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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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Mar 17th, 2021
I was working with Jamie and his team to sell my townhouse in Oakville and upgrade it with buying a detached. The process took 1.5 months. I bought first and sold my townhouse after 3 days showing with the highest price in my neighborhood since 8 years ago.Jamie’s knowledge to Oakville real …I was working with Jamie and his team to sell my townhouse in Oakville and upgrade it with buying a detached. The process took 1.5 months. I bought first and sold my townhouse after 3 days showing with the highest price in my neighborhood since 8 years ago.Jamie’s knowledge to Oakville real state, the different strategies that he had in selling and buying processes, market analysis and his availability 24/7, made me amazed and happy.His services is fabulous. No push to buy, great advisor, very honest and calm in all situations that we were facing during this transition.He is a magician to run deals to ensure his clients get the best benefit, financially and emotionally.[read more]
Sarzandeh Apr 6th, 2021
Jamie and Tania are very thorough and professional. We wanted to rent out our property and they were on top of things from day one! Thank you so much for all your work!
Jessica Jihyun sungSep 12th, 2021
Jamie and his team are amazing. They did a thoroughly professional job researching, advising, staging and marketing our moms home. Sold in 1 day at 13.5% over listing price.
Sam DavidsonDec 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.
Joanne VanelliOct 28th, 2025
Jamie and team helped rent our home within a few weeks of listing for top of the market price, with a AAA tenant. Would 💯 use again!
R BJun 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 lorenzanaJan 20th, 2017
Efficient, effective and results driven. Great communication throughout the process and very efficient, never had to meet up more than the bare minimum required. Even then he setup digital signature process allowing me to do the transaction from home! He is very flexible and works to your schedule …Efficient, effective and results driven. Great communication throughout the process and very efficient, never had to meet up more than the bare minimum required. Even then he setup digital signature process allowing me to do the transaction from home! He is very flexible and works to your schedule and preference. If you prefer to meet, he's always available. If you never want to leave your house, everything is seamlessly taken care of over email. Leased the same unit twice with him and both times we got asking and a very credible tenant. 10/10 would recommend and/or use his services again![read more]
Waqas KhanMay 3rd, 2021
I contacted Elaine regarding leasing a home in the Oakville/Burlington area. She understood my needs right away and was patient as I was contemplating buying as well. She helped me find a lovely home in Burlington and guided me through the process. Today's buying environment is competitive and Elaine helped me keep my head together.
Stephen HamiltonAug 23rd, 2022
Jamie is very professional and extremely knowledgeable about our neighbourhood. I was greatly impressed at our meeting, and selected him without any hesitation. He is an absolute pleasure to work with. In a market that slows down a bit, you will definitely need someone like Jaime that can give you …Jamie is very professional and extremely knowledgeable about our neighbourhood. I was greatly impressed at our meeting, and selected him without any hesitation. He is an absolute pleasure to work with. In a market that slows down a bit, you will definitely need someone like Jaime that can give you timely feedback and good advices from time to time. Working with Jaime and his team has been an absolutely wonderful experience for me. I would highly recommend him and his team![read more]
Richard Xu
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