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Saturday, January 14, 2012 - Oakville Ontario News
From January 1, 2011 to January 1, 2012 there were 310 properties sold in Glenn Abbey for a gross price of $160,000,000. This appears to be a large number, but the number of properties sold actually dropped last year, and the forecast for 2012 is for a repeat of 2011.
Detached homes accounted for 69% of the dollar sales and 50% of properties sold. The average detached home in Glenn Abbey sold for $724,000 and was on the market for 23 days. The lowest price paid for a detached was $360,000 and the highest was $1,340,000.
Townhomes accounted for just over 18% of the dollar sales and 25% of the properties sold. The average townhome in Glenn Abbey sold for $379,000 in 27 days. The highest price paid for a townhome was $770,000 and the least was $252,0000.