April Market Update
Oakville had another good month. Prices remained stable again for both Detach and Condos. The total number of days on the market rose to 29 days compared to March, so homes are sitting on the market for longer time.
214 Homes sold during the month of April in Oakville compared to 195 sales in April of 2018 which is an increase of 9.74%, with a total sales volume of $244,166,574. The average price remained strong at $1,140,965 and the median was $1,047,500.
The most popular detach home price-point was $1,000,000 to $1,500,000, which took in 65% of sales while Condos remained steady with 18.69% of sales. The most popular Condo price point was between $400,000 – $500,000 representing 16% of Condo Sales.
When we look at the Year to Date figures, the total sales in Oakville hit 654 homes, with a total sales volume of $734,471,822.
For more information on the Oakville, Milton & District Real Estate Market, contact one of our Agents who are on duty daily at any one of our offices and get the facts on Oakville Real Estate.
To learn more about Royal LePage, visit us at www.royallepage.ca, and if you are considering joining our Canadian Firm, contact us at your favourite Oakville location, Oak Park Office!
We look forward to hearing from you!
Wayne and Virginia Munden
www.mundenhomes.com
905 399 5910