Oakville Weekly Market Report (Feb 21- Feb 27)
Resource Based on The Oakville Milton and District Real Estate Board
Last week the number of units sold was 120 units, decreased 9.1 % from previous week’s 132 units. Average sale price decreased 1.5 %, from $1,438,794 to $ 1,417,104. Days on the market from 10 days to 14 days, 40 % longer. Active listings on the market were 322 units, increased 1.6 % from previous week’s 317 units. Phone calls made increased 4.6%, appointments booked through our brokerage Remax Aboutowne increased 8.1 %. Overall, market was very active, not enough inventory , it is still seller’s market. Medium to high priced house was very popular.
Let’s keep watching next week’s market update.
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