AUGUST MARKET UPDATE 2020

The average sale price for a property in Oakville in August 2020 was $1,345,439 up 23.1% from $1,092,942 in 2019 and year to date the average sale price is $1,256,611.  The average days on market for August was 31 compared to 55 last year.

“Sales are up on a year-over-year basis for all major home types across Oakville, Milton & Halton Hills, which is a fantastic sign of a return to more normal economic conditions given the current situation that we have all been living through,” says OMDREB President Richard Weima. 

“Detached & semi-detached houses & townhouses were the main drivers of sales growth & the amount of new listings hitting the market continues to rise. As a result, we see that the demand for home ownership is still strong & that means we must continue to focus on the issue of housing affordability in Halton.” 

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 us anytime.  

Our goal is to always be your trusted real estate advisors.                                                       

As always, we look forward to hearing from you.

Anita & Matt Sullivan