Oakville Real Estate Market Snapshot June ’24

Oakville Real Estate Market Snapshot June ’24

June 28, 2024

Oakville Real Estate Market Snapshot June ’24

Today we take a look at the 30 day market snapshot for the City of Oakville. Sold listings and the average sales price are down for single family homes over the past 30 days in Oakville, with average days on the market down to 16 days. The average sale price is $1.81 million dollars. Taking a look at condos. Sold listings are down and the average sales price is up, with average days on the market up to 31 days. The average sale price of a condo in Oakville is $781 thousand dollars.

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Learn more about the Oakville Real Estate Market:

Oakville, Ontario, located in the Halton Region along Lake Ontario, is a vibrant town known for its picturesque landscapes, rich history, and exceptional quality of life. With a population of around 213,759, Oakville is the largest town in Ontario and part of the Greater Toronto Area (GTA)​ (Wikipedia)​​ (Homeania)​.

Reasons to Move to Oakville

  1. Quality Education: Oakville boasts excellent educational facilities, including a variety of high-performing public and private schools. The town’s graduation rate is significantly higher than the provincial average, making it a great place for families focused on education​ (AreaVibes)​.
  2. Beautiful Natural Setting: Oakville’s waterfront along Lake Ontario features two natural harbours, river trails, wooded areas, and formal gardens, providing plenty of outdoor activities like hiking, boating, and fishing. The scenic landscapes of Sixteen Mile Creek and the extensive trail system enhance the town’s appeal for nature lovers​ (Oakville)​​ (Homeania)​.
  3. Strong Community and Amenities: Oakville offers a blend of urban and small-town feel with its vibrant downtown, which hosts over 400 shops, services, and restaurants. The town has numerous parks, recreational facilities, and cultural spaces, including the Oakville Centre for the Performing Arts​ (Oakville)​​ (Homeania)​.
  4. Economic Opportunities: The town has a diverse economic base with national and international corporate headquarters in sectors like automotive, technology, aerospace, and pharmaceuticals. Oakville’s proximity to Toronto and excellent transport links via the QEW, 403, 407, and GO Transit make it an ideal location for professionals working in the GTA​ (Oakville)​.
  5. High Quality of Life: Oakville consistently ranks as one of the best places to live in Canada. Residents enjoy low crime rates, well-kept neighborhoods, a strong sense of community, and high-quality public services. The town also offers plenty of family-friendly activities and events throughout the year​ (Homeania)​​ (AreaVibes)​.

Resources and Links

Oakville Real Estate Market Snapshot June '24 - Oakville aerial shot
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