Oakville’s August detached home SNLR (Sales to New Listings Ratio) is at 33% and MOI (Months of Inventory) is at 6.1, which are the same as July.
Oakville single family home market Year over Year comparison:
Sales: Up 32.6%
New listings: Up 41%
Active Listings: Up 31.6%
MOI: Down 2%
Average Price: Down 7.6%
Median Price: Down 3.2%
What do these charts mean for the market? Call us for a chat.
In November, Oakville all home types SNLR (Sales to New Listings Ratio) is 38.6%. It’s getting close to a balanced market.
There’s a 5.7% YoY average price increase, a 62% YoY sales increase, and a 30% YoY new listings increase.
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