What’s moving what’s not, and the answer is leases along with properties priced to sell below $800,000.00. So if you are looking to buy in this price point, and you want the perfect house (move in ready from top to bottom), then you are likely going to be in a bidding war or paying top dollar.
If on the other hand you’re willing to overlook the carpeting and a 1970′s basement, then you’ll be in the driver’s seat when it comes to price. So how do you take that home that you’ve so comfortably living in for the last 5 to 25 years and make it ready for market (have a stager go through your home). You’ll likely feel uncomfortable once they are finished but, if you do what they suggest you’re on your way to a positive Oakville real estate experience.
$1 to $2 million properties showing strong sales
During this past week we’ve had 224 new listings and 107 sales. So here are the statistics for this week:
| Price Range | Listed | Sold | At or above list |
|---|---|---|---|
| Leased | 23 | 14 | 9 |
| $100K to $500K | 78 | 48 | 14 |
| $500K to $1M | 90 | 35 | 5 |
| $1M to $2M | 17 | 8 | 0 |
| $2M plus | 6 | 2 | 0 |
This week we saw a couple of $2M plus properties sell, and steady sales in the $1M to $2M category. This is a great sign, since it was only a few months ago virtually nothing in the $1M area was selling.
Great homes for sale in Oakville
Oakville continues to be an excellent community with a great variety of homes. The most expensive listing was a $4.5M detached two storey, 6 bedroom, 5 bathroom home in Old Oakville. The least expensive Oakville listing was a $184,900 condo apartment with 2 bedrooms and 1 bathroom in Central Oakville.
Tags: Apartments, Detached, Homes, Houses, Oakville real estate
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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