Oakville, Ontario Sales Statistics - June 2009

Oakville Ontario - June 2009 - Home Sales

# of Sales - 401

Average Sale Price - $515,807

Median Sale Price - $439,000

Average Days on Market - 41

The number of sales year to date - 1587

The average sale price year to date - $500,066

The median sale price year to date - $418,000

The number of home sales in Oakville, Ontario was up 18% over June 2008. The average sale price was down by 1% from June 2008. The median price was up 4%.

Year to date in 2009 sales are down 12% over the same period last year. The average price is down by 5% and the median price is down only 2%.

The increase in the number of sales may be the beginning of a trend which began last month with the number of sales in May topping May 2008.

Inventory is low in a number of price ranges in Oakville and as a result some homes are now selling very quickly for list price and over list price with multiple offers. There are many factors to take into consideration when pricing your home to sell.

For Oakville neighbourhood sales stats and everything you need to know about buying and selling at your fingertips, 24/7 please visit www.oakvilleontariorealestate.ca

Statistics - Source - Oakville, Milton & District Real Estate Board - Tarasoft Matrix