Oakville-Burlington Real Estate Update

09-10-2019 722 General 0 Comments

Oakville-Burlington...September 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...


                                    Sept 2019 compared to Sept 2018

 

Oakville/Burlington

 

 

    Sept-19

 

 

Sept-18   

 

%Change 

 


#of Res   Sales

Oakville

280

270

+3.70%

 Burlington 


257

266

-3.38%  

 

Average Sale $ 

Oakville


 $1,114,577 

$1,059,563

+5.19%

Burlington

$782,679

$739,340

+5.86%


Median Sale $

   Oakville


$920,000

$883,000

 +4.19%

Burlington

$721,900

$660,000

+9.38%



                                 September 2019: Avg Days on the Market
                                          Oakville: 32   Burlington: 24


                              Year to Date: 2019 compared to 2018


Oakville/Burlington

 

YTD-2019


 

YTD-2018


 

% Change


#of Res Sale

Oakville

2,756

2,574

+7.07%

Burlington 

2,481

2,293

+8.20%


Average Sale $


Oakville

$1,027,058  

 $1,024,353 

 +0.26%

Burlington

$748,998

$735,287

+1.86%


Median Sale $

Oakville

$885,800

$875,000

+1.23%

Burlington


$685,000

$665,000

+3.01%


                                2019 YTD: Avg Days on the Market:
                                      Oakville: 31   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.


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