Back-To-School Market Keeps Halton REALTORS® Busy

Back-To-School Market Keeps Halton REALTORS® Busy
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Dionne Galan

Dionne Galan

Dionne Galan was the Communications Manager at Oakville, Milton and District Real Estate Board from December 2011 to July 2014. She graduated from the Public Relations Program at Ryerson University.

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According to figures released today by The Oakville, Milton and District Real Estate Board (OMDREB), the number of sales were up 15.5 per cent in September compared to the same period in 2012. Monthly sales totaled 618 compared to 535 in September 2012. The number of year-to-date sales increased by 2.8 per cent.

“Our members processed a significant amount of property sales to kick off the fall real estate market,” said Aziz Kanjee, President of OMDREB. “While Oakville’s residential median sale price increased slightly, Milton experienced a significant increase.”

The dollar volume of all sales processed through the OMDREB MLS® system increased in September 2013 to $305,650,702 from $242,361,725 in September 2012– up 26.1 per cent. The dollar volume of sales year to date increased by 6.6 per cent year over year from 2012 to 2013.

Oakville’s median sale price for the month of September was $578,000, an increase of 1.6 per cent compared to September 2012. The median sale price in Milton was $456,500, a rise of 11.6 per cent compared to the same time last year.

Oakville Residential Type : Units Sold by Type

Detached :131

Semi/Link/Townhouse: 50

Condo Apartment/TH: 45

Oakville Sep-13 Sep-12 % Change
No. of Residential Sales 226 191 18.33%
Average Sale Price $677,583 $665,926 1.75%
Median Sale Price $578,000 $569,000 1.58%
Oakville YTD 2013 YTD 2012 % Change
No. of Residential Sales 2185 2174 0.51%
Average Sale Price $740,180 $698,050 6.04%
Median Sale Price $630,000 $590,750 6.64%



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