Oakville-Burlington Real Estate Update

Saturday Jan 07th, 2023


Oakville-Burlington...December 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: 220       

#of Sales December 2022: 66   

Months of Inventory: 3.33

Burlington: Active Listings: 240       

#of Sales December 2022: 104     

Months of Inventory: 2.31  

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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