The MoneyShow (Friday, September 16th - 17th) covers topics that are either hot-button issues or those with additional complexity by taking a laser-focused approach
Oakville Home Price
Canada’s national median home listing price this month is $290,900, which means that Oakville is in the top 20% for Canada.
When our research team crunched the numbers we calculated that Oakville has a median home price of $799,900.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Oakville is the neighbourhood that has the 36th most properties available to real estate investors in Ontario.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Oakville will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Oakville there is more stock than three months ago. This would indicate pressure on prices easing.
Across the country as a whole, Oakville is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Ontario is $335,000 , which means that Oakville’s median price is $424,886 considerably better than the rest of the province.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Oakville has a huge choice compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Oakville is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Oakville there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
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