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Feb
11

Oakville Market Resale Prices Continue to Recover in New Year

Oakville Market Resale Prices Continue to Recover in New Year

January Market Highlights
  • January average price of $1,115,569 is up by a solid 4.7% versus last year
  • Market now appears to have fully digested the impact of the government-mandated stress test and higher interest rates from a pricing perspective
  • That said, January volume continued its recent sluggish pattern (-9.2% versus last year)
  • Volume is expected to strengthen in the coming months with a growing restoration of consumer confidence in the market

antibiotic azithromycin over the counter Related: Monthly Neighbourhood Market Reports

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Oakville Transactions - JAN 2019

NeighbourhoodTotal TransactionsAvg Sales Price ($)Avg Days on Market
Bronte7$1,765,35740
Bronte Creek7$976,85725
Central3$1,039,84372
Clearview3$986,33339
College Park2$1,017,50014
Falgarwood8$936,25243
Ford2$2,702,50026
Glen Abbey9$812,77836
Glenorchy6$979,33350
Joshua Creek4$1,097,50026
Morrison2$2,571,00034
Old Oakville6$1,908,33359
River Oaks9$1,072,38933
Southwest1$2,003,800170
Wedgewood Creek1$950,00022
West9$1,285,16755
West Oak Trails10$896,88047
Westmount9$1,101,44439