Oakville Real Estate Statistics – August

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 with 3.2 months of inventory. The demand is higher for homes less than 850,000.

Here are few more stats compared to previous years.

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