Oakville Real Estate Sales Statistics - August 2009
August 2009 Sales Statistics
Number of sales - 283
Average Sale Price - $526,636
Median Sale Price - $442,500
Average Days on Market - 41
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Year To Date - Jan.1 - Aug. 31, 2009
Number of sales - 2251
Average Sale Price - $502,763
Median Sale Price - $420,000
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Compared to August 2008
Number of sales - 210
Average Sale Price - $521,414
Median Sale Price - $430,500
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Compared Year to Date Jan. 1 - Aug. 31, 2008
Number of sales - 2292
Average Sale Price - $520,830
Median Sale Price - $423,000
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The number of home sales in Oakville rose in August 2009 by 34.8% over August 2008.
The average sale price in Oakville rose in August 2009 by 1% over August 2008.
The median sale price in Oakville rose in August 2009 by 2.8% over August 2008.
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The number of home sales in Oakville from Jan. 1 - Aug. 31, 2009 was down slightly from the same period of 2008 by 1.8%
The average sale price in Oakville from Jan.1 - Aug. 31, 2009 year to date was down slightly from the same period in 2008 by 3.5%
The median sale price in Oakville from Jan. 1 - Aug. 31, 2009 year to date was marginally lower at 0.7% from the same period last year.
August 2009 was the fourth consecutive month where the number of sales has outpaced the same months from 2008.
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Inventory is low in Oakville and it is fast becoming a seller's market. In certain price ranges bidding wars are taking place with multiple offers on homes that show well and are priced correctly.
------------------------------------------------------------------------------------For more information on the Oakville market please go to
www.oakvilleontariorealestate.ca
Contact Jenny for all of your real estate needs. Your Oakville Community REALTOR® since 1989.
Past President Oakville, Milton & District Real Estate Board
Statistics Source - OMDREB Tarasoft Matrix