NW Northwest Real Estate

Homes in Oakville took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 548 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $1,289,500.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.