Southwest OakvilleHousing market

Southwest Oakville

Southwest Oakville Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

10

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.

37

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*

19 active

New

13(+44.44% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 16, in 2023: 10, in 2022: 4

Total Sold Listings*

2 sold

Median Sold Price

$3,275,000

Avg Days on Market

37 days

Median Bidding

-$149,999

Compared to number of sold, same period, in 2024: 3, in 2023: 4, in 2022: 7

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Southwest Oakville - All types

Sold Price Distribution - Southwest Oakville - All types

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

Property Type Distribution - Southwest Oakville - All types

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

Median Price - Southwest Oakville - All types

Just listed - Southwest Oakville

Home with brick exterior material, street for 114 Sybella Dr, Oakville Ontario L6K 2L8

23 hours on market

Up to22K Cashback

114 Sybella Dr, Oakville

Detached4+231500-2000 sq ft

Listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES

Home with brick exterior material, street for 165 Walby Dr, Oakville Ontario L6L 4C9

Re-listed 4 days ago

$•••,•••

Up to21K Cashback

165 Walby Dr, Oakville

Detached3+141500-2000 sq ft

Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE

Home with brick exterior material, street for 1031 Lakeshore Rd, Oakville Ontario L6L 1E7

Re-listed 11 days ago

$•••,•••

Up to52K Cashback

1031 Lakeshore Rd, Oakville

Detached4+173500-5000 sq ft

Listed by BAY STREET GROUP INC.

Just sold - Southwest Oakville

Home with brick exterior material, street for 269 Westwood Dr, Oakville Ontario L6L 4Y1

Sold 4 days ago

Sold for $3,050,000

$203K below asking

269 Westwood Dr, Oakville

Detached322000-2500 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Unknown for 1349 Sedgewick Cres, Oakville Ontario L6L 1X9

Sold 11 days ago

Sold for $1,580,000

$150K below asking

1349 Sedgewick Cres, Oakville

Detached3+121100-1500 sq ft

Listed by RE/MAX Escarpment Realty Inc., Brokerage

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 11 Birch Hill Lane, Oakville Ontario L6K 2P1

Sold 17 days ago

Sold for $4,800,000

$96K below asking

11 Birch Hill Lane, Oakville

Detached475000 + sq ft

Listed by EXP REALTY

Population and Demographics

Overview

Total population 4054

Average household income $272,783

Age (%)

0 to 19

24%

50 to 64

24%

65 and plus

19%

35 to 49

18%

20 to 34

15%

Household composition (%)

Single family

79%

Single person

18%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

76%

Mandarin

5%

Others

4%

Arabic

3%

Italian

2%

Tagalog (Pilipino, Filipino)

2%

Portuguese

1%

Urdu

1%

French

1%

House tenancy (%)

Owners

85%

Renters

15%

Top 3 Schools in Southwest Oakville

École Élémentaire Patricia-Picknell1257 Sedgewick Cres, L6L 1X6, Oakville, ON

9.6/10

Public•JK-6

Thomas a Blakelock High School1160 Rebecca St, L6L 1Y9, Oakville, ON

8/10

Public•9-12

St. Thomas Aquinas Catholic Secondary School124 Dorval Dr, L6K 2W1, Oakville, ON

7.7/10

Public•9-12

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

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