Transitions-Oakville, Burlington and Mississauga Real Estate Blog

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River Oaks Real Estate Market Report, Oakville, Ontario - February 2010

River Oaks Community in the City of Oakville is located in the north central region of Oakville.
It is a residential neighbourhood consisting of a wide variety of detached homes, freehold townhouses, condominium townhouses and apartments.
A family friendly neighbourhood, River Oaks boasts beautiful parks, forested areas and trails that wander along the many creeks.

Shopping and business facilities are numerous, as are schools and recreational facilities.River Oaks Real Estate Market Report February 2010

View River Oaks Community, Oakville, Ontario in a large map.

Property sales were very active for the month of February, this year, with 31 sales at an average sales price of $433,548 . This is quite a jump over the average sale price in February 2009 which was $362,532 . 

Homes in River Oaks are selling much quicker this year than in 2009 with an average time on the market of only 18 days in the month of February 2010. It took an average of 32 days for a home to sell in February 2009.

With a relative shortage of listings for sale in the River Oaks area, now is an excellent time to sell.

Buyers who wish to live in the River Oaks Community would be making an excellent investment when buying a home here.

To have a list of all townhouses and detached homes currently available in the River Oaks area of Oakville emailed to you
or to find out the market value of your River Oaks home,
contact Jo-Anne Smith at 289-837-2132 or by email at  OakvilleAndBeyond@gmail.com


©2010JoSmith

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

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

Comments

Jo, things are looking up in your area...home prices are up over 19%, DOM is down...yeah!!

Posted by Nick T Pappas - Madison and Huntsville Alabama (Assoc. Broker ABR, e-Pro, @Homes Realty, Huntsville AL) about 2 years ago

Jo, River Oaks sounds lovely...ALL of your areas do.  After you visit me I would love to come and really see Canada :)

Posted by Laura Cerrano and Carole Provenzale Owner, Feng Shui Long Island & New York (Feng Shui Long Island & New York City/Feng Shui Manhattan ) about 2 years ago

Jo,

 

River Oaks is an excellent community. Thanks for the "heads up". Is this information  generally available to the public?

Brian

Posted by Brian Madigan LL.B. (RE/MAX West Realty Inc., Brokerage (Toronto)) about 2 years ago

hi Nick,

We're definitely in a Seller's market here...

Jo

Posted by Jo-Anne Smith- Oakville, Burlington and Mississauga Region Real Estate, Ont (Your Choice Realty ) about 2 years ago

Carole,

River Oaks is an excellent area of Oakville....perfect for families of every kind and even retirees and single folks love it too.

Jo

Posted by Jo-Anne Smith- Oakville, Burlington and Mississauga Region Real Estate, Ont (Your Choice Realty ) about 2 years ago

Brian,

The information is compiled by our real estate board ..... I analyze the sales data and prepare graphs for my market reports, so I guess you could say it's available to the public if they know a good real estate sales rep!! 

Jo

Posted by Jo-Anne Smith- Oakville, Burlington and Mississauga Region Real Estate, Ont (Your Choice Realty ) about 2 years ago

Jo,

You're right about the increase in pricing, looks like you have a very strong market.

Posted by Orange Co. Real Estate~Lynda Eisenmann, Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA (Preferred Home Brokers) about 2 years ago

Hi Jo...Great easy to understand Visual report...well done :O))

Posted by Victoria Realtor Fred Carver ACRE 250-598-2963 Accredited Consultant (Re/Max Camosun Real Estate) about 2 years ago

Jo terrific news, that is quite  a jump and your presentation of the information is so visually appealing.

Posted by Jennifer Fivelsdal Rhinebeck Real Estate (Serving Dutchess| Columbia|Ulster Ctys (LIC. R.E. Broker JFIVE Home Realty LLC ) about 2 years ago

Jo,

Well, let me give you a much better compliment then. This is a great format. Simple, easy to understand and highly visual.

TREB does this now. I used to do it and now they do, so I have discontinued publishing mine.

Brian

Posted by Brian Madigan LL.B. (RE/MAX West Realty Inc., Brokerage (Toronto)) about 2 years ago

Jo, do you mind refreshing my memory...what is a sellers market?  I used to know... ;-)

Posted by Nick T Pappas - Madison and Huntsville Alabama (Assoc. Broker ABR, e-Pro, @Homes Realty, Huntsville AL) about 2 years ago

Lynda,

The market here is very strong....primarily due to a listing shortage and the low interest rates.

Jo

Posted by Jo-Anne Smith- Oakville, Burlington and Mississauga Region Real Estate, Ont (Your Choice Realty ) about 2 years ago

Fred,

I enjoy preparing these market reports....especially the graphs!

Jo

Posted by Jo-Anne Smith- Oakville, Burlington and Mississauga Region Real Estate, Ont (Your Choice Realty ) about 2 years ago

Jennifer,

It is quite a jump over last year....particularly the decrease in DOM.

Jo

Posted by Jo-Anne Smith- Oakville, Burlington and Mississauga Region Real Estate, Ont (Your Choice Realty ) about 2 years ago

Brian,

Thanks! I'm sure your clients would still love to receive your market reports or read about them on your blog.....afterall, they're much more personal coming from you.  ((-;

Jo

Posted by Jo-Anne Smith- Oakville, Burlington and Mississauga Region Real Estate, Ont (Your Choice Realty ) about 2 years ago

Nick,

lol.....you'll be in one again before you know it.

Jo

Posted by Jo-Anne Smith- Oakville, Burlington and Mississauga Region Real Estate, Ont (Your Choice Realty ) about 2 years ago

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