West Oak Trails
West Oak Trails

West Oak Trails Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

7

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.

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*

137

New

92(+91.67% YoY)

Relisted

2(-33.33% YoY)

Compared to number of active, same period, in 2024: 42, in 2023: 26, in 2022: 13

Total Sold Listings*

21

Median Sold Price

$1,089,000

Avg Days on Market

37 days

Median Bidding

-$20,000

Compared to number of sold, same period, in 2024: 29, in 2023: 22, in 2022: 57

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - West Oak Trails - All types

Sold vs Active vs New vs Relisted - West Oak Trails - All types

Sold Price Distribution - West Oak Trails - All types

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

Property Type Distribution - West Oak Trails - All types

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

Median Price - West Oak Trails - All types

Population and Demographics

Overview

Total population 30594
Average household income $189,725

Age (%)

0 to 19
31%
35 to 49
25%
50 to 64
21%
20 to 34
14%
65 and plus
9%

Household composition (%)

Single family
87%
Single person
11%
Multi person
1%
Multi family
1%

Mother tongue (%)

English
65%
Mandarin
7%
Arabic
5%
Spanish
4%
Urdu
2%
Others
2%
Korean
2%
Russian
1%
French
1%
Portuguese
1%
Hindi
1%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
86%
Renters
14%

Top 5 Schools in West Oak Trails

Forest Trail Public School (Elementary)1406 Pine Glen Road, L6M 4B9, Oakville, ON
10/10
Public•1-8
Captain R. Wilson Public School2145 Grand Oak Trail, L6M 4S7, Oakville, ON
8.6/10
Public•JK-8
St. Joan of Arc Catholic Elementary School2912 Westoak Trails Blvd, L6M 4T7, Oakville, ON
8.4/10
Public•JK-8
Emily Carr Public School2255 Pine Glen Road, L6M 0G5, Oakville, ON
8.2/10
Public•JK-8
Garth Webb Secondary School2820 Westoak Trails Boulevard, L6M 4W2, Oakville, ON
8.1/10
Public•9-12

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

3/5

At least one grocery store within a 30-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance