JULY MARKET UPDATE 2020

The average sale price for a detached property in Oakville in July 2020 was $1,571,751, up 14% from $1,378,385 in 2019. The average sale price for a townhouse/apartment in July 2020 was $776,195 up 9.6 % from $708,392 in July 2019.  The average sale price for a townhouse/apartment year to date is $766,432 up 10.5% from 2019. 

“It is apparent the demand for ‘a place to call home’ has been the driving force in Halton real estate during a time that typically shows a lull in activity. Ontario’s move to Stage 3 has untethered the ability to hold in-person showings, which points to consumers being able to regain confidence in buying and selling real estate. In addition, REALTOR® safety  protocols show that these things can be done safely and with care.” President Richard Weima said. “Mortgage rates have not  been this low in decades for Buyers, so it comes as no surprise that activity and home values have risen so strongly”.

Please click the above boxes to view this months stats for 2170 & 2180 Marine Drive and 2175 & 2185 Marine Drive.

If you are curious about the current real estate market and have questions or would like some information, please connect with me anytime.  

My goal is to always be your trusted real estate advisor.                                                       

As always, I look forward to hearing from you.

Anita & Matt Sullivan