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Vieira Real Estate Associates Brokerage
CENTURY 21 Miller Real Estate Ltd, Brokerage
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Vieira Real Estate Associates Brokerage
CENTURY 21 Miller Real Estate Ltd, Brokerage
Oakville Real Estate Market Stats — August 2026
Prepared by Vieira Real Estate Associates • Updated September 2026
Quick take: Prices soften as inventory tightens
Sales: -3.79%
Avg Price: $1,324,472
Median: $1,200,000
Active: 957
Oakville stayed price-sensitive in August, with softer average prices and slightly fewer sales. The bigger shift is supply, as both new and active listings fell sharply year over year, which could give buyers less to choose from heading into the fall.
August 2026 Overview
Here's a quick look at what happened in the Oakville real estate market this August. The average sale price was $1,324,472 (-6.42% YoY), while the median price actually increased to $1,200,000 (+2.56% YoY).
A total of 203 homes sold (-3.79%), suggesting activity held relatively steady despite the decline in average price. Homes took just a little longer to sell, with average days on market at 39 days.
The bigger story may be supply. New listings fell nearly 39% and active inventory dropped almost 23% compared with last August. With considerably fewer homes coming to market, buyers may have less selection heading into the fall.
Highlights at a Glance
Total Sales
203
Change: -3.79%
Average Price
$1,324,472
-6.42% YoY
Median Price
$1,200,000
+2.56% YoY
Avg. Days on Market
39
+1 day
Active Listings
957
-22.82% YoY
New Listings
421
-38.54% YoY
Detached Sales
103
Change: -2.83%
Condo Sales
35
Change: -18.60%
All of Oakville — Key Metrics
| Metric | Value | Change (YoY) |
|---|---|---|
| Average Price | $1,324,472 | -6.42% |
| Median Price | $1,200,000 | +2.56% |
| # of Sales | 203 | -3.79% |
| Avg Days on Market | 39 | +1 day |
| New Listings | 421 | -38.54% |
| Active Listings | 957 | -22.82% |
Segment Breakdown
| Detached | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $1,787,896 | -5.84% | Largest segment of the market |
| Median Price | $1,604,000 | -4.10% | |
| # of Sales | 103 | -2.83% | |
| Avg DOM | 41 | +6 days | |
| New Listings | 216 | -33.13% | Fewer homes coming to market |
| Active Listings | 511 | -19.02% | Tighter supply than last year |
| Freehold Towns | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $1,052,614 | -5.51% | |
| Median Price | $946,000 | -10.63% | |
| # of Sales | 37 | -2.63% | Sales held fairly steady |
| Avg DOM | 29 | -8 days | Selling faster than last year |
| New Listings | 74 | -43.94% | |
| Active Listings | 147 | -15.03% | |
| Condo Apartments | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $705,448 | -8.10% | Largest price decline of any segment |
| Median Price | $515,000 | -9.97% | |
| # of Sales | 35 | -18.60% | |
| Avg DOM | 44 | -2 days | |
| New Listings | 82 | -47.77% | |
| Active Listings | 215 | -29.51% | Supply pulling back sharply |
What This Means for Buyers
Softer average prices give buyers some room to negotiate, and there is still enough on the market to be selective. That said, the drop in new and active listings means the window of wide choice may be narrowing. If you are prepared and pre-approved, acting while prices are soft could pay off before shrinking supply tightens competition this fall.
What This Means for Sellers
Fewer homes are competing for buyer attention right now, which works in your favour. Median prices even ticked up across Oakville overall. Buyers are still price-sensitive though, so preparation, staging, and a sharp pricing strategy remain the difference between a quick sale and a listing that lingers.
Your Move Starts Here
Buying, selling, or just curious about your home's value? Let's build a plan around your goals, grounded in Oakville data.
Prefer to talk to a person? Meet the Vieira Team — we love talking real estate.
Oakville Market FAQs — August 2026
Are prices going up or down?
It is mixed. The average price is down compared to last year at $1,324,472 (-6.42% YoY), but the median price actually rose to $1,200,000 (+2.56% YoY). That combination points to a market that is soft at the top end but steady in the middle.
Did sales hold up?
Yes, mostly. Overall sales dipped just 3.79% year over year to 203 transactions. Detached and freehold town sales were nearly flat, while the condo segment saw the biggest pullback at -18.60%.
What is happening with inventory?
Supply tightened noticeably. New listings fell 38.54% and active listings dropped 22.82% compared with last August. Fewer homes on the market could mean less choice for buyers heading into the fall.
Is now a good time to list?
With fewer homes competing for attention, well-priced and well-presented listings stand out more than usual. Buyers are still selective, so the right pricing strategy and marketing plan remain essential to a strong result.
Sources: Local MLS® data for August 2026. Figures rounded.
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Jan 20th, 2020
Jamie guided me through the buying process, provided professional advice, and ensured a stress-free experience. He made himself available on short notice and worked quickly while maintaining clear communication. I am happy I called Jamie and plan to work with him again in the future.
Greg DavidsonOct 20th, 2021
We have used them a few times and they always provide great service. They sold our homes quickly and for more than asking.
Margaret MargaretJun 10th, 2023
Michelle provided exhaustive research to help us set a reasonable price. She worked tirelessly to screen potential buyers for our unique and difficult property. She is a star.
Scott GrayDec 13th, 2025
From sale to purchase, Jamie and his team were there for us, helping us feel informed and confident every step of the way.
Dustin ShanksSep 26th, 2021
Jamie and his team were fantastic. He did a great marketing job on our home and our house sold in 3 days! We are very happy with the service and Jamie's responsiveness to our questions. I would have no problem recommending Jamie Vieira & Associates.
Joannegv Jan 20th, 2017
Fantastic Realtor! Extremely knowledgeable and thorough. Would highly recommend to anyone looking to buy or sell!
Jenn MorleyJan 13th, 2026
Great experience with Elaine, she was very helpful and was explaining everything step to us in details. Overall we had a great experience working with her.
Noran ZarzourSep 5th, 2022
Five stars +++ Jamie assisted us in both our sale and purchase. We had worked with other agents in the past so we saw the true value of what Jamie brought to the table. The service, guidance and expertise we experienced with Jamie was second to none! He is professional, responsive, knowledgable …Five stars +++ Jamie assisted us in both our sale and purchase. We had worked with other agents in the past so we saw the true value of what Jamie brought to the table. The service, guidance and expertise we experienced with Jamie was second to none! He is professional, responsive, knowledgable and offered much appreciated details about the homes and neighbourhoods we were considering. When we were selling our home, the interest rates began rising, and naturally traffic slowed. Jamie came up with strategies to increase traffic which helped us sell in time. His experience and trusted network of other local agents aided us immensly and showed how respected he is in the industry. Jamie and Elaine always made themselves available to accommodate our schedules so no time was wasted when we were searching for our next family home. Thanks to Tania, we received prompt feedback so we were always in the loop. The entire team is kind, efficient and an absolute pleasure to work with! We highly recommend Jamie and Associates and will hire them again!![read more]
Anita CJul 20th, 2020
Michelle Andreacchi exceeded our expectations!
Julia TrentonAug 20th, 2020
Elaine continues to offer the highest level of service and professionalism. She goes above and beyond for her customers and will continue to be my number 1 choice for all my realtor needs in the Burlington and Oakville area.
Jen Newman
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