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Despite industry warnings that the market would cool off in the last half of the year, we continue to notice a rise in Average Selling Price in Oakville for all styles of homes. Despite the challenges with COVID-19 and changes to the industry, the Real Estate Market remains strong and 2021 is looking even better!
We live, work and play in Oakville, and it is our goal to inform and share with you what's happening and why our communities are so special to us. Below you will find the December Market Snapshot for Oakville!
Across all styles of homes in Oakville, the Average Sales Price increased! Average Sales Price increased 29.1 percent to $1,782,965 for Detached homes, increased 12.1 percent to $901,772 for Semi-Detached/Townhouse homes and increased 49.7 percent to $898,950 for Condos. Detached/Semi/Town Homes are selling in record time too. Average Days on Market decreased 18.4 percent to 31 for Detached homes and decreased 52.3 percent to 21 for Semi-Detached/Townhouse homes. It’s a great time to sell in Oakville!
We would love to provide you with a neighbourhood market update for your area!
Contact us today for your neighbourhood report.