Your Local Realtor for Oakville Real Estate
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February 9th, 2010 
Nolan Machan
Oakville Ontario Sales Representative & EcoBroker

Royal LePage Real Estate Services Ltd, Brokerage
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Title: Affordable - Contemporary Old Oakville Home
Address: 469 Maple Avenue, Oakville
Open House: SUN Feb 7, 2010.  2 to 4 PM
Price: $629,900.00
Status: Available For Sale
Bedrooms: 3
Bathrooms: 2
Intersection: Watson & Cornwall
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Oakville Real Estate Listings

Oakville Real Estate Listings

Oakville Real Estate Listings

 Oakville Detached Homes

Oakville Detached Homes for LeaseOakville Detached Homes for Sale to $750K          

Oakville Detached Homes for Sale $750K plus

Oakville Semi-detached Homes

 Oakville Semi-Detached Homes for Sale

OakvilleTownhomes

Oakville Townhomes for Lease    Oakville Townhomes for Sale 

Oakville Apartments

Oakville Apartments for Lease     Oakville Apartments for Sale

 

 

Oakville Real Estate Weekly Update

January 23rd to 30th

Oakville townhome westmount

It is time to get a local oakville realtor if you want to get the Oakville house you want. As you'll see many of the most sought after Oakville properties are selling in hours. Your local Oakville realtor is the person committed to finding that property the minute it is listed. Just the other week my clients were in to see a property within 3 hours of it being listed on the Oakville Milton Real Estate Board; they put together an offer on the spot and the purchase was done by 8:00 PM. This all happened before the property even made it to MLS.  

Inventory is still extremely tight. We are currently below 1% of available inventory, with only 579 properties available for sale or lease. The neighborhood with the least inventory is West Oakville with just under 2.5 weeks available, followed by Joshua Creek with slightly over 3 weeks of inventory. The average inventory is 12 weeks or 3 months.

During the week 75 Oakville homes were sold, of those 24 properties sold for asking or above (roughly 30%). These competitive prices are happening on all ranges of properties from leases to multi million dollar properties. Only 65 Oakville properties were listed for sale, and the reason this is smaller then the listed is due to the fact that so many properties are selling in a day or less.

Range of prices for types of Oakville properties are:

Detached Oakville homes range in price

 

  • lease from $1500 to $12,000
  • for sale $339,000 to $9,985,000

 

Semi-detached Oakville homes range in price:

 

  • lease from $1,480 to $,1695
  • for sale from $296,000 to $489,900

 

Oakville Townhomes range in price: 

 

  • lease from $1,400 to $2,950
  • sale from $179,900 to $1,779,000 

 

Oakville apartments range in price:

 

  • lease from $849 to $10,500  
  • for sale from $159,900 to $3,395,000

 

If you are looking to sell your Oakville home, the market as you can see is great. However, with inventory being so low, you want to ensure your Oakville property gets a great deal of exposure, to ensure you're going to get the best price.

If you are looking to purchase an Oakville home, working with a local knowledgeable realtor is key to getting into Oakville homes before they reach MLS, which can take as long as 24 to 48 hours. Time is particularly crucial especially on well priced Oakville properties.

 

View more info about listings on the map

Things to know about Oakville Real Estate

ARE YOU RENOVATING OR ABOUT TO RENOVATE YOUR OAKVILLE HOME? STOP, HALT, GO NO FURTHERRENTING VS. BUYING IN OAKVILLE, WHICH IS BETTER?
I can't stress this enough, if you are renovating your Oakville Home, please stop! You need to read this article, before you go any further. Renovating your Oakville Home is a great idea, but do you have all the facts you need? Who have you spoken to, and where are they getting their information? Once you've read this article and are comfortable moving forward, then go and enjoy the process. It can be an extremely satisfying as well as profitable.Here's a brief story about renting vs. buying. My Grandmother in 1968 bought her first home at the age of 54. My grandfather said that the mortgage payments were going to be the end of him. The bungalow in 68 was $21 thousand. When she moved into a retirement home, her home was rented which paid for the retirement home. Her home was sold in 2009 for $655,000. The financial return was amazing, but so was the sense of security she had from owning her own home. If you are planning to stay in a community for a long term: 5 years is my suggestion, you really need take the leap and buy.
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PETS, WHAT TO DO? IMPACT OF TREES ON OAKVILLE REAL ESTATE
For many of us, our pets are a big part of family life; unfortunately, not everyone has the same level of affection for our pets as we do. Even if people are great lovers of pets, they really don't want to notice some one else's pet. So to make your life easier and your home more saleable, here are a few helpful hints: 1. Have your pets professionally groomed. Your pet should look well cared for to a potential buyer. A well treed lot can add substantially to the value of an Oakville home. People want to live in a mature neighbourhood because the trees are mature. Here are the tangible reasons why this is: 1. Trees that line the streets keep the neighbourhoods cooler. 2. Shade Trees on the West and East side of a home can reduce the cooling costs by 35%. 3. Flowering trees are simply beautiful but also provide food for birds and other wildlife. 4. Fruit trees provide fresh health food. 5. Trees planted strategically as wind breaks can reduce heating costs by 10 to
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Find Your Dream HomeFree Evaluation
If the time has come for You to "Find Your Oakville Dream Home", then I would love to help. New properties in Oakville's neighborhoods are listed every day from South East Oakville to Glen Abbey. By filling out the form, I can have new Oakville listings emailed to You as soon as they become available.The Equity in your Oakville home is like any other investment - it needs to be monitored. Oakville homeowners should have their Equity evaluated once a year.
Now might be the perfect time...
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