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Burlington Stats - May 2019

Wednesday Jun 12th, 2019

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Market Update – May 2019 Burlington has seen a decrease by 5% in Average price of home sales in the month of May compared to last year. We have also seen a decrease in sales activity in the month of May 337 sold compared to last year 341 homes sold. We had 1.7 month of inventory which shows that we have a tight inventory and it is seller’s market. We are seeing multiple offers in homes that show well and priced well too. Feel free to contact US for... [read more]

Oakville Real Estate Market Stats-May 2019

Tuesday Jun 11th, 2019

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Oakville Market Update - May 2019 We are seeing a decrease in the number of listing in the month of May by 11.7%. However we had higher sales activity in the month of May 2019 compared to last year by 3.8% The real estate market is balanced market with 2.9 months of inventory. We are seeing multiple offers for property that are priced well and show well too. Feel free to contact US for complimentary no obligation Market Value of your area. [read more]

Oakville Stats- April 2019

Thursday May 02nd, 2019

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Oakville Market Update - April 2019 We are seeing an increase in the number of listing in the month of April by 16.1%. We also had higher sales activity in the month of April 2019 compared to last year by 66.5% The real estate market is seller market with 2.2 months of inventory. We are seeing multiple offers for property that are priced well and show well too.   For your complimentary Market Stats of your neighbourhood Contact Us.   [read more]

Burlington Stats - March 2019

Wednesday Apr 17th, 2019

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Market Update – March 2019 Burlington has seen an increase by 0.11% in Average price of home sales in the month of March compared to last year. We have seen an increase in sales activity in the month of March 258 sold compared to last year 240 homes sold. We had 1.9 month of inventory which shows that we have a tight inventory and it is seller’s market. We are seeing multiple offers in homes that show well and priced well too.   Feel free... [read more]

Oakville Market Update for January 2019

Tuesday Feb 26th, 2019

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Market Update – January 2019   We are seeing lower number of listing in the month of January was 391 compared to last year 394 listing in the same month. We also had lower sales activity in the month of January  compared to last year only 104 homes sold compared to January 2018 we had 109 homes sold. The real estate market is balanced market with 3.8 months of inventory. The demand is higher for homes less than 700,000. Median Price of Oakville homes have... [read more]

Burlington Stats - January 2019

Wednesday Feb 20th, 2019

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Market Update – January 2019 Burlington has seen an increase by 4% in Average price of home sales in the month of January compared to last year. We have seen an increase in sales activity in the month of January 143 sold compared to last year 138 homes sold. We had 2.6 month of inventory which shows that it was still sellers’ market. We are seeing multiple offers in homes less than 650k. Feel free to contact US for complimentary no obligation Market Value of... [read more]

Burlington Stats - December 2018

Thursday Jan 31st, 2019

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Market Update – December 2018 Burlington has seen an increase by 6% in Average price of home sales in the month of December compared to last year. We had lower sales activity in the month of December compared to last year 116 homes sold compared to December 2017 we had 159 homes sold. We had 2.6 month of inventory which shows that it was still sellers’ market. Contact Us  for Complimentary Market Evaluation about your neighbourhood. [read more]

Oakville Real Estate Market Stats-December 2018

Monday Jan 14th, 2019

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We are seeing a very low inventory number of listing in the month of December was 388 compared to last year 395 listing in the same month. We also had lower sales activity in the month of December  compared to last year only 120 homes sold compared to December 2017 we had 204 homes sold. The real estate market is balanced market with 4.6 months of inventory. The demand is higher for homes less than 700,000. The good news the Benchmark price for a composite type of homes in... [read more]

Oakville Real Estate Market Stats-November 2018

Thursday Dec 20th, 2018

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We had lower listing in the month of November 280 compared to last year 325 listing in the same month. We had lower sales activity in the month of November compared to last year only138 homes sold compared to November 2017 we had 204 homes sold. The real estate market is balanced market with 4.1 months of inventory. The demand is higher for homes less than 700,000. The good news the Benchmark price for a composite type of homes in Oakville in November is higher $1,044,200 compared... [read more]

