Oakville-Burlington Real Estate Update - August 2023

Monday Sep 11th, 2023


Oakville-Burlington...August 2023 residential re-sale housing sales summary as reported by the Oakville, Milton and District Real Estate Board and the Realtors Association of Hamilton-Burlington...




Oakville: Active Listings: 340       

#of Sales August 2023: 127   

Months of Inventory: 2.68

Burlington: Active Listings: 322       

#of Sales August 2023: 186     

Months of Inventory: 1.73  

 0-3 Months = Seller’s Market  /  3-4 Months = Balanced Market  /  4+ Months = Buyer’s Market

*The average home price is found by adding the value of all sales and dividing by the number of homes.

*The median sale price is the midpoint of all sales.

Source: Oakville, Milton and District Real Estate Board (OMDREB) and Realtors Association of Hamilton-Burlington (RAHB). Statistics are never 100% accurate - they are a tool to be used in conveying a pattern that reflects trends and changes.


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