cost of new hardwoods.

Bamboo. High abundance and a natural look make sustainable bamboo an attractive flooring option. Bamboo grows to maturity in three to five years, about a quarter of the time it takes to grow trees used for hardwood. It’s great choice for a room with low humidity.

Linoleum. Unlike vinyl flooring, which is a synthetic product made of chlorinated petrochemicals, linoleum is manufactured from natural compounds that include linseed oil, cork dust, various tree resins and ground limestone. With natural, renewable elements used in manufacturing, the popularity of this eco-friendly flooring option continues to rise.

Cork. Like bamboo, cork is quickly renewable. Cork has antimicrobial properties to reduce allergens, is fire retardant and provides a comfortable feel under foot. Cork flooring can be finished in a variety of paints and stains, complementing any room setting.

Happy Thanksgiving from the Dan Cooper Group

Thanksgiving is a time for friends and family to come together and gives us the opportunity to express gratitude for all that enriches our lives.

“Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.” – Oprah Winfrey

May the good things in life be yours in abundance, not only at Thanksgiving, but throughout the coming year! We are extremely grateful for your continued support and loyalty and wish you and your family a wonderful holiday weekend!

Thank you for CONNECTING!

THANK YOU to everyone in the community who joined us on September 26th for CONNECT, our very first networking event, held at trendy Yellow Door Studio.

CONNECT was an incredibly successful and SOLD OUT event and we were blown away from the interest and feedback from attendees. We made some amazing new connections and collaborated with a large number of sponsors and contributors from within the community.

A special THANK YOU to Rainey Waters and Crystal Larocque for planning and organizing the event, to Yellow Door Studio for graciously co-hosting, and a very big THANK YOU to the community for your continued support!

This event would not have been a success without the generous support of our incredible sponsors: The Sweetest Thing, Seasons Restaurant, Rose Law Professional Corporation, MorCan Direct Mortgages, Finesse Permanent Make-Up Inc., Briarwood Cosmetic Surgical Centre, Odessa Diamond Merchants, Erin Park Lexus, Concept Lighting Group, Big Hit Kickboxing Studios, Cobs Bread Bakery, Cassandra B. Training, Meraki Fitness & Sports Performance, Waterproof Masters & Associates, Eyewear by Olga, Bélanger, TAG Vodka, Colossus Greek Taverna, Spin/Co and the Dan Cooper Group.

We are currently planning our next event so stay tuned and watch our social media feeds for updates.

Thank you for CONNECTING!