Oakville Weekly Market Report May 17-May 23
Resource based on The Oakville Milton and District Real Estate Board
Last week the market activities increased dramatically.
Number of units sold increased 76.5%, from 17 units to 30 units . Average sale price increased 16.9%, from $1,079,000 to $1,261,000. Days on the market remained almost the same, from 33 days to 32 days. Active listings on the market also remained almost the same, from 332 listings to 329. Phone calls and appointments made through our brokerage Remax Aboutowne both further increased. Overall, the market seems much more active.
How much exactly Covid-19 will affect the future real estate market? Nobody knows. 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.