West OakvilleHousing market

West Oakville

West Oakville Housing Market Report

Balanced Market

All types - for the month of February

Buyer's market Seller's market

5

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 0-3 months indicates a seller's market, where homes are selling quickly and there are more buyers than available homes.

44

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*

65 active

New

29(+7.41% YoY)

Relisted

2(0% YoY)

Compared to number of active, same period, in 2024: 24, in 2023: 19, in 2022: 15

Total Sold Listings*

14 sold

Median Sold Price

$1,427,500

Avg Days on Market

44 days

Median Bidding

-$37,500

Compared to number of sold, same period, in 2024: 13, in 2023: 15, in 2022: 31

*Data is for the month of February

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

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

Sold Price Distribution - West Oakville - All types

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

Property Type Distribution - West Oakville - All types

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

Median Price - West Oakville - All types

Just listed - West Oakville

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 548 Swann Dr, Oakville Ontario L6L 3X1

1 day on market

Up to15K Cashback

548 Swann Dr, Oakville

Detached311500-2000 sq ft

Listed by Re/Max Hallmark Alliance Realty

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 225 Morden Rd, Oakville Ontario L6K 2S2

1 day on market

Up to21K Cashback

225 Morden Rd, Oakville

Detached3+121100-1500 sq ft

Listed by SUMMIT REALTY EXPERTS INC.

Home with brick exterior material, street for 398 Tennyson Dr, Oakville Ontario L6L 3Z1

2 days on market

Up to8K Cashback

398 Tennyson Dr, Oakville

Detached32- sq ft

Listed by Re/Max Hallmark Alliance Realty

Just sold - West Oakville

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 451 Sunset Dr, Oakville Ontario L6L 3N3

Sold 5 days ago

Sold for $1,435,000

$15K below asking

451 Sunset Dr, Oakville

Detached43- sq ft

Listed by RE/MAX ABOUTOWNE REALTY CORP.

Home with brick exterior material, street for 452 Southland Cres, Oakville Ontario L6L 3N8

Sold 7 days ago

Sold for $1,320,000

$70K below asking

452 Southland Cres, Oakville

Detached3+12- sq ft

Listed by IPRO REALTY LTD.

Unknown for 303 Mary St, Oakville Ontario L6K 3P5

Sold 12 days ago

Sold for $1,635,000

$14K below asking

303 Mary St, Oakville

Detached33- sq ft

Listed by RE/MAX PROFESSIONALS INC.

Population and Demographics

Overview

Total population 10177

Average household income $193,731

Age (%)

0 to 19

24%

50 to 64

22%

35 to 49

20%

65 and plus

19%

20 to 34

15%

Household composition (%)

Single family

77%

Single person

19%

Multi person

3%

Multi family

1%

Mother tongue (%)

English

74%

Mandarin

4%

Portuguese

4%

Arabic

2%

Italian

2%

Others

2%

French

2%

Tagalog (Pilipino, Filipino)

1%

Spanish

1%

Polish

1%

Punjabi (Panjabi)

1%

House tenancy (%)

Owners

83%

Renters

17%

Top 4 Schools in West Oakville

W H Morden Public School180 Morden Rd, L6K 2S3, Oakville, ON

9.3/10

Public•JK-8

Pine Grove Public School529 Fourth Line, L6L 5A8, Oakville, ON

7.9/10

Public•1-8

Gladys Speers Public School2150 Samway Rd, L6L 2P6, Oakville, ON

7.6/10

Public•JK-6

Brookdale Public School1195 Bridge Rd, L6L 2C3, Oakville, ON

6.9/10

Public•JK-8

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