As we move into September, the Oakville real estate market remains active, with a few key trends shaping the landscape. Here’s a breakdown of what’s happening in Oakville:

Market Overview

• Average Home Price: The average price for a home in Oakville has reached $1.75 million, holding steady as both buyers and sellers adjust to the current market conditions. This figure reflects a stable demand across various property types, from detached homes to townhomes.
• Inventory Levels: There’s been a 6% increase in inventory compared to last month, offering buyers more options. While some areas remain competitive, the additional listings have helped to balance supply and demand.
• Days on Market: Homes are averaging about 28 days on the market, a slight increase from August, signaling a more cautious approach from buyers as interest rates remain steady.

Key Market Trends

• Luxury Homes: Oakville’s luxury market continues to thrive, with properties priced over $3 million seeing consistent activity. High-end buyers, especially those relocating from Toronto, are drawn to Oakville’s waterfront estates and prestigious neighborhoods such as Morrison and Old Oakville.
• Condo Market: Condo sales have been more moderate, with an average price of $750,000. Demand for condos is primarily driven by downsizers and first-time buyers, though the market remains slower compared to detached homes.
• Buyer Behavior: Many buyers are adopting a wait-and-see approach, particularly with potential changes in interest rates looming. However, motivated buyers are still finding opportunities in Oakville’s market.

Neighborhood Spotlight: Joshua Creek

Joshua Creek continues to be a sought-after area, with homes averaging $1.9 million. Proximity to top-rated schools and the convenience of easy highway access make this neighborhood a favorite among families and professionals. Oakville Market Watch: Real Estate Update September 2024 highlights Joshua Creek as a key area to watch for continued growth.

What to Expect Moving Forward

As we enter the fall market, Oakville Market Watch: Real Estate Update September 2024 suggests that prices will likely remain steady, with slight fluctuations depending on neighborhood demand and property type. Buyers may find more negotiating power, particularly with homes that have been on the market for longer periods.

If you’re planning to buy or sell in Oakville, now is a great time to act, as the market is expected to shift again by year-end. Stay tuned for more insights in future Oakville Market Watch updates!

*Stats from Toronto Regional Real Estate Board (TRREB)

Have any questions about the Oakville Real Estate Market? Contact Realtor Sean Findlay at 905-450-8300 or Fill The Form Below!

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As we step into the fall season, Burlington’s real estate market is showing some interesting trends. Here’s a snapshot of the current market:

Burlington Real Estate Market Activity

• Average Home Price: The average home price in Burlington is sitting at approximately $1.15 million, slightly down from the summer months as we enter a more balanced market.
• Inventory: Inventory levels have increased by about 10%, offering more options for buyers, particularly in the detached and semi-detached home categories. More homes on the market means less competition for buyers, but it’s still competitive in the higher-end and luxury segments.
• Days on Market: Homes are staying on the market for an average of 24 days, up from 18 days in August. This slower pace may signal that sellers need to be more strategic with pricing and presentation to attract serious buyers.

Key Market Trends in Burlington, Ontario

• Condo Market: Condos in Burlington are seeing a surge in activity as buyers seek affordable options. The average price for a condo has risen to $670,000, reflecting strong demand from first-time buyers and downsizers.
• Interest Rates Impact: The recent pause in interest rate hikes has stabilized buyer activity. Many potential buyers who were waiting on the sidelines due to rising borrowing costs are now taking action, leading to increased showings and offers.
• Luxury Market: Properties over $2 million continue to attract buyers, particularly from Toronto and international investors seeking more space without sacrificing proximity to the GTA. Burlington’s waterfront properties and high-end homes in the Aldershot and Tyandaga neighborhoods remain top choices.

Burlington Neighborhood Spotlight: Aldershot

Aldershot is emerging as a hotspot for luxury home buyers and investors. New developments, proximity to the waterfront, and easy access to major highways are drawing attention to this part of Burlington. The average home price in Aldershot has now reached $1.75 million, with detached homes in high demand.

