Oakville Ontario Real Estate - Sales Statistics December 2009

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 11, 2010 -- The number of home sales in Oakville, Ontario in December 2009 increased by 106 % over last December. The year end numbers show that the Oakville real estate market is alive and well. Not only were the number of sales up, but both the average and median sale prices rose from the previous December.

All indications point to a healthy balanced market for the New Year. Interest rates remain at an all time low and first time buyers are driving the market. Inventory is low in Oakville resulting in many listings selling with multiple offers, often over list price.

Sales Statistics - Oakville, Ontario - December 2009 Compared to December 2008

Number of Sales: 163 - Up 106 %

Average Sale Price: $531,893 - Up 27%

Median Sale Price: $465,100 - Up 38%

Average Days On Market: 32


Year To Date Sales Statistics - 2009 Compared to 2008 - Oakville, Ontario

Number of Sales: 3305 - Up 14%

Average Sale Price: $527,152 - Up 3%

Median Sale Price: $435,000 - Up 4.4%

Average Days On Market: 40


Sales Statistics Source: OMDREB Tarasoft Matrix

For more information on the Oakville real estate market check out my website at www.oakvilleontariorealestate.ca Open 24/7 Everything you need to know about buying or selling at your fingertips.

If you are thinking of buying or selling in Oakville feel free to contact me for a personal consultation. Put my 20 years experience to work for you.




Thinking of Buying or Selling Property in Oakville, Ontario?

Jenny Kotulak Broker - RE/MAX Aboutowne Realty Corp. Brokerage, Oakville, Ontario 905-842-7000 905-842-7000


Past President Oakville, Milton & District Real Estate Board

Selling Oakville Real Estate Since 1989

www.oakvilleontariorealestate.ca

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