Balanced Real Estate Market in Oakville

September 28th, 2010 by Comment button No Comments »

Oakville’s real estate market this week has been extremely balanced for properties up for lease and priced to sell up to $1,000,000. Currently, Oakville has a lease inventory of 10 weeks, homes priced up to $500,000 have an inventory of 12 weeks and properties priced up to $1,000,000 have an inventory of 15 weeks.

Here are the Oakville Real Estate statistics for this past week:

Price Range Lease $100K-$500K $500K-$1M $1M-$2M $2M plus
Listed 17 36 50 12 7
Sold 12 24 20 3 1
At or above List 6 2 0 0 0
Total Inventory 115 299 311 135 85

Preparing your home for showings this Fall

We’re heading into fall and cooler weather. The days are getting shorter, so if you’ve got your home listed remember to leave a light on in every room, so that an agent doesn’t have to search for the light switch. Take a look at your home in the evening, and make sure there is adequate lighting so that prospective buyers can carefully reach the front door. Finally put a couple of colourful mums by the front door.

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About the author: Nolan Machan

Nolan Machan is a dedicated Oakville residential realtor, who has a healthy roster of happy buyers and sellers. He is passionate about meeting the needs of his clients using his depth of Oakville knowledge, and years of marketing and negotiating skill.

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