River OaksHousing market

River Oaks

River Oaks Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

6

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.

50

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*

99 active

New

67(+6.35% YoY)

Relisted

1(-50.00% YoY)

Compared to number of active, same period, in 2024: 53, in 2023: 24, in 2022: 13

Total Sold Listings*

16 sold

Median Sold Price

$740,500

Avg Days on Market

50 days

Median Bidding

-$18,400

Compared to number of sold, same period, in 2024: 25, in 2023: 24, in 2022: 32

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - River Oaks - All types

Sold vs Active vs New vs Relisted - River Oaks - All types

Sold Price Distribution - River Oaks - All types

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

Property Type Distribution - River Oaks - All types

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

Median Price - River Oaks - All types

Just listed - River Oaks

Pool for 2242 Grand Ravine Dr, Oakville Ontario L6H 6B1

18 hours on market

Up to23K Cashback

2242 Grand Ravine Dr, Oakville

Detached443000-3500 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Home with brick exterior material, street for 568 Marlatt Dr, Oakville Ontario L6H 5X3

18 hours on market

Up to18K Cashback

568 Marlatt Dr, Oakville

Detached44- sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Unknown for 2272 Mowat Ave #76, Oakville Ontario L6H 5L8

1 day on market

Up to8K Cashback

2272 Mowat Ave #76, Oakville

Condo3+141200-1399 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Just sold - River Oaks

Home with brick exterior material, street for 185 Littlewood Dr, Oakville Ontario L6H 6T8

Sold for $1,249,900

185 Littlewood Dr, Oakville

Semi-Detached332000-2500 sq ft

Listed by RE/MAX ABOUTOWNE REALTY CORP.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 2365 Central Park Dr #405, Oakville Ontario L6H 0C7

Sold 4 days ago

Sold for $592,000

$7K below asking

2365 Central Park Dr #405, Oakville

Condo22800-899 sq ft

Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY

Living room with furniture, unknown for 39 Hays Blvd #5, Oakville Ontario L6H 0J1

Sold 4 days ago

Sold for $640,000

$19K below asking

39 Hays Blvd #5, Oakville

Condo22900-999 sq ft

Listed by CENTURY 21 MILLER REAL ESTATE LTD.

Population and Demographics

Overview

Total population 24160

Average household income $185,537

Age (%)

0 to 19

25%

50 to 64

22%

35 to 49

21%

20 to 34

18%

65 and plus

13%

Household composition (%)

Single family

78%

Single person

19%

Multi person

2%

Multi family

0%

Mother tongue (%)

English

68%

Mandarin

8%

Others

4%

Arabic

4%

Spanish

3%

Urdu

2%

Polish

2%

Portuguese

2%

Yue (Cantonese)

1%

House tenancy (%)

Owners

78%

Renters

22%

Top 5 Schools in River Oaks

St. Andrew Catholic Elementary School145 Millbank Dr, L6H 6G3, Oakville, ON

8.5/10

Public•JK-8

Post's Corners Public School2220 Caldwell Dr, L6H 6B5, Oakville, ON

7.8/10

Public•JK-8

Holy Trinity Catholic Secondary School2420 Sixth Line, L6H 5Z8, Oakville, ON

7.7/10

Public•9-12

River Oaks Public School2173 Munn's Ave, L6H 3S9, Oakville, ON

7/10

Public•JK-8

Our Lady of Peace Catholic Elementary School391 River Glen Dr, L6H 5X5, Oakville, ON

6.8/10

Public•JK-8

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large 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

Few or no 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