Oakville Weekly Market Report May 24-May 30

Oakville Weekly Makret Report May 24-May 30

Resource based on The Oakville Milton and District Real Estate Board

Last week the market activities continued to increase dramatically. 

Number of units sold increased 66.7%, from 30 units to 50 units.  Average sale price on the other hand, decreased a little bit by 5.7%, from $1,261,000 to $1,189,000. Days on the market was 34.4% shorter, from 32 days to 21 days.  Active listings on the market increased 11.9%, from 329 listings climbed up to 368 units. Phone calls and appointments made through our brokerage Remax Aboutowne both further increased dramatically. Overall, the market seems much more active.

Is it the end of side effect of Covid-19? It is too early to make this conclusion. Let’s keep watching next week’s market update.

We update Oakville real estate market report on a  weekly basis, as well as detailed sold properties information for the previous week, such information includes property  address, community, asking price, sold price, type of the property, detailed information of each listing, room sizes, descriptions, and more pictures and even virtual tours of that property. If you are interested in active listings currently on the market, or hot new listings or properties sold in other areas, please let us know, we will customize the information according to your criteria. We are always here to help with all your real estate needs.  So please sign up the form at the bottom of this page, we will deliver such info and updates straight to your mailbox every week.