The New Street March 2019 Oakville Real Estate Report //
📊 The average price of a home in Oakville was $1,011,664 in March
📊 This figure is up by 2.6% from the previous month of February
📊 Down 1.7% from March 2018
📊 All home types saw an increase in price of around 5%, with Condo Towns and Semis leading the way, up 16% and 7.5% respectively
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📊 There was 284 sales in Oakville in March, up from last month by 80% and on par with last year, up about 1%
📊 There was a decrease of 15% in sales of detached homes compared to last year but condos and condo townhomes were up over 30% in sales volume
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📊 There is currently 3.6 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 March 2019 Burlington Real Estate Report //
📊 The average price of a home in Burlington was $762,243 in March
📊 This figure is up by 10% from the previous month of February
📊 Down 2.8% from March 2018
📊 Although the average price was down for most home types, detached homes did see an increase of approximately 1%. Condos saw the biggest drop, down 12%
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📊 Sales volume was 215, up from last month by 42% and up from last year by 14%
📊 Condo sales saw the largest increase with 42 sales, up 44% from last year. With the price up, sales also increased by over 9% for detached homes.
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📊 There is currently 2.4 months of supply on the market in Burlington, and the average sales to listing price ratio is 98%