Thoughts & Happenings

As we have come through a tumultuous year and reflect on market performance, it’s safe to say it was an unusual year, although, quite robust for the real estate industry as a whole. This is especially evident as we examine the numbers in Q4 2020.

Activity levels are on the rise for the 3rd consecutive week in Oakville. Although the average sale price was down a touch, it is great to see a wider range of sales at all price points. Contact us for a more in-depth review and analysis of the market at info@goodalemillerteam.com or 905-338-2121.

For the second week in a row we have an increase in new listings, as inventory numbers start to rise. Sales numbers are reflective of the increase in activity with last week displaying not only the most sales in the past 2 months, but also the highest average sale price. Although we are far from the typical spring market conditions, we are seeing an upward trend in activity. Contact us for a more in-depth review and analysis of the market at info@goodalemillerteam.com or 905-338-2121.

Over the past week we saw a minor increase in sales in Oakville along with more showing activity. Interestingly enough, there were several sales above asking. The next 2-3 weeks will be telling, as some businesses are starting to open and hopefully the weather warms up! Contact us for a more in depth review and analysis of the market

October 2019 GTA Real Estate Market Stats. Interested in learning more about your specific neighbourhood? Send us a message or call us at 905-338-2121.

It’s a buyer’s market, for the most part. This is consistent in the Oakville real estate market, as well as the higher priced segments in Mississauga, Burlington and Milton. We measure the health of the market based on the most recent sales activity (30-day unit sales) compared to the number of active listings at a given day. As you see in the chart (categorized into Seller’s, Balanced or Buyer’s markets), market segments are performing at far different levels.

September 2019 GTA Real Estate Market Stats. Interested in learning more about your specific neighbourhood? Send us a message or call us at 905-338-2121.

August 2019 GTA Real Estate Market Stats. Interested in learning more about your specific neighbourhood? Send us a message or call us at 905-338-2121.

We know we’ve had a slow start this year, but the market has picked up considerably since mid-May and the overall sentiment is quite positive, more so now than any other point in 2019. TREB reports average prices have risen 3% this year in the GTA, new listings are lower than in 2018 at this time and sales are on par or slightly higher in 2019 vs 2018.

July 2019 GTA Real Estate Market Stats. Interested in learning more about your specific neighbourhood? Send us a message or call us at 905-338-2121.