May 2021 Market Intelligence
| Has the inferno been put out or are the embers just as hot? |
| Hi everyone. I hope you are all safe and sound and anxious to come out of our lockdown. During this lockdown we still sold 523 properties in Oakville, down 14% from March’s 623. Our average selling price decreased 4% down to $1,458,793 in large part to the 8% decrease in the average price of townhomes. |
Burlington was very similar to Oakville in that we sold 14% less properties selling 391 compared to 454 in March. Burlington also had a 4% price decrease down to $1,055,023 compared to $1,098,714 in March.
In Milton we sold 19% less properties in April than in March, but the average price increased by 2% to $1,061,348 in April from $1,037,207 in March.
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