Oakville Weekly Market Report (Nov 22- Nov 28)
Resource Based on The Oakville Milton and District Real Estate Board
Last week the number of units sold increased 35.5%, from 62 units to 84 units. Average sale price decreased 12.4 %, from $1,347,386 to $1,180,019. Days on the market from 42 days to 35 days, 16.7 % shorter. Active listings on the market dropped 11.7 %, from 514 units to 454 units. Phone calls made increased 1.6 %, appointments booked through our brokerage Remax Aboutowne increased 19.8 %. Overall, due to the weather getting colder, there were less inventory, and many buyers plan to make their purchase before winter, the market was still active last week.
Let’s keep watching next week’s market update.
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