Oakville-Burlington Real Estate Update
Oakville-Burlington...May 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...
May 2019 compared to May 2018
Oakville/Burlington | May 2019 | May 2018 | % Change | |
# of Res Sales | Oakville | 394 | 337 | +16.91% |
Burlington | 357 | 355 | +0.56% | |
Average Sale Price | Oakville | $986,514 | $1,004,185 | -1.76% |
Burlington | $745,560 | $775,238 | -3.83% | |
Median Sale $ | Oakville | $871,000 | $855,000 | +1.87% |
Burlington | $695,000 | $694,500 | +0.07% | |
May 2019: Avg Days on the Market:
Oakville: 26 Burlington: 26
Year To Date compared 2019 compared to 2018
Oakville/Burlington | YTD 2019 | YTD 2018 | % Change | |
# of Res Sales | Oakville | 1,459 | 1,374 | +6.19% |
Burlington | 1,360 | 1,229 | +10.66% | |
Average Sale $ | Oakville | $997,694 | $1,014,072 | -1.62% |
Burlington | $730,402 | $730,304 | +0.01% | |
Median Sale $ | Oakville | $869,000 | $873,500 | -0.52% |
Burlington | $672,000 | $670,000 | +0.30% | |
2019 YTD: Avg Days on the Market:
Oakville: 30 Burlington: 28
*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.