Oakville-Burlington Real Estate Update

Monday Dec 06th, 2021


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

Months of Inventory:

Oakville: Active Listings: 104     #of Sales: 203    Months of Inventory: 0.51

Burlington: Active Listings: 92   #of Sales: 224   Months of Inventory: 0.41           

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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