Oakville-Burlington Real Estate Update
Friday Jan 07th, 2022
Oakville-Burlington...December 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: 50 #of Sales: 96 Months of Inventory: 0.52
Burlington: Active Listings: 50 #of Sales: 133 Months of Inventory: 0.38
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.