Hot Hot Hot

Extremely low lending rates, low inventory, and a pandemic induced focus on where we live have contributed to a red hot real estate market, eclipsing March of 2017 finally. Oakville had an 80% increase in the number of properties sold in September 2020 vs September 2019, and enjoyed a 24% increase in the average sales price year over year, thats literally 2% per month.

We sold 356 properties in Burlington in September 2020 compared to 206 in September of 2019 which is a 72% increase in the number of properties sold year over year. The average sale price was $915,994.00 this year compared to $820,569.00 last year which is represents an 11.6% increase year over year (not quite Oakville numbers but still very good).

We sold 285 properties in Milton in September of 2020 compared to 171 last September for a 66% increase in sales volume. The
average price jumped from $741,829 last September to $910,000 this September for an increase of 22%.