Market Watch – September 2016

September 2016 – Monthly Resale Housing Figures for Oakville & Area

“We’re continuing to see a trend of low supply, however, sales prices continue to climb” said Charlotte Forget, President of OMDREB (Oakville, Milton & District Real Estate Board).

The average price of an Oakville resale home sold through the Oakville/Milton MLS® system in September was $1,118,572 – up by 38.8% versus the $806,103 average price recorded in September 2015.  Oakville’s median residential sale price for September was $980,000, up by 36.11% versus the September 2015 median price of $720,000.

Here are the latest real estate sales figures for Oakville: Market-Watch-Oakville-September-2016

And Milton:Market-Watch-Milton-September-2016

Jason Mercer – Director, Market Analysis, discusses the Market Watch Report for September 2016 in the GTA