May
15

Oakville Market Doldrums Continue

Oakville Market Doldrums Continue

April Market Highlights
  • April volume down by 44.9% versus last year’s robust sales (190 units versus 345 units)
  • Year-to-date (January through April) volume down 36.6% versus last year (694 units versus 1,095 units)
  • April average price also showed weakness, declining by 14.5% versus last year to $1,098,642
  • Lingering effects of 2017 Fair Housing Plan, new OSFI-mandated stress tests and higher borrowing costs remain key factors

Related: Monthly Neighbourhood Market Reports

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Oakville Transactions - APR 2018

NeighbourhoodTotal TransactionsAvg Sales Price ($)Avg Days on Market
Bronte14$1,080,91427
Bronte Creek16$1,096,24315
Central6$1,359,43325
Clearview3$1,067,13339
College Park10$868,65618
Falgarwood4$778,50020
Ford4$1,529,37524
Glen Abbey13$1,410,25420
Glenorchy17$952,61230
Joshua Creek5$1,370,37829
Morrison3$1,645,83337
Old Oakville3$1,918,33345
River Oaks20$1,021,04519
Southwest4$2,871,65824
Wedgewood Creek10$1,025,10040
West15$1,191,17328
West Oak Trails16$868,69918
Westmount21$878,81028