Oakville-Burlington Real Estate Update
Tuesday Aug 09th, 2022
Oakville-Burlington...July 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...
Active Listings: 350
#of Sales July 2022: 133
Months of Inventory: 2.63
Active Listings: 396
#of Sales July 2022: 186
Months of Inventory: 2.13
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.
Post a comment