Sales volumes for the month were 201, down almost 50% from a year ago but keeping pace with this September's 206 sales. Prices are still holding for the most part with the average sale price for a detached 2-storey home coming in just over $700,000. Oakville is still one of the most expensive places to live in the GTA.
There were 17 homes sales above $1,000,000. The average time to sell took a respectable 35 days.
There were 14 rental sales 3 of which were condo apts. September '10 had 71 rental sales.
Now that the power plant is no longer a threat to our community we and interest rate hikes are holding we will experience a renewed sense of activity in the market going forward.
