Oakville-Burlington Real Estate Update

Friday Nov 11th, 2022

Share

Oakville-Burlington...October 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...

 

Oakville: Active Listings: 339       

#of Sales October 2022: 132   

Months of Inventory: 2.57

Burlington: Active Listings: 410       

#of Sales October 2022: 171     

Months of Inventory: 2.40      

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