Oakville, ON

Anyone else who has lived in Oakville for the last few years will share in the hope that there is a silver lining after years of frustration and time wasted on the QEW.  As a long time resident of Oakville, I can remember the days when you could enjoy quick travel times between Ford Drive and Third Line on the Oakville section of the Q.E.W.

OK, maybe not all the time - there was still rush hour, but you could count on decent traffic at other times of the day.  For the last couple years though, it hasn't mattered whether is was morning, noon or night on this stretch of highway.  Not helping things has been the constant construction, demolition and now finally reconstruction of the Fourth Line overpass bridge, reconstruction and expansion of the Third Line exits and now what I hope is the final stages of QEW expansion.

 I found this very cool animation on You Tube.  It shows the pre- construction view of this section of the QEW, then takes you through a computer animation of the expansion and final rendering of what we can expect.

I am sure all residents or future residents of Oakville would agree that we all hope this will help the traffic situation through Oakville.  I for one think it can only help.  With the recent rapid growth in homes in north Oakville, Glen Abbey and Joshua Creek it has put a strain on our transportation systems.  Dundas (Hwy 5.) has become a much more travelled section of road and is also undergoing expansion between Neyagawa and Third Line.

The last five years have witnessed a great boom in Oakville's Real Estate population and I am looking forward to the next five being less stressful when it comes to our highway travel.

Sales Statistics Jan - March 2008

Average Price: $524,419

Average Days on Market: 33

Units Sold: 744

% Selling Ratio: 97%

Sales Statistics Jan - March 2007

Average Price: 465,439

Average Days on Market: 41

Units Sold: 909

% Selling Ratio: 97%

DIFFERENCE YEAR OVER YEAR

12.67% increase in average price over 2007

Average days on market decreased 19.51%

Units Sold decreased 18.15 %

% Selling ratio remained unchanged at 97%

Statistics obtained from Oakville, Milton & District Real Estate Board

For Further Information on Oakville Area Stats Please Contact Jenny at www.openingdoorsinoakville.ca

No. of Residential Sales 317 282 -12.4%

Average1 Sale Price $495,086 $527,670 6.2%

Median2 Sale Price $411,500 $410,000 -.4%

1The average home price is found by adding the value of all sales and dividing by the number

of homes.

2The median sale price is the midpoint of all sales.

Source: Oakville, Milton and District Real Estate Board

No. of Residential Sales 294 278 -5%

Average1 Sale Price $466,601 $528,588 +13%

Median2 Sale Price $390,000 $425,000 +9%

1The average home price is found by adding the value of all sales and dividing by the number

of homes.

2The median sale price is the midpoint of all sales.

Source: Oakville, Milton and District Real Estate Board

For More Information on the Oakville, Ontario Real Estate Market

Call Jenny Kotulak Sales Representative

RE/MAX Aboutowne Realty Corp. Brokerage

Oakville, Ontario 905-842-7000

O.K. So this is my first BLOG. First of all I can't even figure out how to make the font bigger. I guess this will be a learning experience. I'm sure I am suppose to say something witty here and try to get Real Estate Consumers to call me over all the other Real Estate Sales Representatives who are Professioinal BLOGGERS.

First things first

Who Is Jenny Kotulak?

Oakville resident, mother of 4, selling Real Estate since 1989

Professional Volunteer (for the fun and definitely not for the money)

School PTA President for 4 years (Before School Councils replaced the PTA's)

Board of Directors --- 5th Year Oakville, Milton & District Real Estate Board (2008 Past President)

Proud RE/MAX Aboutowne Realty Corp. Brokerage Sales Representative

I enjoy working with both buyers and sellers. I love to help buyers get the most house for their money and I love to help sellers get the most money for their house!!!!

My client testimonials mention the words Available (Blackberry addict, I'm afraid), Capable (my Grade 4 teacher at E.J. James told me that also) and Reliable ( 4 kids, never lost one yet)

O.K. that's enough for now. I know I only have a few seconds to captivate your interest or you will move on....... Oh, but that's what I'm here to help you to do.

Cheers

Jenny

905 842 7000

www.OpeningDoorsInOakville.ca