October 2021 – GTA Housing Market News

What is going on with the real estate market?

Here are the October stats:

• Second highest level of sales on record ever with the Toronto Real Estate Board in October.
• Low inventory on all types of home
• The average price growth for all types of homes is up 19.3% over last year.

Milton Real Estate Market

The average price in Milton $1,255,300

Burlington Real Estate Market

The average price in Burlington $1,186,400

Oakville Real Estate Market

The average price in Oakville $1,388,600

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

September August July June

September 2021 – GTA Housing Market News

What is going on with the real estate market?

Here are the September stats:

– Average sales has increased 19% over September last year
– September had fewer sales, due to low inventory 
– Halton area average sales has increase 24% over last year

Milton Real Estate Market

The average price in Milton $1,154,800

Burlington Real Estate Market

The average price in Burlington $1,140,500

Oakville Real Estate Market

The average price in Oakville $1,310,900

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

August July June May

August 2021 – GTA Housing Market News

The average sale price in the GTA is up by 12.6% year over year. We saw a regular summer breather in terms of supply, yet demand remains strong. This has resulted in a lot of competition among buyers (we are currently seeing 10+ offers on a property). Everyone is hoping (and there is some indication) that supply will pick up in this month and throughout the fall. It is a great time to list right now as there is a lot of demand and if you are thinking of buying it is a great time too as we anticipate supply to pick up soon.

Milton Real Estate Market

The average price in Milton is $1,110,400

Burlington Real Estate Market

The average price in Burlington $1,098,400

Oakville Real Estate Market

The average price in Oakville $1,261,600

Have questions about the market? Contact us today to learn more!

Previous Reports on GTA Housing Market News

July June May April

July 2021 – GTA Housing Market News

Milton Real Estate Market

The average price in Milton is $1,107,600

Burlington Real Estate Market

The average price in Burlington $1,098,400

Oakville Real Estate Market

The average price in Oakville $1,242,100

Previous Reports on GTA Housing Market News – June, May, April, March

June 2021 – GTA Housing Market News

Milton Real Estate Market

The average price in Milton is $1,035,349

Burlington Real Estate Market

The average price in Burlington is $1,149,989

Oakville Real Estate Market

The average price in Oakville is $1,437,986

Previous Reports on GTA Housing Market News –May, April, March

May 2021 – GTA Housing Market News

What is currently happening in the Real Estate Market?

Buyers, I know you have been waiting for some good news and it’s finally here!

The market is no longer insanely crazy in the Halton & Hamilton regions. While the desirability of a property can certainly change things, we wanted to let you know that it appears the multiple offer market is cooling. Through COVID we had been seeing 30+ offers on all kinds of properties however that appears to have cooled to a more reasonable 2-10 offers.

In fact, we recently helped some buyers successfully purchase a home conditionally and without competing offers. Let’s be strategic and work to get you what you want the way you want it.

Reach out if you have any questions, we are here to help.

Milton Real Estate Market

The average price in Milton is $1,062,600.

Burlington Real Estate Market

The average price in Burlington is $1,035,965.

Oakville Real Estate Market

The average price in Oakville is $1,476,467.

Previous Reports on GTA Housing Market News –April, March, February

April 2021 – GTA Housing Market News

What is going on with the real estate market?

Here are the April stats:
– Number of sales is down 12.7% in April over March
– But, number of sales are up 36.6% compared to the 10 yr average
– New listings are down 8.4% month over month

Milton Real Estate Market

The average price in Milton is $1,061,348

Burlington Real Estate Market

The average price in Burlington is $1,055,023

Oakville Real Estate Market

The average price in Oakville is $1,458,793

Previous Reports on GTA Housing Market News – March, February, January

It may be no surprise to hear that March 2021 was yet another record-breaking month in real estate. Home sales are reportedly largely driven by low interest rates and consumer confidence remains high, even though we’re stepping into more COVID related restrictions right now. While inventory and sales are way up again in March they have yet to catch up to the backlog of buyers so we’re still in a seller’s market.

March 2021 – GTA Housing Market News

Milton Real Estate Market

The average price in Milton is $1,037,207.

Burlington Real Estate Market

The average price in Burlington is $1,099,362.

Oakville Real Estate Market

The average price in Oakville is $1,526,414.

Previous Reports on GTA Housing Market News – February, January, December,

In February inventory finally picked up, with almost double the supply compared to January. This is great news for buyers who are currently looking to purchase a home, as there are more options available.

February 2021 – GTA Housing Market News

Milton Real Estate Market

The average price in Milton is $1,023,472.

Oakville Real Estate Market

The average price in Oakville is $1,456,537.

Burlington Real Estate Market

The average price in Burlington is $1,058,560.

We continue to be in a seller’s market with a lot of competition. We have been saying this for months now, but it continues to be a great time to sell. 

Previous Reports on GTA Housing Market News –  January, December, November

It’s been a busy month in the market. We are still in a very hot sellers market. Over the past few weeks we have seen an increase in supply, although it continues to remain much lower than demand. ⁠

⁠Market values have dramatically changed over the last few months. With the average sale price across the GTA at a high of $968,000.  These are huge price increases, with the Milton real estate market in particular seeing massive year over year growth.

January 2021 GTA Real Estate Market Report

Milton Real Estate Market

The average sale price in Milton is $1,000,351 it is up 26.4% year over year.

Burlington Real Estate Market

The average sale price in Burlington is $973,793.

Oakville Real Estate Market

The average sale price in Oakville is $1,397,462.

With supply so low, it is a great time to sell. ⁠

Previous market updates: December, November, October