Oakville-Burlington Real Estate Update

08-09-2019 722 General 0 Comments


Oakville-Burlington...August 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...


                August 2019 compared to August 2018

 




 

August

2019 

 

August

2018

 

Change 


#of Res   Sales

 

Oakville

276

278

-0.72%

 Burlington 

268

257

+4.28%  

 

Average Sale $ 


Oakville

 $1,008,635 

$1,039,882

-3.00%

Burlington

$760,396

$752,548

+1.00%


Median

Sale $


   Oakville

$859,500

$878,500

 -2.16%

Burlington

$686,000

$655,000

+3.16%


                            August 2019: Avg Days on the Market:

                                     Oakville: 31 Burlington: 31



                Year to Date: 2019 compared to 2018

          




 

 

YTD

2019

 

YTD

2018

 

% Change


#of Res Sales


Oakville

2,471

2,304

  +7.25%

Burlington 

2,222

2,027

+9.62%


Average Sale $


Oakville

$1,017,491  

 $1,020,226 

 -0.27%

Burlington

$745,141

$734,756

+1.41%


Median Sale $

Oakville

$880,368

$873,500

+0.79%

Burlington


$682,000

$665,000

+2.56%

                                  

                            2019 YTD: Avg Days on the Market: 

                                  Oakville: 31   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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