PHOTOS: The cheapest (and most expensive) homes sold in Halton in July
Published August 5, 2020 at 5:54 pm
It’s still a seller’s market in Halton as the region moved closer to “normalcy” in July amid the COVID-19 pandemic.
It’s still a seller’s market in Halton as the region moved closer to “normalcy” in July amid the COVID-19 pandemic.
According to TREB (Toronto Real Estate Board), the region as a whole saw a nearly 11 per cent increase in home price compared to July of 2019.
The benchmark sale price of a home in Oakville was over $1.1-million – up 10.29 per cent from a year ago and Milton’s benchmark was $845,900 (up 10.44 per cent).
Burlington and Halton Hills saw the largest gains year-over-year. The benchmark home price was $852,800 (up 11.09 per cent) in Burlington. In Halton Hills, it was $851,500 (up 12.15 per cent).
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The numbers are consistent with July being a record-breaking month for Toronto real estate sales, as a nearly 17 per cent price spike did not stop homebuyers from making offers.
“Sales activity was extremely strong for the first full month of summer. Normally we would see sales dip in July relative to June as more households take vacation, especially with children out of school,” said Lisa Patel, president of the Toronto Regional Real Estate Board.
The board said 11,081 existing homes changed hands during July, 29.5 per cent more sales than July 2019 and a new record high for the month.
Average home prices are also up 16.9 per cent from a year ago, at $943,710, the board said.
Patel said there is evidence the home market is tightening — with buyers competing as homes are being sold faster than new listings are added to the market.
With that said, here are the most and least expensive homes sold in the Halton Region last month, according to Zoocasa.
Least expensive
This Burlington condo unit was listed for $262,777 and sold for $239,000. Overlooking green space, this 2-bedroom 800 sqft co-op is minutes away from the lake and highway.
This Halton Hills condo end unit sold for $290,000 after being listed for $299,900. The 2-bed, 1-bath, 700-799 sqft home has ensuite laundry and a breakfast bar with a separate dining area.
This mature living space was listed for $339,900 and sold for $335,000. With this 700-799 sqft lake view home, you have the option to live independently or with available assistance.
This Halton Hills home sold for its listing price of $370,000. The 1-bed, 1-bath unit offers 700-799 sqft of condo living in a historic downtown Georgetown neighbourhood.
Selling for $380,000, this 2-bed, 1-bath Burlington condo features a den and an open concept kitchen. The home also has ensuite laundry and an open balcony.
Most expensive
Sold for $3,700,000, nearly $200,000 below its list price, this waterfront home features 4-bedrooms, 4-bathrooms, 5 parking spaces, and a saltwater pool.
This lakefront home sold for $4.3-million. Featuring 4-beds, 5-baths, and 8 parking spots, this half-acre estate in south Burlington boasts more than 6,000 sqft of prime real estate.
What does $5.3-million get you? 5 beds and 9 baths in Oakville. It also gets you 11 parking spaces, a fully-loaded backyard, and remote-controlled blinds.
This Oakville home closed for $5.6-million and features 9,000 sqft of luxury living space. The Eastlake property is adorned with towering trees, affording complete privacy.
Topping the list is this $6-million home on the Burlington waterfront. The tree-lined cul de sac street property has stunning lake views from every bedroom.
(with files from The Canadian Press)
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