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Oakville Real Estate Price Guide
Real sold prices, days on market, and sale-to-list ratios for Oakville. Updated each month with verified TRREB data.
| Property Type | Avg Price | YOY Price | Median Price | Sales | YOY Sales | New Listings | Avg DOM | SP/LP | SNLR | MOI | Terminations |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All Types | $1,575,743 | ▲ +7.9% | $1,405,000 | 313 | ▲ +1.3% | 796 | 32 | 97% | 39% | 4.27 | 314 |
| Detached | $1,951,763 | ▼ −0.1% | $1,675,000 | 194 | ▲ +28.5% | 453 | 32 | 97% | 43% | 3.65 | 168 |
| Semi-Detached | $1,106,500 | ▼ −0.1% | $1,124,000 | 12 | ▲ +9.1% | 20 | 21 | 96% | 60% | 2.17 | 8 |
| Townhouse | $1,217,308 | ▲ +5.7% | $1,020,000 | 39 | ▼ −37.1% | 118 | 31 | 97% | 33% | 5.21 | 38 |
| Condo Apartment | $747,183 | ▼ −13.5% | $556,250 | 40 | ▼ −31.0% | 137 | 40 | 96% | 29% | 7.44 | 69 |
Oakville pushed past 300 sales in May for the first time in months — a notable rebound from 256 in April. Detached sales were up 28% year-over-year with average prices essentially flat (-0.1%). The detached market is genuinely active and balanced. Semi-detached, while a small segment, is tight at 60% SNLR and just 2.17 months of inventory — well into sellers’ territory.
The softer story is townhouses and condos. Townhouse sales were essentially flat year-over-year, but average price climbed nearly 6%. Condos remain the buyer-friendly segment in Oakville: 29% SNLR, 7.4 months of inventory, and average prices down 13.5% year-over-year. They’ve improved from April’s 11+ months of inventory but they still favour buyers heavily. If you’re looking for an Oakville condo, the data is on your side — more choice, less competition, softer pricing than last spring.
The Bank of Canada’s next rate decision is June 10 — consensus expects another hold at 2.25%. Fixed mortgage rates have been creeping up over the past few months, tied to rising bond yields. The fixed-vs-variable gap remains tight enough that variable is worth a hard look for buyers comfortable with some rate risk. Worth a real conversation with a mortgage professional before deciding.
Want to see what’s actually for sale right now? Browse Oakville listings →
Use This Data to Make Your Move
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