Most Common Mistakes in Pricing Seller Makes

Wednesday Nov 14th, 2018

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Here are 4 Most Common Pricing Mistakes to avoid:   1. PRICING TOO HIGH FROM THE START   Fix: Statistics show that homes priced correctly when they first hit the market sell closer to the asking price than homes that start too high, then have to adjust downward.   2. USING AN ODD LIST PRICE, LIKE $864,257   Fix: Always price in round numbers! Realtors® search for homes using price categories – make sure your pricing makes sense when agents... [read more]

Burlington Stats - October 2018

Monday Nov 12th, 2018

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Market Update – October 2018   Burlington has seen an increase by 7%  in Average price of home sales in the month of October compared to last year We had lower sales activity in the month of October compared to last year 267 homes sold compared to October 2017 we had 286 homes sold. The sales-to-new-listings ratio, which can point to whether a market is in favour of sellers (above 60 per cent) or buyers (below 40 per cent) was 64.9 per cent. This is higher than... [read more]

Oakville Real Estate Statistics – September

Wednesday Oct 10th, 2018

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Market Update – September 2018 Oakville has seen a decrease in Average price of home sales in the month of September compared to last year, the prices has decreased by 6.3%. Last year prices in September increased since buyers were rushing to purchase prior to stress test rules being applied. We had lower sales activity in the month of September compared to last year only 169 homes sold compared to September 2017 we had 189 homes sold. The real estate market is almost... [read more]

Burlington September 2018 Market Update

Tuesday Oct 09th, 2018

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Market Update – September 2018 Burlington has seen a decrease in Average price of home sales in the month of September compared to last year, the prices has decreased by 2%. We had higher sales activity in the month of September compared to last year 247 homes sold compared to September 2017 we had 209 homes sold. The real estate market is balanced market with 2.1 months of inventory. The demand is higher for homes less than 650,000. Feel Free to Contact US for... [read more]

Burlington August 2018 Market Update

Tuesday Oct 09th, 2018

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Market Update –August 2018 Burlington has seen an increase in Average price of home sales in the month of August compared to last year, the prices has increased by 7.8%. This indicates that real estate market is picking up. We had lower sales activity in the month of August compared to last year only 189 homes sold compared to August 2017 we had 207 homes sold. The real estate market is seller market with 1.3 months of inventory. The demand is higher for homes less than... [read more]

Burlington July 2018 Market Update

Tuesday Oct 09th, 2018

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Market Update –July 2018 Burlington has seen an increase in Average price of home sales in the month of August compared to last year, the prices has increased by 11.4%. This indicates that real estate market is picking up. We had lower sales activity in the month of July compared to last year only 171homes sold compared to July 2017 we had 212 homes sold. The real estate market is seller market with 1.5 months of inventory. The demand is higher for homes less than... [read more]

Renovations that Add Value to your home

Tuesday Sep 25th, 2018

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Which Renovations Add Value to Your Home?   I often get asked what type of renovations is recommended. Are all renovations and upgrades bring  high return on Value. The answer is No.  So what projects get you the most bang for your home renovation buck? 1. Add a fresh coat of paint. Painting is the cheapest way to add value to your home. On average, a gallon of paint costs around $25, leaving you plenty of money to buy rollers, tape, drop cloths and brushes.... [read more]

Oakville Real Estate Statistics – August

Tuesday Sep 25th, 2018

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Market Update – August 2018 Oakville has seen an increase in Average price of home sales in the month of August compared to last year, the prices has increased by 1.5%. The average price has also increased by 7.6% compared to July 2018. This indicates that real estate market is picking up. We had lower sales activity in the month of August compared to last year only 172 homes sold compared to Aug 2017 we had 185 homes sold. The real estate market is almost balanced market... [read more]

Oakville Real Estate Statistics – July Oakville

Tuesday Aug 28th, 2018

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Market Update – July 2018 Oakville has seen an increase in median price of home sales in the month of July compared to last year, the prices has increased by 5.9%.   The total number of new listing was 330 lower than 2017 by 1.8%, however we had an increase in sales 204 sold which is more by 32.5% than July 2017.   Here are few more stats compared to previous years. [read more]

