Oakville, ON

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

A couple of months ago, Oakville town council reviewed the results of a report measuring the satisfaction and priorities of Oakville residents. Craig Worden, the Vice-President of Public Affairs at Pollara (the market research firm conducting the poll) had this to say about the 2009 Oakville Citizen survey results - "Based on experience this is among the most positive results I've every seen. It's really quite uncanny that we had to point to areas of improvement but those areas you actually had positive scores on".

This is an excellent survey to flip through, especially if you're curious about what people have to say about Oakville. To view a copy of the report, please click on this link 2009 Oakville Citizen Survey.

To learn more about issues affecting Oakville, please contact me at 905.338.9000, lindsay@remaxaboutowne.com or visit my website at www.lindsaywalls.com.

Regards,

Friday evening and I was off to show condos in beautiful Bronte Village. The Four "Ennisclare" condominium buildings on Marine Drive in Oakville appeal to those who desire lakeside living with luxurious amenities. Some of the units I showed had stunning views from the balconies of the Toronto skyline at sunset. Others overlooked Bronte harbour and outer marina.

I can only imagine waking up every morning and seeing Lake Ontario from my bedroom. After the showings, I decided to take a walk down the Bronte Pier. Dusk was setting in and the area was quiet, peaceful and serene.

A few anglers were grouped together on the end of the pier and a smattering of strollers were watching the last sailboats returning to their berths. Although the calendar says it's July, there was a slight chill in the air.

Oakville truly is a wonderful place to call home.

Lake Ontario - Bronte Pier

Day is done - Red sky at night - Sailors delight

Where ya goin' ?

Darkness is coming - Heading back to the marina

I was showing condos tonight in the Ennisclare buildings on the right side of the photo

Beacon Light beckoning the last sailors back to harbour

A great note to end the evening on.

Did you ever have one of those days when your head felt like it just wasn't on straight?

Do you remember your Mother telling you she had eyes in the back of her head?

Have you heard that hindsight is 20 - 20?

Do you remember those driving lessons and being told "eyes straight ahead?"

Has anyone ever told you that you have a good head on your shoulders?

Have you ever uttered the words "that's just ducky?"

In mid-June, Halton District School Board trustees confirmed the final ruling on the Southeast Oakville (Ward 3) public school closures. After months of debate and community input, the trustees voted in favour of an option put forth known as Hybrid 3B. If you’re like me, Hybrid 3B means nothing to you so I’ve summarized what this means below.

The following 3 schools will be closed as of September 2010: Brantwood, Chisholm and Linbrook. A new elementary school will be built in Clearview and the remaining schools of Maple Grove, EJ James and New Central will remain open.

Facts:

• Maple Grove, EJ James and Clearview all qualify for a full-time Principal, Vice Principle and SERT (Special Education Resource Teacher). New Central will not qualify for a Vice Principal
• School closure project is expected to result in a positive cash flow of roughly $3.9 million after proceeds from land disposition and construction costs are accounted for
• Expected to reduce bussing requirements from 858 students to 565 students (34% drop)
• Ideal elementary school size has been deemed 450 students
• Total Southeast Oakville enrolment capacity is 1677 students. Projected enrolment in 2015 expected to be roughly 1470 students
• Construction costs are required to accommodate student enrolment changes (and school supplies) at the new and existing schools

Interested in knowing exactly where your child will be attending? Click on this link to see the proposed school boundary maps for the area. Note that the Halton Board has a tendency to change boundaries based on enrolment projections so the boundaries may change between now and September 2010.

If you have questions about this or any other topic related to Oakville real estate, please contact me at 905.338.9000, lindsay@remaxaboutowne.com or visit my website at www.lindsaywalls.com.

Regards,