Looking Ahead

As we move through September, expect a continued cooling in price growth but steady buyer activity, particularly in the more affordable segments of the market. Sellers may need to adjust pricing strategies to remain competitive, while buyers are encouraged to take advantage of the current inventory levels before potential interest rate changes later in the year.

Stay tuned for further Burlington Real Estate Market Updates as we monitor the September 2024 market through the fall season. If you’re looking to buy or sell in Burlington, now is a great time to strategize and make your move!

*Stats from Toronto Regional Real Estate Board (TRREB)

Have any questions about the Burlington Real Estate Market? Contact Us Using The Form Below!

The post Burlington Market Watch: Real Estate Market Update – September 2024 appeared first on FINDLAY REAL ESTATE.

Real Estate Housing Market Report for October 2022

Current Burlington MLS® stats indicate an average house price of $1,065,309 and 768 new listings in the last 28 days. As of today, Burlington housing data shows median days on market for a home is 23 days. See below for Average Time On Market, Average Price for home in Burlington, Number of New Listings in Burlington and Number of House Listings Sold in Burlington.

Burlington Housing Inventory – October 2022

Check out the Burlington real estate “Hot Sheet” which details Monthly, Quarterly and Yearly changes to Burlington real estate trends. As well, a more detailed look into the average prices of homes in Burlington are detailed below:

About this Report

FindlayRealEstate.ca real estate market trends gives you an up-to-date look at the Burlington housing market. We’ve made real estate data like average house prices, housing inventory, and days on market readily available to you. The home price data we report is consistently refreshed, with the most recent coverage between September 04 – October 02. The report also includes percentages that represent the year-over-year change from the same period in 2021. Along with all these real estate statistics is a ranking of every city in the Greater Toronto area based on their home sold price, price growth, days on market, and turnover. This way, you get to see the Burlington housing market on a wider scale, and how it compares to other cities in the metro area. This market report was designed to give you new insights on both the Burlington real estate market and the Greater Toronto area so that you have a better idea of where you want to live. In addition to our market report, consider reviewing other MLS® stats, like the MLS® Home Price Index, to get a better perspective of the market.

Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you’re seeing is reported in real-time.

Burlington Real Estate Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period’s numbers are considered “pro-rated.”

For More Information About Toronto, Burlington or GTA Real Estate Statistics

If you’re looking for a more in-depth matrix of these statistics, please contact Realtor Sean Findlay

If you are looking to purchase or sell your home contact us using the form below.

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing SEO Real Estate Specialist

Proudly Buying & Selling Real Estate in Toronto, GTA, Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek, Hamilton, Grimsby & Niagara

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 905-450-8300 or Toll Free:1-888-450-8301 | Fax: 905-450-6736

Toronto Real Estate Office Located: 181 Queen St East, Brampton, ON, L6W 3A8 ( (by Appointment Only)
Stoney Creek Real Estate Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Burlington Housing Market Report | October 2022 Real Estate Trends & Stats appeared first on FINDLAY REAL ESTATE.

Current Market Statistics for March / April 2021

Residential Real Estate Market Activity: Hamilton-Burlington & GHA (Greater Hamilton Area)

The REALTORS® Association of Hamilton-Burlington (RAHB) reported a total of 2,074 sales of residential properties in March 2021. Sales were reported to be up by 63 per cent compared to last month, and up 73 per cent from last year March 2020.

When it came to new listings, there was an increase of 65 per cent compared to the pervious month, and up 53 per cent compared to the same time last year. It was also reported that the average price of a residential property for the entire RAHB area was $872,368, which is a 32 per cent increase compared to the same time last year.

 Residential Real Estate Market Activity

In the above chart, the Residential Market Activity, shows us how each neighbourhood in Hamilton did in terms of sales and average price, plus much more. The real estate communities tracked include Hamilton, Flamborough, Dundas, Ancaster, Waterdown, Stoney Creek & Burlington.

The market is currently a “hot sellers” market. We have buyers actively looking to purchase in these areas. If you own a house or condo in any of these Hamilton neighbourhoods you can take advantage of the hot sellers market and get a free home evaluation courtesy of Realtor Sean Findlay from Century 21.

