Oakville-Burlington Real Estate Update - July 2023

Oakville-Burlington...July 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: 317       

#of Sales July 2023: 129   

Months of Inventory: 2.46

Burlington: Active Listings: 313       

#of Sales July 2023: 201     

Months of Inventory: 1.56  

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.