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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

TypeCount
Detached35
Semi-Detached5
Freehold Townhouse4
Link4

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:

AddressAsking PriceSold DateBedroomsBathrooms
1491 Prince John$798,00008/25/1843
1469 Wakehurst$1,049,00006/19/1843
1257 Greeniaus$1,049,00006/11/184+14
1386 Chalfield$1,077,77705/26/184+24
1445 Will Scarlett$1,089,00006/18/1843
1299 Bishopstoke$1,099,00006/22/1843
1296 Chedboro$1,138,80006/08/1853
2995 Kingsway$1,149,90006/14/1844
2736 Teak$1,178,00010/31/1843
2931 Kingsway$1,198,00006/15/1843
1162 Lambton$1,199,00010/05/184+14
2709 Teak$1,199,90004/14/1844
1052 Beechnut$1,199,90011/01/1844
1356 Eddie Shain$1,200,00012/18/1844
2968 Mulberry$1,225,80012/14/184+14
1410 Prince John$1,240,00010/16/184+24
2652 Fonthill$1,248,00006/09/1844
2819 Huntington$1,250,00003/02/184+14
1217 Jonathan$1,259,90005/11/184+14
1451 Gibson$1,274,88806/01/184+24
1098 Lambton$1,290,00008/13/185+14
1389 Will Scarlett$1,298,00007/05/183+24
1196 Dogwood$1,298,00012/07/1844
1412 Gibson$1,299,90009/20/184+14
2961 Caradoc$1,325,00008/03/184+14
2644 Fonthill$1,325,00008/09/1844
1168 Thoresby$1,329,00004/06/185+24
2450 Wynten$1,349,50004/17/1844
1153 Gable$1,349,80011/08/1844
2948 Kingsway$1,349,88806/26/1844
2451 Stoll$1,349,90005/09/1843
1286 Bishopstoke$1,375,00005/30/184+24
1434 Clearview$1,398,00005/22/1833
2733 Ashridge$1,499,00010/23/1843
1433 Gibson$1,599,00001/08/184+14

Semi-Detached Homes:

 

AddressAsking PriceSold DateBedroomsBathrooms
1123 Gable$668,90008/01/1832
1127 Beechnut$759,90005/12/1833
1116 Beechnut$769,88803/23/1832
1155 Beechnut$775,00002/21/1832
1101 Gable$819,00007/17/1833

Freehold Townhomes:

AddressAsking PriceSold DateBedroomsBathrooms
2555 Addingham$659,00002/02/1833
2575 Addingham$689,00004/23/1823
2312 Springfield$775,00004/25/1834
2597 Addingham$825,00007/31/1833

Link Properties:

 

AddressAsking PriceSold DateBedroomsBathrooms
1376 Hazel McCleary$745,00005/29/1833
1286 Valerie$748,88803/09/1833
1446 Prince John$829,90005/02/183+14
1462 Prince John$839,00002/05/1833

 

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