Oakville Real Estate Statistics – September
Wednesday Oct 10th, 2018Share
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 balanced market with 3.7 months of inventory. The demand is higher for homes less than 800,000.
Here are few more stats compared to previous years.
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