Burlington June 2018 Market Update

Tuesday Jul 24th, 2018

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  Burlington has seen a decrease in average price of home sales in the month of June compared to last year, the prices has dropped by 4.7%. Freehold properties which include Detached, semi-detached and Townhouses have seen the following activies in the month of  June 2018 compared to June 2017 There were a decrease in listing in 2018 compared to 2017 by 39.2% Burlington has also seen a decrease in Sales in 2018 v.s 2018 by 9%   Condo market that... [read more]

Oakville Real Estate Statistics – June Oakville

Thursday Jul 19th, 2018

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Market Update – June 2018 Oakville has seen a decrease in average price of home sales in the month of June compared to last year, the prices has dropped by 0.2%.   The total number of new listing was 676 lower than 2017 by 15.2%, however we had an increase in sales 371 sold which is more by 5.7% than June 2017.   Average number of days to sell a detached home was 29, semi-detached: 25, condo-townhouse: 37, condo-apartment: 36, and Attached/Row/Townhouse:... [read more]

Oakville Real Estate Statistics – May Oakville

Wednesday Jun 20th, 2018

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Market Update - May 2018   Oakville has seen a decrease in average price of home sales in the month of May compared to last year, the prices has dropped by 4.6%.   The total number of listing was 660 lower than 2016, we had 254 houses sold however in 2016 we had 796 less by 17.1%. Average number of days to sell a detached home was 25, semi-detached: 22, condo-townhouse: 26, condo-apartment: 29, and Attached/Row/Townhouse: 22. Listing prices vs sales prices were... [read more]

Burlington April 2018 Market Update

Tuesday May 22nd, 2018

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Burlington Market Update - April 2018   Burlington has seen a decrease in average price of home sales in the month of April compared to last year, the prices has dropped by 5.8%. However the averegae price is still higher than 2016 by 15.36%.   The average number of days to sell a detached home was 23, semi-detached: 15, condo-townhouse: 26, condo-apartment: 26, and Attached/Row/Townhouse: 14. Listing prices vs sales prices were extremely close. A detached home... [read more]

Oakville Real Estate Statistics - April 2018

Thursday May 10th, 2018

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Oakville Market Update - April 2018   Oakville has seen a decrease in average price of home sales in the month of April compared to last year, the prices has dropped by 8.8%. However the averegae price is still higher than 2016 by 2.7%.   The average number of days to sell a detached home was 23, semi-detached: 25, condo-townhouse: 27, condo-apartment: 44, and Attached/Row/Townhouse: 26. Listing prices vs sales prices were extremely close. A detached home sold for... [read more]

Oakville Market Stats - March 2018

Tuesday Apr 10th, 2018

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Oakville Market Update - March 2018   Oakville has seen a decrease in average price of home sales in the month of March compared to last year, the prices has dropped by 20.3%. However the averegae price is still higher than 2016 by 10.7%. The average number of days to sell a detached home was 17, semi-detached: 7, condo-townhouse: 21, condo-apartment: 36, and Attached/Row/Townhouse: 17. Listing prices vs sales prices were extremely close. A detached home sold for 97.3% of the... [read more]

Oakville Real Estate Statistics - February 2018

Saturday Mar 24th, 2018

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Oakville Market Update - February 2018   Oakville has seen a decrease in average price of home sales in the month of February compared to last year, the prices has dropped by 27.5%. However the averegae price is still higher than 2016 by 14.5%. The average number of days to sell a detached home was 29, semi-detached: 19, condo-townhouse: 30, condo-apartment: 32, and Attached/Row/Townhouse: 27. Listing prices vs sales prices were extremely close. A detached home sold for 96% of... [read more]

Burlington Stats - February 2018

Wednesday Mar 21st, 2018

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Burlington Market Update - February  2018   All property listings were 15 per cent lower than the same month last year and 21.4 per cent lower than the 10-year average. Here are the details of the Market Stats as per RAHB Board. [read more]

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