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July 2022 Oakville Market Update

JulyMarketUpdate

Here’s Oakville’s Market update for July 2022 as compared to July 2021. The Average Price is up this month from a year ago in Oakville at 7.1% I’m curious to see what August will bring. The number of active listings is also up by 114% and number of units sold is 42.6%. The average days on market are at 30 days up from 18 days last July making it a more balanced market. The market is leveling out and adjusting to the increase in Bank Rates another increase is predicted for September. Over the long term the market will continue to go up. Don’t wait, lock in now and find your perfect home.

If you’re thinking about making a move (or know someone who is) I’m only a text, call, or email away! 

Be sure to check out my free local Facebook Group, Meet Me In Oakville. It’s a great place to connect with other community members and get weekly updates on the best events and happenings in and around town!

Ready to buy a home? I have some recommendations for great lenders. Just send me an email at meetmeinoakville@gmail.com or call or text me at 905-399-7229. No pressure, no sales tactics, just the help and guidance that you need

Claudia Chopik

Claudia Chopik

Hi, there! I’m Claudia, the founder of Meet Me In Oakville – A strong tribe of Oakville residents who get weekly information about the best events, restaurants, shopping, activities, and real estate In and Around Oakville, Ontario.