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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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Jan 20th, 2019
Michelle Andreacchi and her team were excellent and professional in selling my home. I would highly recommend her and the Vieira team to handle all your real estate needs.
Darrell VMar 31st, 2021
Jamie is the best realtor we have had the pleasure of working with. We would highly recommend him to anyone looking for honesty, integrity, courteousy, and very knowledgeable about real estate.
Anne RobertsDec 21st, 2021
Working with Jaime and his team has been an absolutely wonderful experience. We listed our home for rent expecting it to be on the market for several months as there were 6+ more rental properties listed in the area. Jaime Vieira & Associates had it rented it two weeks!! The team is very …Working with Jaime and his team has been an absolutely wonderful experience. We listed our home for rent expecting it to be on the market for several months as there were 6+ more rental properties listed in the area. Jaime Vieira & Associates had it rented it two weeks!! The team is very professional and gets it done! We got what we were asking and so much quicker than expected. We highly recommend working with Jaime, you will thank us for it![read more]
Petra Jan 20th, 2017
Jamie has been my one and only Realtor for the past 9 years, having purchased and sold a total of 8 properties with him. He is very knowledgeable of the housing market in general, and makes the entire buying and selling experience so comfortable. He uses very professional marketing materials to …Jamie has been my one and only Realtor for the past 9 years, having purchased and sold a total of 8 properties with him. He is very knowledgeable of the housing market in general, and makes the entire buying and selling experience so comfortable. He uses very professional marketing materials to list your home, and a team of wonderful staff to assist. I have always valued his honesty when buying with him, and appreciate that he won't just try to sell you any random house to make a quick buck. He will be patient to help you find just the right place. Thanks Jamie![read more]
Sabrina GJan 20th, 2020
Working with Michelle Andreacchi was excellent. High level of communication and professionalism from start to finish. As a colleague, I would look forward to working on another deal with her.Thanks goes out to the whole Jamie Vieira Team!
Jermaine BainJan 15th, 2026
Jamie is great to work with and truly takes care of his clients. He’s always responsive, answers his phone, and makes himself available whenever questions come up. His reliability, professionalism, and genuine commitment to his clients make the entire experience smooth and stress-free. Anyone working with Jamie is in very good hands!
Lionet HasburyAug 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 AveryDec 30th, 2020
Jamie is a professional and an extremely knowledgeable in terms of the house market as well as the area. His experience and knowledge let us know about the house and the location and which things we should think of when purchasing a house. He is always accessible and immediately responsive by text …Jamie is a professional and an extremely knowledgeable in terms of the house market as well as the area. His experience and knowledge let us know about the house and the location and which things we should think of when purchasing a house. He is always accessible and immediately responsive by text and phone, even email.It was my pleasure to work with him and I will work with him next time when I go for another house.I would highly recommend Jamie to anyone purchasing or selling the properties.[read more]
Sam HaJun 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 lorenzanaAug 16th, 2021
My experience with Jamie and his team was fantastic. They bent over backward to assist me to find the perfect home.responded very quickly to my questions or concerns and guided me in the right direction. I would recommend them as an outstanding service!! Thank you to the team!
Elizabeth Gomez
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