Oakville-Burlington Real Estate Update August 2021

Saturday Sep 11th, 2021

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Oakville-Burlington...August 2021 residential re-sale housing sales summary as reported by the Oakville, Milton and District Real Estate Boardand the Realtors Association of Hamilton-Burlington...

 

 

Oakville: Active Listings: 138          # of Sales: 176      Months of Inventory: 0.78

Burlington: Active Listings: 146     # of Sales: 238      Months of Inventory: 0.61           

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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