Oakville-Burlington Real Estate Update - September 2023

Thursday Oct 12th, 2023

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Oakville-Burlington...September 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: 440       

#of Sales September 2023: 132   

Months of Inventory: 3.3

Burlington: Active Listings: 440       

#of Sales September 2023: 135     

Months of Inventory: 3.2         

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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