Oakville Weekly Market Report (Oct 25- Oct 31 )
Resource Based on The Oakville Milton and District Real Estate Board
Last week the number of units sold decreased 19.1%, from 110 units to 89 units. Average sale price decreased 1.5 %, from $1,279,068 to $1,259,304. Days on the market from 40 days to 33 days, 17.5 % shorter. Active listings on the market dropped 4.2%, from 636 units to 609 units. Phone calls made decreased 11.7 %, appointments booked through our brokerage Remax Aboutowne decreased 10.3 %. Overall, the market is still active, and inventory started to drop.
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.