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Glen Abbey Real Estate Market Report, Oakville - February 2010
Glen Abbey, one of Oakville's most affluent neighbourhoods, is located in the west central part of the City of Oakville.
It is world reknowned for it's famous golf course, Glen Abbey.
Designed by Jack Niklaus, Glen Abbey Golf Course, with it's picturesque landscaping along Sixteen Mile Creek, hosts the Canadian Open.
The community of Glen Abbey was originally a large tract of farmland which began development in the early '80s.
Today Glen Abbey consists of a wide variety of residential homes, businesses, churches, schools and parks.
With it's amenities and extensive system of walking trails, it is one of Oakville's most desirable communities.
View Glen Abbey Community - Oakville in a large map
Property sales were very active for the month of February, this year, with 31 sales at an average sales price of $534,255 . This is quite a jump over the average sale price in February 2009 which was $305.050 .
Homes in Glen Abbey are selling much quicker this year than in 2009 with an average time on the market of only 11 days in the month of February 2010. It took an average of 48 days for a home to sell in February 2009.
With a relative shortage of listings for sale in the Glen Abbey area, now is an excellent time to sell.
Buyers who wish to live in the Glen Abbey Community would be making an excellent investment when buying a home here.
To have a list of all townhouses, condominiums and detached homes currently available in the Glen Abbey area of Oakville emailed to you
or to find out the market value of your Glen Abbey home,
contact Jo-Anne Smith at 289-837-2132 or by email at OakvilleAndBeyond@gmail.com
For regular updates on how the real estate market in Glen Abbey, Oakville is doing, become a subscriber to this blog or to www.OakvilleAndBeyond.com .
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Jo-Anne Smith, the author of this article, is a REALTOR® with Brekland Realty Group, Oakville, Ontario and welcomes your real estate inquiries. To contact her, visit www.oakville-burlingtonhomes.com |
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Glen Abbey, a popular Oakville neighbourhood was a planned community which began development in 1981. What was once 1000 acres of farmland grew quickly to include a variety of different types of dwellings, parks, open space, schools, churches, trails and bike paths. And let's not forget the world famous Glen Abbey Golf Course, home to the Canadian Open and designed by Jack Nicklaus. Glen Abbey Golf Course overlooks the banks of the 16 Mile Creek which is the eastern boundary for this neighbourhood. Glen Abbey sits north of the Queen Elizabeth Way highway and stretches to Upper Middle Road to the north and Bronte Road to the west. The prestigious homes of Fairway Hills overlook the golf course with many backing onto the holes themselves. Dorval Crossing shopping plazas at the south end of Glen Abbey provide amenities with shopping, dining, banking and professional services. Glen Abbey Recreational Centre on Third Line offers family swimming and skating, an Oakville Library branch, fitness and community rooms. The Oakville GO west station is handily located off Third Line south of the QEW. Home styles in Glen Abbey range from condo apartments, to condo townhomes, freehold townhomes, semi-detached and fully detached homes. A large number of Mattamy and Greenpark homes range in size between 3000 and 4000 square feet with many sitting on ravine properties. Glen Abbey is a family oriented neighbourhood and was designed with many cul de sacs and crescents. Glen Abbey is one of Oakville's most sought after areas to call home. Entry level homes in Glen Abbey are priced around $300,000. Average prices for detached, 2 storey, 4 bedroom, 3 bath, 2 car garage properties range from $500,000 - $550,000.
For information on other popular Oakville neighbourhoods, please click on the links below.
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