Oakville-Burlington Real Estate Update

07-12-2019 722 General 0 Comments


Oakville-Burlington...November 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...


                 November 2019 compared to November 2018

 

Oakville/Burlington

 

 

 

      Nov

     2019 

 

Nov

 2018

 

Change 


   #of Res   

Sales

 

Oakville

278

200

+39.0%

 Burlington

 

224

225

-0.44%  

 

Average 

Sale $ 


Oakville

 $1,022,463 

$995,813

+2.68%

Burlington

$783,445

$722,867

+8.38%


Median

Sale $



    Oakville

$906,250

$807,500

 +12.23%

Burlington

$731,250

$641,000

+14.08%


                         November 2019: Avg Days on the Market:
                                 Oakville: 31   
Burlington: 26



                            Year to Date: 2019 compared to 2018

 

Oakville/Burlington

 

 

YTD

2019

 

YTD

2018


 

% Change


#of Res Sales    


Oakville

3,378

3,044

+10.97%

Burlington 

2,983

2,796

+6.69%


Average Sale $



Oakville

$1,026,649  

 $1,027,247 

 -0.06%

Burlington

$753,887

$736,216

+2.40%


Median Sale $


Oakville

$890,000

$870,000

+2.30%

Burlington

$690,000

$660,000

+4.55%



                                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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