Oakville Real Estate Market Report - April 2009

Oakville, Ontario: If you were ever looking for the right time to buy in Oakville, don't wait any longer as now is the time. With record low interest rates, large inventory of houses on the market and stabalizing prices, you might not want to miss out on the great opportunities to buy your Oakville dream property.


Average housing prices in Oakville are gradually catching up to the prices of last year at this time. April 2008 showed an average price of $509,291 where as houses in April 2009 have sold for an average of $506,672 representing only a 1% decrease from last year but a 12% increase from last month. The number of houses sold in Oakville have also climbed since last month, but are still below the numbers of 2008. In April of 2008, 352 houses were sold compared to 304 homes sold in April of 2009.


Looking to move into Oakville - now is the time to find your dream home at a price you can afford!

 

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