Oakville Condos Market Information for Condominiums and Townhomes in Oakville, Ontario
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Condo and Townhome Buyer Package for Oakville, Ontario



Here is some historical sales data for the Townhome market in Oakville.

Townhomes Sales Statistics:
Month & Year
Average List Price
Average Sell Price
Sell Ratio
Average Days
On Market
Units Sold
Nov 06
$281,312
$273,093
97%
43
16
Oct 06
$299,446
$293,389
97%
28
19
Sep 06
$287,673
$282,500
98%
40
15
Aug 06
$256,042
$249,125
97%
46
28
Jul 06
$309,329
$303,134
97%
46
25
Jun 06
$331,136
$322,648
97%
42
22
May 06
$272,310
$255,250
93%
28
30
Apr 06
$250,900
$245,873
97%
36
27
Mar 06
$253,156
$249,553
98%
33
30

Condos Appeal to First-Time Buyers (CMHC July 2006)
Rising home prices have played a key role in declining demand for low-rise housing. Ground-oriented home types have become too expensive for a large proportion of first-time buyers and some existing home owners as well. Results from CMHC’s Consumer Intentions to Buy or Renovate Survey suggest that first-time buyer intentions have dropped noticeably compared to last year.

Households that have decided to purchase a new home have increasingly turned to condominium apartments, including those in traditional high-rise developments as well as stacked town homes. These housing types are available at lower price points.