March statistics are now published for the Oakville/Milton real estate market. With a full quarter of 2008 statistics now available for analysis it would appear that to date we could safely say the Oakville/Milton real estate market remains healthy, perhaps not frothy, but certainly healthy. Units sold are up slightly from this time a year ago however of potential concern is the growing gap between the number of units listed for sale and those actually sold.
Have a look ...
DOLLAR VOLUME OF SALES
Month of March 2008 - - - - - - - - - - - - - - - - - $265,144,442
Month of March 2007 - - - - - - - - - - - - - - - - - $253,961,377
Cumulative – Year to Date 2008 - - - - - - - - -$746,515,256
Cumulative – Year to Date 2007 - - - - - - - - -$606,575,808
NUMBER OF LISTINGS
Month of March 2008 - - - - - - - - - - - - - - - - - - - 1259
Month of March 2007- - - - - - - - - - - - - - - - - - - - 1030
Cumulative - Year to Date 2008 - - - - - - - - - - - - 3750
Cumulative - Year to Date 2007 - - - - - - - - - - - - 2830
NUMBER OF SALES
Month of March 2008 - - - - - - - - - - - - - - - - - - - - 674
Month of March 2007 - - - - - - - - - - - - - - - - - - - - 658
Cumulative - Year to Date 2008 - - - - - - - - - - - -1862
Cumulative - Year to Date 2007 - - - - - - - - - - - -1598
PERCENTAGE OF SALES TO LISTINGS
Month of March 2008 - - - - - - - - - - - - - - - - - - - -19.26 %
Month of March 2007 - - - - - - - - - - - - - - - - - - - - 24.43 %
Cumulative - Year to Date 2008 - - - - - - - - - - - - 34.30 %
Cumulative - Year to Date 2007 - - - - - - - - - - - - 35.45 %
TOTAL # ACTIVE LISTINGS FOR SALE
Month of March 2008 - - - - - - - - - - - - - - - - - - - - 2,178
Month of March 2007 - - - - - - - - - - - - - - - - - - - - 1,828