Oakville-Burlington Real Estate Update
Oakville-Burlington...February 2019 residential re-sale housing sales summary as reported by the Oakville, Milton and District Real Estate Board and the Realtors Association of Hamilton-Burlington...
February 2019 compared to February 2018
Oakville/Burlington | Feb 2019 | Feb 2018 | % Change | |
# of Res Sales | Oakville | 133 | 184 | -27.72% |
Burlington | 197 | 182 | +8.24% | |
Average Sale $ | Oakville | $989,359 | $1,077,163 | -8.15% |
Burlington | $679,965 | $676,789 | +0.47% | |
Median Sale $ | Oakville | $875,000 | $885,000 | -1.13% |
Burlington | $635,000 | $628,500 | +1.03% | |
February 2019: Avg Days on the Market:
Oakville: 35 Burlington: 28
Year to Date: 2019 compared to 2018
Oakville/Burlington | YTD 2019 | YTD 2018 | % Change | |
# of Res Sales | Oakville | 257 | 307 | -16.29% |
Burlington | 357 | 328 | +8.84% | |
Average Sale $ | Oakville | $1,032,876 | $1,054,500 | -2.05% |
Burlington | $693,692 | $682,675 | +1.61% | |
Median Sale $ | Oakville | $889,000 | $865,000 | +2.77% |
Burlington | $640,000 | $625,000 | +2.40% | |
2019 YTD: Avg Days on the Market:
Oakville: 39 Burlington: 32
*The average home price is found by adding the value of all sales and dividing by the number of homes.
*The median sale price is the midpoint of all sales.
Source: Oakville, Milton and District Real Estate Board (OMDREB) and
Realtors Association of Hamilton-Burlington (RAHB).
Statistics are never 100% accurate - they are a tool to be used in conveying a pattern that reflects trends and changes.