Friday, November 6, 2015

September 2015

The average sale price for a detached 2-storey home was $1,148,000 this September.  In June that average was $1,144,000.  Many sales had multiple Offers and 265 properties changed sold. The majority of properties sold in less than a month.

62 properties, which included 7 condo apartments and 20 bungalows & lofts, sold above $1,000,000.

The September rental market was active with 242 properties renting ranging in price from $1050/mth for a 1BR apt on Kerr street to $8500/mth for a detached home in Southeast Oakville.

Financing remains very attractive with 5 year mortgage money bing offered as low as 2.44% & variable at 2.05%.

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