Oakville Home Prices

Monday May 03rd, 2021

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Oakville Home Prices May 2021

 

In April we saw a slight cooldown in the GTA Real Estate Market. But did the Oakville market rebound in May 2021?

 

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Below you will find key statistics such as Number of Solds, Average Sold Price and Average Days on Market.  Oakville features many types of properties, such as DetachedSemi Detached, Townhouses, Condo Apartments and Condo Townhouses - the statistics have been categorized accordingly.

 

Detached Homes:

May 2021:

Number of Solds: 235 

Average Sold Price: $1841660

Average Days on Market: 11 

 

Number of Solds:

A total of 235 Detached Homes were sold in Oakville during May 2021. This is a decrease of 56 from the previous month. Compared to May 2020, it's an increase of 146.

Average Sold Price:

The average sold price in May 2021 was $1,841,660. This is a decrease of $74,226 or 3.9% from the previous month. Compared to May 2020, it's an increase of $403,299 or 28.0%.

Average Days on Market:

It took a total of 11 days on market to sell in May 2021. This is the exact same as the previous month. Compared to May 2020, it's a decrease of 20.

 

Semi Detached Homes:

May 2021:

Number of Solds: 12 

Average Sold Price: $1181208

Average Days on Market: 6 

 

Number of Solds:

A total of 12 Semi Detached Homes were sold in Oakville during May 2021. This is a decrease of 12 from the previous month. Compared to May 2020, it's an increase of 4.

Average Sold Price:

The average sold price in May 2021 was $1,181,208. This is an increase of $22,520 or 1.9% from the previous month. Compared to May 2020, it's an increase of $327,458 or 38.4%.

Average Days on Market:

It took a total of 6 days on market to sell in May 2021. This is a decrease of 1 from the previous month. Compared to May 2020, it's a decrease of 9.

 

Townhouses:

May 2021:

Number of Solds: 72 

Average Sold Price: $1110550

Average Days on Market: 8 

 

Number of Solds:

A total of 72 Townhouses were sold in Oakville during May 2021. This is a decrease of 30 from the previous month. Compared to May 2020, it's an increase of 36.

Average Sold Price:

The average sold price in May 2021 was $1,110,550. This is an increase of $12,698 or 1.2% from the previous month. Compared to May 2020, it's an increase of $189,711 or 20.6%.

Average Days on Market:

It took a total of 8 days on market to sell in May 2021. This is a decrease of 2 from the previous month. Compared to May 2020, it's a decrease of 8.

 

Condo Townhouses:

May 2021:

Number of Solds: 38 

Average Sold Price: $955540

Average Days on Market: 16 

 

Number of Solds:

A total of 38 Condo Townhouses were sold in Oakville during May 2021. This is a decrease of 9 from the previous month. Compared to May 2020, it's an increase of 22.

Average Sold Price:

The average sold price in May 2021 was $955,540. This is an increase of $195,508 or 25.7% from the previous month. Compared to May 2020, it's an increase of $377,304 or 65.3%.

Average Days on Market:

It took a total of 16 days on market to sell in May 2021. This is an increase of 7 from the previous month. Compared to May 2020, it's a decrease of 12.

 

Condo Apartments:

May 2021:

Number of Solds: 41 

Average Sold Price: $690124

Average Days on Market: 14 

 

Number of Solds:

A total of 41 Condo Apartments were sold in Oakville during May 2021. This is a decrease of 38 from the previous month. Compared to May 2020, it's an increase of 23.

Average Sold Price:

The average sold price in May 2021 was $690,124. This is a decrease of $127,688 or 15.6% from the previous month. Compared to May 2020, it's an increase of $106,005 or 18.1%.

Average Days on Market:

It took a total of 14 days on market to sell in May 2021. This is an increase of 1 from the previous month. Compared to May 2020, it's a decrease of 28.

 

Overall:

May 2021:

Number of Solds: 405 

Average Sold Price: $1494658

Average Days on Market: 11 

 

Number of Solds:

A total of 405 Overall were sold in Oakville during May 2021. This is a decrease of 153 from the previous month. Compared to May 2020, it's an increase of 231.

Average Sold Price:

The average sold price in May 2021 was $1,494,658. This is an increase of $28,429 or 1.9% from the previous month. Compared to May 2020, it's an increase of $383,581 or 34.5%.

Average Days on Market:

It took a total of 11 days on market to sell in May 2021. This is the exact same as the previous month. Compared to May 2020, it's a decrease of 17.

 

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