Oakville Weekly Market Report (Feb 14- Feb 20)
Resource Based on The Oakville Milton and District Real Estate Board
Last week the number of units sold was 132 units, increased 11.9 % from previous week’s 118 units. Average sale price decreased 9.9 %, from $1,597,490 to $1,438,794. Days on the market from 28 days to 10 days, 64.3% shorter. Active listings on the market were 317 units, decreased 8.6 % from previous week’s 347 units. Phone calls made decreased 0.3%, appointments booked through our brokerage Remax Aboutowne increased 10.9 %. Overall, market was very hot, inventory decreased, it is still seller’s market. Medium to high priced house was very popular.
Let’s keep watching next week’s market update.
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