Oakville Business CorridorHousing market

Oakville Business Corridor

Oakville Business Corridor Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

14

Days of inventory (DOI)*

DOI 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 DOI of +3 months indicates a buyers's market, where homes are selling slowly and there are more homes than available buyers.

41

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*

28 active

New

10(+11.11% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 8, in 2023: 7, in 2022: 2

Total Sold Listings*

2 sold

Median Sold Price

$597,500

Avg Days on Market

41 days

Median Bidding

-$31,950

Compared to number of sold, same period, in 2024: 5, in 2023: 3, in 2022: 4

*Data is for the month of February

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

Unknown for 60 Old Mill Rd #206, Oakville Ontario L6J 7V9

5 days on market

Up to7K Cashback

60 Old Mill Rd #206, Oakville

Condo221000-1199 sq ft

Listed by RE/MAX HALLMARK REALTY LTD.

Patio, building for 55 Speers Rd #1013, Oakville Ontario L6K 0H9

5 days on market

Up to5K Cashback

55 Speers Rd #1013, Oakville

Condo11500-599 sq ft

Listed by Century 21 Signature Service

Unknown for 40 Old Mill Rd #PH2, Oakville Ontario L6J 7W2

11 days on market

Up to6K Cashback

40 Old Mill Rd #PH2, Oakville

Condo1+11800-899 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Just sold - Oakville Business Corridor

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

Sold 17 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 20 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 27 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