Oakville-Burlington Real Estate Update

08-05-2019 722 General 0 Comments



Oakville-Burlington...April 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...


                          April 2019 compared to April 2018




Oakville/Burlington

 

April 2019

April 2018

% Change



#of Res Sales



Oakville

236

227

 +3.96%

Burlington 

366

305

+20.0%



Average Sale $



Oakville

$1,127,950  

 $1,065,668 

 +5.84%

Burlington

$744,715

$723,289

+2.96%



Median Sale $



Oakville

$1,040,500

$962,000

+8.16%

Burlington

$690,000

$670,000

+2.99%


                          April 2019: Avg Days on the Market:
                                 Oakville: 29   
Burlington: 26


                         Year to Date: 2019 compared to 2018



Oakville/Burlington

 

YTD 2019

YTD 2018

% Change



#of Res Sales



Oakville

722

778

  -7.20%

Burlington 

1000

874

+14.42%



Average Sale $



Oakville

$1,090,665  

 $1,065,145 

 +2.40%

Burlington

$725,303

$712,053

+1.86%



Median Sale $



Oakville

$935,000

$933,000

+0.21%

Burlington

$665,000

$662,750

+0.34%


                           2019 YTD: Avg Days on the Market:

                                Oakville: 33   
Burlington: 29


*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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