River Oaks continues to be a highly desirable Oakville neighborhood and this past year was no exception. The greatest number of Oakville properties sold was in River Oaks with 348 properties for $166.8 million, comprised of town homes, detached homes, and apartments.
The average detached home in River Oaks sold for $634,000 and took an average of 25 days. The most expensive home was $1,500,000 and the least was $430,000 and took from 1 to 170 days to sell. Detached homes comprised 176 of the properties sold for $113,255,000.
The average price for a town home was $351,000 and sold in 19 days. The most expensive was $592,000 and the least was $270,000 and took as long as 91 days and as little as 1 day. River Oaks town homes comprised 96 properties sold for a total of $33,744,000.
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