The area that had the highest number of sales for March 2021 was the Hamilton Mountain, with a total of 293 sales of residential properties. The Hamilton Mountain had an average property price of $737,114, a significant increase compared to the same time last year. The area with the highest average property price was Flamborough at $1,348,714, with a total of 37 sales. Let’s now turn our attention to the map below and get a closer look at each area within Hamilton.

Average Price by District in Hamilton

The above map, Average Price by District, illustrates each neighbourhood in the Hamilton and surrounding areas. The areas that we need to take note of this month that had the highest number of sales were; 16, 18, 42, 46, 51 and 53.

Ancaster, located in area 42, had the highest number of sales with 100 for the month of March 2021. It was reported that in this area the average cost of a residential property was $1,142,559. Flamborough once again had the highest average price, it was $1,348,714 with a total of 37 sales for the month of March 2021. We can now take a look at the final chart the Hamilton Residential Table.

Hamilton Residential Market Stats Table

The final chart, Hamilton Residential Table, let’s us take an even closer look at the overall statistics for Hamilton. There were a reported 1,302 sales of residential properties in the Hamilton area, that’s a 74 per cent increase compared to the same time last year. The average cost of a property was $804,223, which is a 32 per cent increase compared to March 2020. The average days a property was on the market was 12 days, that’s 10 days less than the same time last year.

Conclusion: REALTORS® Association of Hamilton-Burlington March 2021 Market Statistics

In conclusion, the REALTORS® Association of Hamilton-Burlington reported a total of reported a total of 2,074 sales of residential properties in March 2021. Sales were reported to be up by 63 per cent compared to last month, and up 73 per cent from March 2020. When it came to new listings there was an increase fo 65 per cent, with the average price of a residential property of $872,368.

When it came to the number of sales of detached single family homes, RAHB reported an increase of 74 per cent compared to the same time last year. Townhomes saw an increase in sales as well with an increase of 74 per cent, and an average sale price of $734, 970. Apartment-style properties sae an increase of 68 per cent in sales and an average price of $519,586,

“The RAHB market area was close to record-breaking activity with a 63 per cent increase in sales, a 65 per cent increase in new listings and an overall increase in inventory by 27 per cent since last month. With the spring housing market upon us and the vaccine rollout ramping up, it appears more homeowners are feeling comfortable listing their home and we have started to observe an upturn of active listings. We have to acknowledge that the impact of the COVID-19 pandemic distorts housing statistics when comparing March 2021 to March 2020.” – RAHB President Donna Bacher.

For More Information About These Hamilton – Burlington Real Estate Statistics

If you’re looking for a more in-depth matrix of these statistics, please refer to to the Hamilton Real Estate Statistics for March 2021.

If you are looking to purchase or sell your home contact us using the form below.

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing SEO Real Estate Specialist

Proudly Buying & Selling Real Estate in Toronto, GTA, Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek, Hamilton, Grimsby & Niagara

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 905-450-8300 or Toll Free:1-888-450-8301 | Fax: 905-450-6736

Toronto Real Estate Office Located: 181 Queen St East, Brampton, ON, L6W 3A8 ( (by Appointment Only)
Stoney Creek Real Estate Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Hamilton – Burlington Real Estate Market Watch: March / April 2021 Update appeared first on FINDLAY REAL ESTATE.

Housing Market Report for January 2021

Here’s a closer look at what happened in December 31 – January 31, 2021 in the Burlington  Real Estate Market:

Burlington Housing Prices for January 2021

Burlington January 2021 | Real Estate Market Activity For Detached Homes

Note: +/- change calculated year-over-year

Burlington January 2021 | Real Estate Market Activity For Town Homes

Note: +/- change calculated year-over-year

Burlington January 2021 | Real Estate Market Activity For Condos

Note: +/- change calculated year-over-year

About this Report

A Look at What’s to Come

While we are seeing a steady climb in sales and prices—and an increase in consumer confidence across the country—let’s not forget that COVID-19 cases are also on the rise, which could impact the market as we go further into the winter season.

We will continue to take health and safety precautions with our clients and adjust our strategies as needed to ensure their utmost success.

