OakvilleHousing market

Oakville

Oakville Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

7

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of +3 months indicates a buyers's market, where homes are selling slowly and there are more homes than available buyers.

45

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

1,016 active

New

590(+20.16% YoY)

Relisted

18(+12.50% YoY)

Compared to number of active, same period, in 2024: 425, in 2023: 181, in 2022: 181

Total Sold Listings*

150 sold

Median Sold Price

$1,269,500

Avg Days on Market

45 days

Median Bidding

-$28,000

Compared to number of sold, same period, in 2024: 234, in 2023: 194, in 2022: 194

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Oakville - All types

Sold vs Active vs New vs Relisted - Oakville - All types

Sold Price Distribution - Oakville - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Oakville - All types

Property type distribution based on data from the last 3 months.

Median Price - Oakville - All types

Just listed - Oakville

Home with brick exterior material, street for 1147 Lindsay Dr, Oakville Ontario L6M 3B7

1 day on market

Up to12K Cashback

1147 Lindsay Dr, Oakville

Semi-Detached431500-2000 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Home with brick exterior material, street for 2551 Sixth Line #14, Oakville Ontario L6H 0H7

1 day on market

Up to7K Cashback

2551 Sixth Line #14, Oakville

Condo22900-999 sq ft

Listed by JOHNSTON & GREEN REAL ESTATE LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1222 Cottonwood Cres, Oakville Ontario L6M 2W6

1 day on market

Up to10K Cashback

1222 Cottonwood Cres, Oakville

Townhouse341500-2000 sq ft

Listed by INTERNATIONAL REALTY FIRM, INC.

Just sold - Oakville

Home with brick exterior material, street for 113 Westchester Rd, Oakville Ontario L6H 6H9

Sold for $2,140,000

$8K below asking

113 Westchester Rd, Oakville

Detached553000-3500 sq ft

Listed by RE/MAX ABOUTOWNE REALTY CORP.

Home with brick exterior material, street for 1261 Jezero Cres, Oakville Ontario L6H 0B5

Sold for $1,310,000

$122K above asking

1261 Jezero Cres, Oakville

Semi-Detached4+14- sq ft

Listed by HOMELIFE LANDMARK REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 3500 Lakeshore Rd #808, Oakville Ontario L6L 0B4

Sold 2 days ago

Sold for $950,000

$25K below asking

3500 Lakeshore Rd #808, Oakville

Condo22900-999 sq ft

Listed by KELLER WILLIAMS EDGE REALTY

Population and Demographics

Overview

Total population 215757

Average household income $199,232

Age (%)

0 to 19

26%

35 to 49

21%

50 to 64

21%

20 to 34

16%

65 and plus

16%

Household composition (%)

Single family

78%

Single person

20%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

68%

Mandarin

8%

Others

5%

Arabic

4%

Spanish

3%

Urdu

2%

Portuguese

2%

Polish

1%

French

1%

Italian

1%

House tenancy (%)

Owners

78%

Renters

22%

Top 5 Schools in Oakville

Forest Trail Public School (Elementary)1406 Pine Glen Road, L6M 4B9, Oakville, ON

10/10

Public•1-8

Al-Falah Islamic391 Burnhamthorpe Rd E, L6H 7B4, Oakville, ON

9.7/10

Private•

École Élémentaire Patricia-Picknell1257 Sedgewick Cres, L6L 1X6, Oakville, ON

9.6/10

Public•JK-6

W H Morden Public School180 Morden Rd, L6K 2S3, Oakville, ON

9.3/10

Public•JK-8

Sunningdale Public School1434 Oxford Ave, L6H 1T4, Oakville, ON

9.2/10

Public•1-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance