Oakville-Burlington Real Estate Update

Thursday Mar 10th, 2022


Oakville-Burlington...February 2022 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: 166     #of Sales: 212   Months of Inventory: 0.78

Burlington: Active Listings:167  #of Sales: 266   Months of Inventory: 0.63           

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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