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Vieira Real Estate Associates Brokerage
CENTURY 21 Miller Real Estate Ltd, Brokerage
When would you like to visit...
Vieira Real Estate Associates Brokerage
CENTURY 21 Miller Real Estate Ltd, Brokerage
Oakville Real Estate Market Stats — February 2026
Prepared by Vieira Real Estate Associates • Updated March 2026
Quick take: Buyers gain choices in an active market
Sales: +9.09%
Avg Price: $1,325,983
Median: $1,180,000
Active: 892
Sales activity strengthened in February, though average prices remain down year-over-year. Buyers are taking their time and leaning toward affordable segments, signaling a price-sensitive but decidedly active market.
February 2026 Overview
Here’s a quick look at what happened in the Oakville real estate market this February. Across Oakville, the average sale price was $1,325,983 (-11.86% YoY), while the median price was $1,180,000 (-6.35% YoY).
Sales activity was slightly stronger, with 156 homes sold (+9.09%), though homes took a bit longer to sell with average days on market creeping up to 36 days.
Overall, Oakville remains active, but buyers are clearly more selective and price-sensitive than in past years. Well-priced homes are still selling, but strategy and preparation are more important than ever to capture buyer attention.
Highlights at a Glance
Total Sales
156
Change: +9.09%
Average Price
$1,325,983
-11.86% YoY
Median Price
$1,180,000
-6.35% YoY
Avg. Days on Market
36
+9 days
Active Listings
892
-5.61% YoY
New Listings
495
-7.48% YoY
Detached Sales
71
Change: +1.43%
Condo Sales
34
Change: +61.90%
All of Oakville — Key Metrics
| Metric | Value | Change (YoY) |
|---|---|---|
| Average Price | $1,325,983 | -11.86% |
| Median Price | $1,180,000 | -6.35% |
| # of Sales | 156 | +9.09% |
| Avg Days on Market | 36 | +9 days |
| New Listings | 495 | -7.48% |
| Active Listings | 892 | -5.61% |
Segment Breakdown
| Detached | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $1,874,277 | -11.37% | Largest segment of the market |
| Median Price | $1,582,000 | -14.88% | |
| # of Sales | 71 | +1.43% | |
| Avg DOM | 29 | +1 days | |
| New Listings | 270 | +27.96% | Inventory continues to build |
| Active Listings | 447 | +4.68% | Giving buyers more choice |
| Freehold Towns | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $1,152,697 | +3.34% | Showed resilience in price |
| Median Price | $1,105,000 | +0.51% | |
| # of Sales | 29 | -14.71% | Sales activity declined |
| Avg DOM | 46 | +27 days | |
| New Listings | 65 | -35.00% | |
| Active Listings | 126 | +0.80% | |
| Condo Apartments | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $600,115 | -10.66% | |
| Median Price | $520,000 | -5.45% | |
| # of Sales | 34 | +61.90% | Significant increase in volume |
| Avg DOM | 43 | +11 days | |
| New Listings | 105 | -34.78% | |
| Active Listings | 243 | -20.07% | More buyers entering affordable segments |
What This Means for Buyers
With inventory building in dominant segments like detached homes, choice is strong. Buyers are taking their time, negotiating carefully, and proving to be highly price-sensitive. If you are prepared, you currently have the leverage to be selective and find a home that fits your budget.
What This Means for Sellers
While the market is undeniably active, the increase in days on market shows that buyers won't bite if the value isn't there. Well-priced homes continue to sell successfully, but preparation, staging, and a precise pricing strategy are now mandatory to cut through the competition.
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 — February 2026
Are prices going up or down?
Overall, average prices are down compared to last year. The average price in February was $1,325,983 (-11.86% YoY). However, the freehold townhome segment showed resilience with a slight 3.34% increase.
Did sales improve?
Yes. Overall sales volume increased 9.09% year over year with 156 transactions. The condo segment, in particular, saw a massive 61.90% increase in sales.
Are buyers still active in Oakville?
Absolutely, but they are becoming increasingly selective and price-sensitive. We're seeing more buyers migrate toward more affordable entry points, like the condo market.
Is now a good time to list?
