Old Oakville Real Estate Market Report, Oakville Ontario October 2012
Oakville's oldest community, Old Oakville was the first area to be settled due to it's natural harbour at the mouth of Sixteen Mile Creek.
With the proximity to the harbour, early settlement flourished.
Today, Old Oakville encompasses the Old Oakville Heritage Conservation District, consisting of 162 residences that were built in the 19th century.
Using river and lake stone for the foundations, many of these homes have since been recognized with plaques near their entrances.
The plaques indicate the original owner (and often the original owner's occupation) and the year in which the house was built.
Residents and tourists alike enjoy taking a stroll through the streets of Old Oakville to view these unique and beautiful heritage homes.
Old Oakville is also known as the Old Oakville Downtown Residential Area.
Oakville's main downtown core can be found here with many theatres, excellent shopping and dining facilities, marinas and parks.
Detached homes in Old Oakville took longer, on average, to sell in October 2012 when compared to October 2011:
The average sale price of a home in Old Oakville has increased this October over October of 2011:
The number of detached homes sold in Old Oakville in October of 2012 dropped over that sold in Old Oakville in October of 2011:
With prices of Old Oakville detached homes continuing to rise, now is an excellent time to consider buying in the Old Oakville community. The Old Oakville neighbourhood falls within the following boundaries:
View Old Oakville, Oakville, Ontario in a larger map
Buyers who wish to live in the community of Old Oakville would be making an excellent investment when buying a home here.