Sep
17

Oakville Resale Market Recovery Continues

Oakville Resale Market Recovery Continues

August Market Highlights
  • August volume up by 6.3% versus last year; marking third consecutive month of volume growth
  • August average price of $1,179,288 up by 3.1% versus last year
  • Prices over past three months clearly indicate that the market has bounced strongly off its bottom (which occurred in May)
  • Buyers have finally moved past the negative impacts of the Fair Housing Plan (Apr 2017) and OSFI stress test requirement (Jan 2018)

Related: Monthly Neighbourhood Market Reports

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

Oakville Transactions - AUG 2018

NeighbourhoodTotal TransactionsAvg Sales Price ($)Avg Days on Market
Bronte16$1,135,68829
Bronte Creek8$978,38850
Central4$1,043,25014
Clearview3$1,056,66719
College Park5$816,00075
Falgarwood4$853,50047
Ford5$2,487,44526
Glen Abbey11$1,179,01523
Glenorchy10$988,40031
Joshua Creek6$1,297,50040
Morrison7$3,035,00051
Old Oakville7$2,004,28658
River Oaks21$1,007,58033
Southwest6$1,363,39627
Wedgewood Creek8$1,091,48832
West11$1,202,96459
West Oak Trails8$827,43832
Westmount15$881,66329