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Nov
14

Oakville Resale Prices Reach 2018 High Levels

Oakville Resale Prices Reach 2018 High Levels

October Market Highlights
  • October average price of $1,246,118 is first time the $1.2 million barrier has been eclipsed in 2018
  • Average prices are now up over $200,000 versus the low-water mark which occurred in May of this year
  • However October volume was down by 9.4% versus last year, halting four consecutive months of annual volume growth
  • Sales volume activity continues to be strained by soft new listings performance

Related: Monthly Neighbourhood Market Reports

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

Oakville Transactions - OCT 2018

NeighbourhoodTotal TransactionsAvg Sales Price ($)Avg Days on Market
Bronte18$890,55628
Bronte Creek6$828,66734
Central5$1,519,00022
Clearview2$1,270,00014
College Park6$970,50025
Falgarwood12$688,16738
Ford5$2,082,94034
Glen Abbey9$969,05620
Glenorchy9$1,091,76037
Joshua Creek7$1,558,57136
Morrison14$3,666,30750
Old Oakville5$1,716,60027
River Oaks10$797,75032
Southwest2$2,635,00044
Wedgewood Creek4$1,122,00021
West13$1,157,53830
West Oak Trails13$936,92319
Westmount16$999,37542