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|
|$100K to $500K||78||48||14|
|$500K to $1M||90||35||5|
|$1M to $2M||17||8||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.