Old Oakville Real Estate Market Report, Oakville, Ontario - February 2010
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.
The Oakville Trafalgar Memorial Hospital is also found within the boundaries of Old Oakville.
Property sales were very active for the month of February, this year, with 11 sales at an average sales price of $818,309 . This is a bit of a rise over the average sale price in February 2009 which was $789,600 . 
Homes in Old Oakville are selling much quicker this year than in 2009 with an average time on the market of 46 days in the month of February 2010. It took an average of 59 days for a home to sell in February 2009.
With a relative shortage of listings for sale in the Old Oakville area, now is an excellent time to sell.
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.
To have a list of all townhouses, condominiums and detached homes currently available in the Old Oakville area of Oakville emailed to you
or to find out the market value of your Old Oakville home,
contact Jo-Anne Smith at 289-837-2132 or by email at OakvilleAndBeyond@gmail.com
For regular updates on how the real estate market in Old Oakville, Oakville is doing, become a subscriber to this blog or to www.OakvilleAndBeyond.com .
©2010JoSmith
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Jo-Anne Smith, the author of this article, is a REALTOR® with Brekland Realty Group, Oakville, Ontario and welcomes your real estate inquiries. To contact her, visit www.oakville-burlingtonhomes.com |
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Jo-Anne Smith, the author of this article, is a REALTOR® with Your Choice Realty , Mississauga, Ontario and welcomes your real estate inquiries. To contact her, visit www.oakville-burlingtonhomes.com |