Because buyers have more inventory to choose from, well-priced and beautifully presented homes are winning. If you have the right pricing strategy and marketing plan, it is still a solid time to achieve results.
Sources: Local MLS® data for February 2026. Figures rounded.
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Jun 4th, 2024
I cannot speak highly enough of Jamie and the team! From the moment we listed our property, he was proactive, communicative and dedicated to achieving the best possible results. Working with Jamie was an absolute pleasure, and I would highly recommend him to anyone!
Nicole EndicottApr 10th, 2024
My family has worked with Rania for many years with many properties and can say with confidence that she is the best of the best. Her professionalism and knowledge within the industry is unmatched. She has high integrity and is very conscientious and tenacious. She’s a great listener and …My family has worked with Rania for many years with many properties and can say with confidence that she is the best of the best. Her professionalism and knowledge within the industry is unmatched. She has high integrity and is very conscientious and tenacious. She’s a great listener and doesn’t waste your time. She’s highly responsive and pays great attention to detail. She has effective negotiation skills and is skilled with all types of complex issues. There is no one else we would choose to represent us. Thank you Rania![read more]
Shaden HsMay 25th, 2022
Our experience with Jamie and his team was excellent!The process of buying and selling was quick and easy with amazing results. He left a great first impression from the first meeting, answering all our questions and making us feel very much at ease. His knowledge and expertise with real estate …Our experience with Jamie and his team was excellent!The process of buying and selling was quick and easy with amazing results. He left a great first impression from the first meeting, answering all our questions and making us feel very much at ease. His knowledge and expertise with real estate was evident in every aspect. He is professional, transparent, approachable and possesses great negotiating sills! He was an absolute pleasure to work with. We will definitely seek his assistance in the future with our real estate needs. Our experience was definitely a 10/10! We enjoyed working with Jamie and would highly recommend him and his team!E & F Jaud[read more]
Esiafranz JaudSep 20th, 2020
Jamie Vieira and his team did a fantastic job in selling our house.We sold in 3 days!!!Everyone was extremely professional ,efficient whilst being so warm and freindly.Thankyou so much.Highly recommended.
Michelle Dixon gentleDec 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 ShanksJun 4th, 2018
Michelle exceeded all of our expectations as our agent. She was very professional, organized and willing to help at any given time throughout this difficult process. I don’t think I would have gotten through it without her guidance and patience. I felt that both Michelle and Jamie went above and …Michelle exceeded all of our expectations as our agent. She was very professional, organized and willing to help at any given time throughout this difficult process. I don’t think I would have gotten through it without her guidance and patience. I felt that both Michelle and Jamie went above and beyond their duties, even helping me find a great childcare provider in our new neighbourhood! We are very thankful :)[read more]
Mara Alvarez de lorenzanaFeb 20th, 2022
Jamie and his team are absolutely amazing. I've used him twice and both times he nevered disappointed. His knowledge and expertise is second to none. Thanks Jamie and your team for everything!!!
Jamie LittleMar 20th, 2020
I’ve worked with Michelle Andreacchi twice now and wouldn’t have it any other way. She is very knowledgeable and has a pulse on the industry. You can tell that she loves her job and that shows through her commitment to her clients !
Whitney ThorneAug 8th, 2022
Had the pleasure of working with Jamie and his team on the recent purchase and sale of my properties. Jamie was always on time, professional and very easy to work with. I would absolutely recommend Jamie and his team to anyone. Thank you Jamie, I hope to not move again for a long time, but would definitely use you again :)
Julie AveryJan 20th, 2017
Jamie is a both a wonderful realtor and a wonderful person! Each year, he brings the community together with his wonderful Santa in the Park event, raising money for Easter Seals and delighting all the kids in the neighbourhood. As a realtor, he's patient, professional, and highly knowledgeable. I …Jamie is a both a wonderful realtor and a wonderful person! Each year, he brings the community together with his wonderful Santa in the Park event, raising money for Easter Seals and delighting all the kids in the neighbourhood. As a realtor, he's patient, professional, and highly knowledgeable. I can't count the number of houses he showed us! I highly recommend Jamie and his team, and I look forward to working with them again soon.[read more]
Shawna Botelho
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