Oakville-Burlington Real Estate Update - February 2023

Tuesday Mar 07th, 2023


Oakville-Burlington...February 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: 261       

#of Sales February 2023: 119   

Months of Inventory: 2.19

Burlington: Active Listings: 271       

#of Sales February 2023: 168     

Months of Inventory: 1.61  

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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