Oakville home prices surge 13.3 per cent to $1.56 million (February 2023)

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Oakville home prices surge 13.3 per cent to $1.56 million (February 2023)
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The average price for a home in Oakville was $1.56 million in February 2023, according to the Toronto Regional Real Estate Board. That’s up 13.3 per c...

The average price for a home in Oakville was $1.56 million in February 2023, according to the Toronto Regional Real Estate Board. That’s up 13.3 per cent or $183,504 from January 2023 but down 11.5 per cent or $203,499 compared to February 2022.

Detached houses averaged $1.92 million, up 7.4 per cent or $133,215 month-over-month but down 19 per cent or $451,268 year-over-year. There were 97 detached house sales and after an average of 18 days on the market and 217 active listings at the end of the month. Attached houses averaged $1.22 million, up 18.2 per cent or $187,660 month-over-month but down 14.5 per cent or $207,590 year-over-year. There were 33 attached house sales after an average of 23 days on the market and 31 active listings at the end of the month.

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