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A Review of 2018

Oakville Clearview House Prices

oakville clearview homes winterLocation:

People often ask me – “what about that area near the Ford plant?”, usually not knowing it by name. This is the Oakville, Ontario neighborhood of Clearview, a somewhat under appreciated area on the eastern edge of the city. Over the years awareness of real estate in the Clearview area has increased as people began to understand its excellent location, quality housing stock, great schools, and relative affordability vis a vis other areas of Oakville. Although the Ford plant is a major employer in the region, the homes of Clearview are definitely in the white collar, executive category. As 2019 begins, we can take a look at last year’s real estate activity in Clearview, and check prices for homes sold in the area – the homes that were placed for sale on the MLS, and how much they sold for. There were 48 firm sales in Clearview during 2018, or approximately 2% per cent of the 2200 homes located there. Sales were recorded for all the various types of properties to be found in the district: detached homes, semi-detached homes, freehold townhouses, and linked homes (foundations linked below ground). There are currently no condominiums of any kind to be found in Clearview.

Of the 48 firm sales, there were 35 detached homes sold, 5 semi-detached homes, 4 freehold townhouses, and 4 linked properties.

MLS Sales by Type

Type Count
Detached 35
Semi-Detached 5
Freehold Townhouse 4
Link 4

Median selling price for all types was $1,140,000, with the lowest sale of a freehold townhouse coming in at $620,000 and the highest sale of a detached home reaching over $1.42 million dollars.

The market remained relatively healthy throughout the year, with the average days on the market being 32 days (the time it took to sell). That’s a number which is good for the type of homes found in Clearview –  more expensive, executive type homes. The average sale to list percentage was 97% (the average home sold for three per cent under the asking price). All figures supplied by the Toronto Real Estate Board.

MLS Sales by Street

Detached Homes:

Address Asking Price Sold Date Bedrooms Bathrooms
1491 Prince John $798,000 08/25/18 4 3
1469 Wakehurst $1,049,000 06/19/18 4 3
1257 Greeniaus $1,049,000 06/11/18 4+1 4
1386 Chalfield $1,077,777 05/26/18 4+2 4
1445 Will Scarlett $1,089,000 06/18/18 4 3
1299 Bishopstoke $1,099,000 06/22/18 4 3
1296 Chedboro $1,138,800 06/08/18 5 3
2995 Kingsway $1,149,900 06/14/18 4 4
2736 Teak $1,178,000 10/31/18 4 3
2931 Kingsway $1,198,000 06/15/18 4 3
1162 Lambton $1,199,000 10/05/18 4+1 4
2709 Teak $1,199,900 04/14/18 4 4
1052 Beechnut $1,199,900 11/01/18 4 4
1356 Eddie Shain $1,200,000 12/18/18 4 4
2968 Mulberry $1,225,800 12/14/18 4+1 4
1410 Prince John $1,240,000 10/16/18 4+2 4
2652 Fonthill $1,248,000 06/09/18 4 4
2819 Huntington $1,250,000 03/02/18 4+1 4
1217 Jonathan $1,259,900 05/11/18 4+1 4
1451 Gibson $1,274,888 06/01/18 4+2 4
1098 Lambton $1,290,000 08/13/18 5+1 4
1389 Will Scarlett $1,298,000 07/05/18 3+2 4
1196 Dogwood $1,298,000 12/07/18 4 4
1412 Gibson $1,299,900 09/20/18 4+1 4
2961 Caradoc $1,325,000 08/03/18 4+1 4
2644 Fonthill $1,325,000 08/09/18 4 4
1168 Thoresby $1,329,000 04/06/18 5+2 4
2450 Wynten $1,349,500 04/17/18 4 4
1153 Gable $1,349,800 11/08/18 4 4
2948 Kingsway $1,349,888 06/26/18 4 4
2451 Stoll $1,349,900 05/09/18 4 3
1286 Bishopstoke $1,375,000 05/30/18 4+2 4
1434 Clearview $1,398,000 05/22/18 3 3
2733 Ashridge $1,499,000 10/23/18 4 3
1433 Gibson $1,599,000 01/08/18 4+1 4

Semi-Detached Homes:

 

Address Asking Price Sold Date Bedrooms Bathrooms
1123 Gable $668,900 08/01/18 3 2
1127 Beechnut $759,900 05/12/18 3 3
1116 Beechnut $769,888 03/23/18 3 2
1155 Beechnut $775,000 02/21/18 3 2
1101 Gable $819,000 07/17/18 3 3

Freehold Townhomes:

Address Asking Price Sold Date Bedrooms Bathrooms
2555 Addingham $659,000 02/02/18 3 3
2575 Addingham $689,000 04/23/18 2 3
2312 Springfield $775,000 04/25/18 3 4
2597 Addingham $825,000 07/31/18 3 3

Link Properties:

 

Address Asking Price Sold Date Bedrooms Bathrooms
1376 Hazel McCleary $745,000 05/29/18 3 3
1286 Valerie $748,888 03/09/18 3 3
1446 Prince John $829,900 05/02/18 3+1 4
1462 Prince John $839,000 02/05/18 3 3

 

Oakville Price Appreciation:

2018 data shows a drop in prices of 10% per cent for all property types for Oakville Clearview, which effectively erases gains added in 2017. Here are the 2018 median prices for this great Ontario neighborhood:

Detached Homes = $1,200,000

Semi-detached homes = $763,000

Freehold Townhouse = $722,750

Link properties = $773,400

Detached Homes Prices:

During 2018, the median price of detached homes in Clearview dropped by approximately 10% per cent. This is a noticeable drop which is directly attributable to government measures to cool the market. In spite of the market change, it still seems evident that Clearview has become a sought after location for home buyers, due to its fine housing stock by quality builders, nearness to Toronto and Mississauga, and good commuting options via the QEW and nearby Clarkson GO train station. We also believe that the addition of James W. Hill Public Elementary School, after a wait of many years, has added to the attractiveness of the neighborhood for families with children.

To give some idea of the change in the market, here are comparison numbers for the median selling price of detached homes in the Oakville Clearview area, from 2009 to 2018:

2009 = $509,000

2010 = $547,000 (7% increase)

2011 = $590,000 (8% increase)

2012 = $670,000 (13.9% increase)

2013 = $735,000 (9.7% increase)

2014 = $814,000 (10.7% increase)

2015 = $859,117 (5.5% increase)

2016 = $1,138,000 (32.4% increase)

2017 = $1,335,000 (17% increase)

2018 = $1,200,000 (10% decrease)

Interested in Oakville Clearview? This is my old ‘hood’, and I highly recommend it to anyone looking for a great family-friendly area….Get all the information you need here .. we appreciate your business, and are here to serve you. There is no cost or obligation when you contact us, and we value your privacy.

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category: sold MLS listings Clearview, Oakville, real estate, house prices, market, 2018