Market Watch – June 2017

July 11, 2017

June 2017 – Monthly Resale Housing Figures for Oakville & Area

“As we continue to see a shift in the market, we’re interested in how the year will unfold,” said Dennis Horton, 2017 President of OMDREB (Oakville Milton and District Real Estate Board).

According to figures released July 5 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales decreased by 30.33 per cent in June compared to the same period in 2016. Monthly property sales totaled 703 compared to 1,009 in June 2016.

Oakville’s median residential sale price for the month of June was $992,500 an increase of 28.48 per cent from $901,777 compared to June 2016. The median sale price in Milton was $745,395, an increase of 24.63 per cent from $638,156 compared to the same time last year.

Here are the latest real estate sales figures for Oakville:

And Milton:

Jason Mercer – Director, Market Analysis, discusses the Market Watch Report for June 2017 in the GTA