October Market Update

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Demand at the Ennisclare & Ennisclare II on the Lake condos, with their spacious units, well-maintained buildings and grounds, and a reputation for encouraging an active adult lifestyle, remains incredibly strong. Unit prices have significantly increased over the past year and continue on that trend. As the autumn market comes to a close, we anticipate continued demand for units in Ennisclare.

Looking at Oakville as a whole, the average price of a resale home sold through the Oakville-Milton MLS® system in October was $1,133,495 up 34.41% over last year. On a year to date basis, the average price was $1,054,423 up 25.63% over last year. The median sale price in October was $995,000 which was up by 33.56% over last October. 

The Oakville resale market recorded 269 sales through the Oakville-Milton MLS® system in October, up by 7.17% versus the 251 units sold in October 2015. Year-to date sales remain up over last year by 7.67% (2,991 units versus 2,778 units last year).

The real estate market in Oakville continues to be very strong with a lot of demand from buyers to live in our great community.

Click below for detailed statistics in regards to available and sold listings in the month of October. 

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Anita Sullivan

Anita brings 30 years of experience in sales, marketing and customer service to her career as a Sales Representative with Royal LePage on the Rina DiRisio Team. She believes in honesty and integrity and consistently provides exceptional one-on-one service to each and every client. You can count on Anita to listen to you, provide market knowledge and guide you through the process of buying or selling your home. In order to serve her clients better, Anita has achieved the designations as an Accredited Buyer’s Representative, Certified Negotiation Expert, and Seniors Real Estate Specialist.