Oakville Real Estate News

Oakville Sets New Record In Luxury Home Sales


Blog by Joette Fielding | January 28th, 2014


Oakville Luxury HOme SalesOakville—one of the 905’s most desired communities with a long-standing tradition of high-end sales—experienced unprecedented demand yet again, setting a new record for home sales over the $1.5 million price point in 2013. One hundred and fifty-six luxury properties changed hands last year, up 19 per cent from the 131 sales reported in 2012.  Three hundred and fifty million dollars in luxury real estate was sold in Oakville last year, with the most expensive property—a fully renovated circa-1930 home situated on eight acres, including close to 800 ft. of waterfront—selling for just under $10 million.

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Content courtesy of RE/MAX Ontario Atlantic Canada Inc.


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