The New Street April 2019 Oakville Real Estate Report //
📊 The average price of a home in Oakville was $1,019,751 in April
📊 This figure is consistent from last month, up by less than 1%
📊 Down 2.2% from April 2018
📊 Condos took a bit of a dive in prices from last year, down 16% meanwhile semis were up 9%. Other home types remained fairly consistent.
📊 There was 343 sales in Oakville in April, up from last month by 21% as well as last year.
📊 All home types saw an increased amount of activity, with townhomes seeing a 21-46% increase in sales and detached homes jumping by 18%.
📊 There is currently 3.5 months of supply on the market in Oakville, which is higher than other neighboring cities, and the average sales to listing price ratio is 97%
The New Street April 2019 Burlington Real Estate Report //
📊 The average price of a home in Burlington was $792,690 in April
📊 This figure is up by 4% from the previous month of March
📊 Up 5% from April 2018
📊 Townhomes and Detached Home prices remained consistent while semis and condos were up in price by 17% and 12% respectively
📊 Sales volume was 272, up from last month by 27% and up from last year by 19%
📊 Condo and homes both saw a significant increase in sales of 17% and 26% respectively
📊 There is currently 2.4 months of supply on the market in Burlington, and the average sales to listing price ratio is 98%