Oakville Business CorridorHousing market

Oakville Business Corridor

Oakville Business Corridor Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

7

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

32

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

26 active

New

10(+11.11% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 11, in 2023: 4, in 2022: 2

Total Sold Listings*

4 sold

Median Sold Price

$565,250

Avg Days on Market

32 days

Median Bidding

-$21,500

Compared to number of sold, same period, in 2024: 5, in 2023: 11, in 2022: 9

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Oakville Business Corridor - All types

Sold vs Active vs New vs Relisted - Oakville Business Corridor - All types

Sold Price Distribution - Oakville Business Corridor - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Oakville Business Corridor - All types

Property type distribution based on data from the last 3 months.

Median Price - Oakville Business Corridor - All types

Just listed - Oakville Business Corridor

Open concept kitchen, unknown for 55 Speers Rd #1510, Oakville Ontario L6K 0H9

23 hours on market

Up to5K Cashback

55 Speers Rd #1510, Oakville

Condo11500-599 sq ft

Listed by ROYAL LEPAGE PREMIUM ONE REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 40 Old Mill Rd #Gla6, Oakville Ontario L6J 7W2

1 day on market

Up to12K Cashback

40 Old Mill Rd #Gla6, Oakville

Condo2+121600-1799 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Unknown for 65 Speers Rd #PH3, Oakville Ontario L6K 0J1

5 days on market

Up to7K Cashback

65 Speers Rd #PH3, Oakville

Condo22800-899 sq ft

Listed by CENTURY 21 MILLER REAL ESTATE LTD.

Just sold - Oakville Business Corridor

Lobby for 60 Old Mill Rd #PH3, Oakville Ontario L6J 7V9

Sold 37 days ago

Sold for $1,150,000

$48K below asking

60 Old Mill Rd #PH3, Oakville

Condo231400-1599 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

Unknown for 65 Speers Rd #1508, Oakville Ontario L6K 0J1

Sold 40 days ago

Sold for $538,000

$27K below asking

65 Speers Rd #1508, Oakville

Condo1+11600-699 sq ft

Listed by SUTTON GROUP - SUMMIT REALTY INC.

Unknown for 65 Speers Rd #222, Oakville Ontario L6K 0J1

Sold 47 days ago

Sold for $538,500

$7K below asking

65 Speers Rd #222, Oakville

Condo1+11600-699 sq ft

Listed by RIGHT AT HOME REALTY

Population and Demographics

Overview

Total population 11495

Average household income $186,657

Age (%)

0 to 19

24%

50 to 64

22%

35 to 49

21%

65 and plus

17%

20 to 34

17%

Household composition (%)

Single family

75%

Single person

22%

Multi person

3%

Multi family

1%

Mother tongue (%)

English

74%

Mandarin

6%

Others

4%

Arabic

2%

Spanish

2%

Portuguese

2%

Urdu

1%

Italian

1%

French

1%

Polish

1%

House tenancy (%)

Owners

76%

Renters

24%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance