PHOTOS: Least expensive homes available in Oakville, Burlington, Milton
Published March 7, 2022 at 2:41 pm
While not as strong as last year’s all-time record, the home sales for February still recorded the second best result for the month in history in Burlington, Oakville, Milton and Halton Hills.
New listings have dropped but only marginally compared to annual sales, leaving a slightly more balanced market. Inventory stock still remains exceptionally low, however, meaning there is still fierce competition among buyers, contributing to a double-digit price growth, year-over-year.
Halton Region hit a new high sales mark, with average prices reaching $1.53M, an increase of 26 per cent. Sales (886) and new listings (1,342) are still down comparted to last year, 21 and 14 per cent, respectively.
Detached homes are selling for an average price of $1.93M and with 460 of them sold they continue to be the most popular housing type currently on the market. Semi-detached, condo apartments and condo townhouses sold 43, 122 and 84 respectively, with only townhouses seeing an increase in sales over last year (two per cent).
Prices continue to rise on each of these too, with semi-detached selling for an average of $1.21M (a 35 per cent increase over last February) condo townhouses for $966K (27 per cent) and condo apartments for $811K (37 per cent).
This information was provided by Zoocasa, a full-service brokerage that offers advanced online search tools to empower Canadians with the data and expertise they need to make more successful real estate decisions.
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Here are five of the least expensive homes listed in Halton:
411-5220 Dundas St., Burlington
This condo in the east end of Burlington sold for $137,000 over the asking price of $499,999 in less than a week. The modern one-bedroom unit has stainless steel appliances and laminate flooring.
Photo courtesy of Keller Williams Co-Elevation Realty
320-5020 Corporate Dr., Burlington
This one-bedroom condo sold for $650,000 in five days, more than $120,000 over the asking price. Located in a much-desired building in a prime location, the unit comes with in-suite laundry. The building has a roof-top patio with barbecue, gym and theatre room.
Photo courtesy of Non-TRREB Board Office
317-3290 New St., Burlington
Like new, this unit has been on the market for about a month at $559,000. Steps to the lake in the heart of south Burlington, the 55+ residence offers independent living for older adults.
Photo courtesy of Real Broker Ontario Ltd.
402-2199 Sixth Line, Oakville
On the market for a week at $579,000, this condo is located in the high-demand River Oaks area. Spacious, spotless one-bedroom unit located on the top floor of a quiet, low-rise building.
Photo courtesy of Royal LePage Realty Centre
630-2490 Old Bronte Rd., Oakville
This gorgeous, one-bedroom condo with contemporary finishes is available for $579,990. Open concept and just minutes to public transportation, highways and shopping and walking to schools, cafes and restaurants.
Photo courtesy of Right At Home Realty
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