Overall, the real estate market remains robust and active, and we look forward to achieving even more record-breaking results for our buyers and sellers in the Hamilton-Burlington region as we move forward.

If you are looking to Purchase a home in 2021, contact Realtor Sean Findlay for a Free Buyers Consultation.

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The article is now complete | Click To Return Findlay Real Estate Home Page 

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing Realtor
Proudly Serving Toronto & GTA | Mississauga, Brampton, Milton, Oakville, Burlington, Stoney Creek,  Hamilton, Grimsby, Niagara Falls, St Catherine’s, Niagara-On-The-Lake, Niagara Falls

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 905-450-8300 or Toll Free 1-888-450-8301 | Fax: 905-450-6736

Toronto Office Located: 181 Queen St Brampton, ON L6W 2B3 (by Appointment Only)
(Located conveniently at the border of Mississauga & Brampton – Major Intersection Steeles & Hurontario st. )

Stoney Creek Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Burlington Real Estate Market Update – January 2021 appeared first on FINDLAY REAL ESTATE.

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Here’s a closer look at what happened in September 2020 in the Real Estate Market:

Hamilton Real Estate Market Activity

Burlington Real Estate Market Activity

Real Estate Sales Activity

The RAHB reported 1,751 residential property sales for the month, up 37.67% over August and up 53.9% over September 2019.

In a typical year, September is a busy month for the real estate market—but this September was anything but typical. We experienced some of the highest sales activity our market has ever seen.

New Home Listings

Burlington’s new listings were up 18% compared to September 2019, while Hamilton’s new listings saw a 2% year-over-year increase.

Active Home Listings

The number of active listings fell in both cities in September: Hamilton saw a 44% decline year-over-year and Burlington’s active listings fell 25%.

This is an even steeper drop from last month, and with demand for real estate continuing to increase, the lack of active listings is causing prices to skyrocket as homes see multiple offers and regularly sell for over-asking.

Months of Inventory

Hamilton and Burlington both experienced a drop in months of inventory. Hamilton and Burlington now both sit at 0.9 months of inventory.

Average Days on Market

Residential homes sold faster in September 2020 than in a typical fall market, especially compared to September 2019.

In Hamilton, listings spent an average of 19.8 days on the market and Burlington homes typically sold in 19.7 days.

This is definitely in line with what our team experienced during September, as we consistently sold homes at record speed.

Average Prices

From August to September, the average price for a residential property in the Hamilton-Burlington region rose 3.8% to $721,354.

That’s a 19.8% increase in price from September 2019.

In Hamilton, this amounted to the average home price increasing 22%, year-over-year, to $664,330.

Home prices in Burlington also increased year-over-year, rising 18% and bringing the average to $912,794.

A Look at What’s to Come

While we are seeing a steady climb in sales and prices—and an increase in consumer confidence across the country—let’s not forget that COVID-19 cases are also on the rise, which could impact the market as we go further into the fall season.

We will continue to take health and safety precautions with our clients and adjust our strategies as needed to ensure their utmost success.

Overall, the real estate market remains robust and active, and we look forward to achieving even more record-breaking results for our buyers and sellers in the Hamilton-Burlington region as we move forward.

The article is now complete | Click To Return Findlay Real Estate Home Page 

Sean Findlay – Professional Realtor | Sales Representative | Digital Marketing Realtor
Proudly Serving Toronto & GTA | Mississauga, Brampton, Oakville, Burlington, Stoney Creek,  Hamilton, Grimsby, Niagara Falls, St Catherines, Niagara-On-The-Lake

CENTURY 21 Millennium Inc., Brokerage *
Office Phone Number: 1-888-450-8301 | Fax: 905-450-6736

Toronto Office Located: 181 Queen St Brampton, ON L6W 2B3 (by Appointment Only)
(Located conveniently at the border of Mississauga & Brampton – Major Intersection Steeles & Hurontario st. )

Stoney Creek Office Located: 280 Barton St, Stoney Creek, ON L8E 2K6 (by Appointment Only)

The post Hamilton-Burlington Real Estate Market Update Fall 2020 appeared first on FINDLAY REAL ESTATE.