Oakville-Burlington Real Estate Update

06-04-2019 722 General 0 Comments


Oakville-Burlington...March 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...


                          March 2019 compared to March 2018


Oakville/Burlington 

 

March 2019 

March 2018 

% Change 



#of Res   Sales

 

Oakville

240

244

-1.64%

 

 Burlington 

271

241

 +12.45%

 

 

Average Sale $ 



Oakville

 $1,093,742 

$1,078,053

+1.46%

 

Burlington

$738,949

$737,816

+0.15%

 



Median Sale $



Oakville

$928,500

$981,500

-5.40%

 

Burlington

$665,900

$697,500

-4.53%

 


                           March 2019: Avg Days on the Market:
                                   Oakville: 30   
Burlington: 27



                           Year to Date: 2019 compared to 2018


Oakville/Burlington

 

YTD 2019

YTD 2018

%Change



#of Res Sales



Oakville

496

551

  -9.98%

Burlington 

630

569

+10.72%



Average Sale $



Oakville

$1,062,543  

 $1,064,930 

 -0.22%

Burlington

$713,994

$706,030

+1.13%



Median Sale $



Oakville

$910,000

$910,000

0.00%

Burlington

$652,500

$660,000

-1.14%


                              2019 YTD: Avg Days on the Market:
                                     Oakville: 34   
Burlington: 30


*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.


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