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04 Mar 17 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 red hot housing market in Oakville is heating up even more this year as we begin to approach the spring market. Lower than usual supply, and unprecedented demand have driven prices to an all new high. The average price of a home in Oakville rose by a whopping 43.53 per cent last month to $1 428 664 as compared to the average price of $995 357 that was reported in February of 2016. The median price of an Oakville home came in at $1 250 000 representing a 41.92 per cent increase over last Februarys median price of $880 750. Read more...

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20 Feb 15 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 off to a strong start so far in 2015 according to figures recently released by the Oakville, Milton and District Real Estate Board (OMDREB) The average price of a house in Oakville for January of 2015, was $808 105, which represents a 7.83 per cent increase over the average price of $749 456 that was reported in January of last year. The median price of an Oakville home rose 12.08 per cent over last year to $694 900. 135 homes in Oakville changed hands in January, which is pretty consistent with the activity we saw last January when there were 137 home sales. The average number of days it took for a home to sell in January was 30. Read more...

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19 Aug 14 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

Oakville home sales heated up in July according to figures released recently by the Oakville Milton & District Real Estate Board (OMDREB) The number of Oakville residential sales in July climbed 12.44% over the same month last year and the average price of a home in Oakville this July rose 6.85% over July of 2013. The year to date average price of a home in Oakville came in at $808 805 representing a 7.62% increase over the same period in 2013 while the median home price rose 8.98% to $689 000 from the $632 000 median price reported in July 2013. Detached home sales accounted for 61% of the total homes that sold in Oakville during the month of July. Of all the detached homes that sold last month, 21.4% sold for a price between $800 000 and $1 000 000, while another 29.7% sold for a price that was over $1 000 000. Putting these numbers together shows that over half of all the detached homes that sold in Oakville last month had a price tag that exceeded $800 000. Read more...

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11 Jul 13 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 remained healthy through the first half of 2013 according to statistics recently released by the Oakville, Milton and District Real Estate Board, and by the Toronto Real Estate Board. The average price of a home in Oakville was $744 724 in June, up 4.93% from June 2012. Year to date, the average price of an Oakville Home is $755 154, representing a 6.95% increase over the same time last year. The total number of home sales also increased last month with Oakville Real Estate agents reporting 283 sales, which represents a 7.2% increase over June of 2012. Read more...

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07 Jun 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

While it has been unusually warm outside so far this spring, it seems that the real heat is in the Oakville Real Estate market. The high demand for resale homes in Oakville, and the tight supply of Oakville homes for sale has helped push prices to a new high. The average price of a home in Oakville came in at $709 417 this May, up 13.62 per cent over the average price of $624 366 that was reported in May of 2011, and represents a 1.5 per cent increase since April of this year. Oakville Real Estate Agents reported 409 homes sold in May, which was exactly the same number of Oakville homes that sold in the same month last year. There has been a slight increase in the number of new listings, and this should help take some of the pressure off of buyers, and make it a little easier for them to find a home since there is a better supply of Oakville homes for sale. Read more...

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Greek philosopher and student of Plato (384 - 322 BC)