Blog  //  Oakville Real Estate by Ryan Crane

09 Mar 12 Posted by Ryan Crane in Oakville Real Estate Market | 0 comments

Oakville Real Estate and GTA Market Watch

Oakville Real Estate and GTA Market Watch

The Oakville real estate market has been very healthy so far this year, and all indications suggest it is picking up strength coming into the spring market. The mild winter and lack of snow has had many buyers out looking earlier than usual, and the limited number of Oakville homes for sale has led to many homes selling quickly, often within days of coming on the market. The average price of a home in Oakville came in at $685 155 last month, representing a 6.4 per cent increase over the average price in February 2011. The median sale price of an Oakville home rose by 15.3 per cent over the same period last year to $576 000. Oakville Real Estate Agents reported 272 homes sold in February, which was up 10.5 per cent over the number of Oakville homes that sold in the same month last year. The number of new listings for the month was also up by 3.3 per cent over the new listings reported in February 2012. While there are more new listings, the tight supply of Oakville homes for sale and the number of buyers in the market continues to push prices higher. Read more...

16 Dec 11 Posted by Ryan Crane in Oakville Real Estate Market | 0 comments

Oakville Real Estate and GTA Market Watch

Oakville Real Estate and GTA Market Watch

The healthy fall market continued in November and early December throughout the GTA and the Oakville Real Estate area according to figures recently released by The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board. Greater Toronto and Oakville Realtors reported 7,092 residential transactions through the TorontoMLS® system in November – up 11 per cent in comparison to November 2010. At the same time, the number of new listings was up by 14 per cent in comparison to last year. There was also a healthy increase in the number of Oakville Homes for Sale. The average price for November transactions in the GTA was $480,421, representing an increase of almost 10 per cent over the $437,494 that was reported in November 2010. The average sale price in Oakville came in at $588,557. Year to date, the average prices are up 8.5 percent in Oakville and year-to-date sales were up by 8.8 percent, reflecting the market’s strong showing over the past several months. Oakville Real Estate Agents reported monthly sales totalling 642. Read more...

18 Nov 11 Posted by Ryan Crane in Oakville Real Estate Market | 0 comments

Oakville Real Estate and GTA Market Watch

Oakville Real Estate and GTA Market Watch

The Oakville Real Estate market is on track for a strong finale to 2011 as home sales remain brisk, according to figures released recently by the Oakville, Milton and District Real Estate Board. The average price of an Oakville home increased to $641 909 in October, representing a gain of 16.6 per cent over the $550 636 average price reported in October 2010. The average selling price of a home in the GTA came in at $478 137, which was up eight per cent compared to the same time last year. October sales of existing homes reported by Milton and Oakville Realtors through the OMDREB MLS® system totalled 754 – a 12.3 per cent increase over October 2010, and year-to-date sales showed a 9 percent gain over 2010. There are also more Oakville homes for sale as new MLS listings in the area were up by more than 10 percent in October 2011. Read more...

15 Oct 11 Posted by Ryan Crane in Oakville Real Estate Market | 0 comments

Oakville Real Estate and GTA Market Watch

Oakville Real Estate and GTA Market Watch

Resale housing sales continue to be strong in the Oakville Real Estate market, and throughout the GTA according to statistics recently released by The Oakville & Milton District Real Estate Board (OMDREB) and the Toronto Real Estate Board. The average price of a home in the GTA rose by 9.3 per cent in September to $465 369 compared to the $425 757 reported in September 2010. The average price of a home in Oakville came in at $582 316. GTA and Oakville Realtors reported 7,658 transactions in September – a 25 per cent increase over September 2010. Sales during the first three quarters of 2011 amounted to 70,588, representing a 2.6 per cent increase compared to the first nine months of 2010. Read more...

30 Sep 11 Posted by Ryan Crane in Oakville Real Estate | 0 comments

Win a luxury dream home in Oakville

Win a luxury dream home in Oakville

Oakville is home to some of the most impressive real estate in Canada, and now, you could be the proud owner of one of the most outstanding new residences in town. Oakville is pleased once again to be the chosen site for the Princess Margaret Welcome Home Sweepstakes Showhome. Located at 1259 Braeside Drive, off of Morrison Road, this Grand Prize is valued at just under $4 million. Kevin Shea, Manager of Public Relations for The Princess Margaret Hospital Foundation explains why the area continues to be the ideal site. “Southeast Oakville has been our location of choice for The Welcome Home Sweepstakes Showhome since 2007, and it continues to draw big crowds to see the amazing work of House & Home and PCM Construction.” Read more...

 

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