OakvilleHousing market

Oakville

Oakville Housing Market Report

Strong Buyer's Market

All types - for the month of August

Buyer's market Seller's market

7

Months of inventory (MOI)*

MOI 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 MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

39

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*

1,329 active

New

663(+32.87% YoY)

Relisted

36(-2.70% YoY)

Compared to number of active, same period, in 2024: 706, in 2023: 416, in 2022: 212

Total Sold Listings*

195 sold

Median Sold Price

$1,180,000

Avg Days on Market

39 days

Median Bidding

-$39,900

Compared to number of sold, same period, in 2024: 194, in 2023: 195, in 2022: 174

*Data is for the month of August

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 2135 Devonshire Cres, Oakville Ontario L6M 0G2

Up to9K Cashback

2135 Devonshire Cres, Oakville

Detached4+142500-3000 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Home with brick exterior material, street for 142 Toucan Tr, Oakville Ontario L6H 0Y2

$•••,•••

142 Toucan Tr, Oakville

Townhouse431500-2000 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 2226 Westoak Trails Blvd, Oakville Ontario L6M 3N4

Up to8K Cashback

2226 Westoak Trails Blvd, Oakville

Townhouse231500-2000 sq ft

Listed by iCloud Realty Ltd.

Indoor foyer for 2450 Old Bronte Rd #114, Oakville Ontario L6M 5P6

10 mins on Market

Up to15K Cashback

2450 Old Bronte Rd #114, Oakville

Condo1+12700-799 sq ft

Listed by SKYLINE MARKETING REALTY INC.

Home with brick exterior material, street for 3087 Highvalley Rd, Oakville Ontario L6M 5H4

Re-listed 50 mins ago

$•••,•••

Up to15K Cashback

3087 Highvalley Rd, Oakville

Townhouse3+131500-2000 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Home with vinyl exterior material, street for 1192 Morrison Heights Dr, Oakville Ontario L6J 4J1

Re-listed 55 mins ago

$•••,•••

Up to36K Cashback

1192 Morrison Heights Dr, Oakville

Detached4+253000-3500 sq ft

Listed by BAY STREET INTEGRITY REALTY INC.

Patio, street for 3002 Preserve Drive, Unit 33 Dr #33, Oakville Ontario L6M 0V5

4 hours on Market

Up to10K Cashback

3002 Preserve Drive, Unit 33 Dr #33, Oakville

Townhouse442000-2500 sq ft

Listed by SUTTON GROUP REALTY SYSTEMS INC.

Home with brick exterior material, street for 2495 Littlefield Cres, Oakville Ontario L6M 5L9

Re-listed 10 hours ago

$•••,•••

Up to12K Cashback

2495 Littlefield Cres, Oakville

Townhouse331500-2000 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, street for 2101 Shady Glen Rd, Oakville Ontario L6M 3P1

Re-listed 17 hours ago

$•••,•••

Up to10K Cashback

2101 Shady Glen Rd, Oakville

Semi-Detached331100-1500 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Unknown for 138 EAST St #2, Oakville Ontario L6L 0H9

18 hours on Market

Up to16K Cashback

138 EAST St #2, Oakville

Townhouse342000-2500 sq ft

Listed by RE/MAX Escarpment Realty Inc., Brokerage

Just sold - Oakville

Home with brick exterior material, street for 226 Howell Rd, Oakville Ontario L6H 5Y7

Sold 19 hours ago

Sold for $1,460,000

$61K above asking

226 Howell Rd, Oakville

Detached4+141500-2000 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, street for 2503 Gill Cres, Oakville Ontario L6H 6X8

Sold 19 hours ago

Sold for $1,073,000

$26K below asking

2503 Gill Cres, Oakville

Townhouse331500-2000 sq ft

Listed by HOMELIFE LANDMARK REALTY INC.

Home with brick exterior material, street for 2326 Kwinter Rd, Oakville Ontario L6M 0H3

Sold for $1,385,000

$14K below asking

2326 Kwinter Rd, Oakville

Detached341500-2000 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Home with brick exterior material, street for 2314 Marine Dr #2, Oakville Ontario L6L 1C3

Sold for $1,125,000

$74K below asking

2314 Marine Dr #2, Oakville

Condo341200-1399 sq ft

Listed by REAL ESTATE HOMEWARD

Home with brick exterior material, street for 224 O'Donoghue Ave, Oakville Ontario L6H 3W6

Sold for $1,310,000

$65K below asking

224 O'Donoghue Ave, Oakville

Detached3+141500-2000 sq ft

Listed by RE/MAX HALLMARK REALTY LTD.

Home with brick exterior material, street for 261 Grayling Dr, Oakville Ontario L6L 6X4

Sold for $1,260,000

$10K below asking

261 Grayling Dr, Oakville

Townhouse3+141500-2000 sq ft

Listed by Re/Max Hallmark Alliance Realty

Unknown for 2064 Glenada Cres, Oakville Ontario L6H 4M2

Sold for $1,100,000

$151K above asking

2064 Glenada Cres, Oakville

Semi-Detached3+141500-2000 sq ft

Listed by EXP REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1532 Lancaster Dr #42, Oakville Ontario L6H 2Z3

Sold for $675,000

1532 Lancaster Dr #42, Oakville

Condo321000-1199 sq ft

Listed by BOLDT REALTY INC., BROKERAGE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1276 HILLVIEW Cres, Oakville Ontario L6H 2C7

Sold for $1,390,000

$40K below asking

1276 HILLVIEW Cres, Oakville

Detached431500-2000 sq ft

Listed by RIGHT AT HOME REALTY

Home with vinyl exterior material, street for 2380 Bridge Rd, Oakville Ontario L6L 2G6

Sold 2 days ago

Sold for $1,080,000

$19K below asking

2380 Bridge Rd, Oakville

Detached3+221100-1500 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Population and Demographics

Overview

Total population 215757

Average household income $199,232

Age (%)

0 to 19

26%

20 to 34

16%

35 to 49

21%

50 to 64

21%

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