Oakville Weekly Market Report ( June 7-June 13)
Resource based on The Oakville Milton and District Real Estate Board
Last week the number of units sold increased 39.5 %, from 43 units to 60 units. Average sale price on the other hand, decreased 6.3%, from $1,314,700 to $1,232,263. Days on the market was a little bit shorter, from 30 days to 28 days. Active listings on the market continued to increase by 7.3%, from 398 listings climbed up to 427 units. First time of the year, there were over 400 units for sale. Phone calls and appointments made through our brokerage Remax Aboutowne both decreased a little bit. Overall, there are more inventory, and more buyers are taking actions.
Is it the end of side effect of Covid-19? It is too early to make this conclusion. Let’s keep watching next week’s market update.
We update Oakville real estate market report on a weekly basis, as well as detailed sold properties information for the previous week, such information includes property address, community, asking price, sold price, type of the property, detailed information of each listing, room sizes, descriptions, and more pictures and even virtual tours of that property. If you are interested in active listings currently on the market, or hot new listings or properties sold in other areas, please let us know, we will customize the information according to your criteria. We are always here to help with all your real estate needs. So please sign up the form at the bottom of this page, we will deliver such info and updates straight to your mailbox every week.