OAKVILLE’S REAL ESTATE BUZZ FOR JANUARY 2018.

Here are some current stats from OMDREB, The Oakville Milton and District Real Estate Board.
While the Detach Home Sale Category is at 50% in December, we see another increase in the OAKVILLE CONDO MARKET, up to 28% with 30% of CONDO SALES in the price range of $400,000 – $600,000! We predict to see this category grow throughout Oakville in 2018.

Here are some other stats:

53 Detach Homes were SOLD
19 Semi/Link/Townhomes were SOLD
30 Condos were SOLD
4 Other were SOLD
TOTAL SALES in Oakville in January, 2018 106 Units.

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Detached Sales in Oakville

$600,001 – $800,000 0.09%

$800,001 – $1,000,001 20%

$1,000,001 plus 69.09% which currently sits at an all time high!

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Semi/Link/Townhomes in Oakville

$400,001 – $600,000 5.56%

$600.001 – $800,001 72.22%

$800,001 – $1,000,001 11%

$1,000,001plus 11%

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Condo sales in Oakville

$200,001 – $300,001 10%

$300,001 – $400,001 20%

$400,001 – $600,001 30%

$600,001 – $800,001 23.33%

$800,001 – $1,000,001  6.67%

$1,000,001plus 10%

Although Units may have gone down from previous months, price points have still maintained strong in December with an Average Sale Price of $1,070,117 and a Median Sale Price of $858,000. This stats are down from December 2017 Stats, but the numbers are still up from 2017. This is fantastic news!

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Wayne and Virginia Munden
www.mundenhomes.com

Helping You Is What We Do.
Royal LePage Real Estate Services, LTD.
Oakville, Oak Park Office.

905 257 3633