April 2021 – GTA Housing Market News

What is going on with the real estate market?

Here are the April stats:
– Number of sales is down 12.7% in April over March
– But, number of sales are up 36.6% compared to the 10 yr average
– New listings are down 8.4% month over month

Milton Real Estate Market

The average price in Milton is $1,061,348

Burlington Real Estate Market

The average price in Burlington is $1,055,023

Oakville Real Estate Market

The average price in Oakville is $1,458,793

Previous Reports on GTA Housing Market News – March, February, January

It may be no surprise to hear that March 2021 was yet another record-breaking month in real estate. Home sales are reportedly largely driven by low interest rates and consumer confidence remains high, even though we’re stepping into more COVID related restrictions right now. While inventory and sales are way up again in March they have yet to catch up to the backlog of buyers so we’re still in a seller’s market.

March 2021 – GTA Housing Market News

Milton Real Estate Market

The average price in Milton is $1,037,207.

Burlington Real Estate Market

The average price in Burlington is $1,099,362.

Oakville Real Estate Market

The average price in Oakville is $1,526,414.

Previous Reports on GTA Housing Market News – February, January, December,

In February inventory finally picked up, with almost double the supply compared to January. This is great news for buyers who are currently looking to purchase a home, as there are more options available.

February 2021 – GTA Housing Market News

Milton Real Estate Market

The average price in Milton is $1,023,472.

Oakville Real Estate Market

The average price in Oakville is $1,456,537.

Burlington Real Estate Market

The average price in Burlington is $1,058,560.

We continue to be in a seller’s market with a lot of competition. We have been saying this for months now, but it continues to be a great time to sell. 

Previous Reports on GTA Housing Market News –  January, December, November

It’s been a busy month in the market. We are still in a very hot sellers market. Over the past few weeks we have seen an increase in supply, although it continues to remain much lower than demand. ⁠

⁠Market values have dramatically changed over the last few months. With the average sale price across the GTA at a high of $968,000.  These are huge price increases, with the Milton real estate market in particular seeing massive year over year growth.

January 2021 GTA Real Estate Market Report

Milton Real Estate Market

The average sale price in Milton is $1,000,351 it is up 26.4% year over year.

Burlington Real Estate Market

The average sale price in Burlington is $973,793.

Oakville Real Estate Market

The average sale price in Oakville is $1,397,462.

With supply so low, it is a great time to sell. ⁠

Previous market updates: December, November, October