OAKVILLE REAL ESTATE MARKET | ROSS BRIDGES REAL ESTATE TEAM
In February, Oakville has continued the trend set by January of a much more active winter than past years with 49% more sales than this time last year and up 71% from last month. Homes are being sold in very short amounts of time with an average of 11 days on the market. In many cases, with multiple offers and for over asking price. February's average selling to listing price was 106%, up from 101% in January and 98% December.
Low Months of Inventory (MOI - see below), shows that we are in a sellers market (click here to learn more about the market terms). As the chart below shows, there are differences depending what type of home you are interested in.
Wondering what to do about selling? Worried about buying? Contact us today 905-220-1848 and let the experts guide you through the process and help you determine what is best for your personal circumstances.
We use professional stagers and photographers to prepare your home for sale and have excellent financial advisors to help you with getting a leg on or up that ladder!
In addition to different types of homes, we have different neighbourhoods.Ross Bridges Real Estate Team - Helping you find your way home!
