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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
Sales in Oakville edged up in October while GTA totals fell. Prices remain below last year, inventory is elevated but steady, and recent rate cuts are easing pressure—signs of a slowly stabilizing market.
Oakville posted a 2.89% increase in sales while the GTA as a whole declined ~8%. The average price across all property types was $1,361,258 (-8.97% YoY)—well below the March 2022 peak of $1.85M. Active listings remained elevated at 1,247 (+23% YoY), consistent with most of 2025.
The Bank of Canada cut the overnight rate by 0.25% to 2.25% at the end of October. This benefits variable-rate borrowers and lines of credit, but 5-year fixed rates have held roughly 4–4.5% for over a year. While lower variable rates haven’t sparked a surge in demand, pricing looks set to level out into the new year.
Total Sales
Average Price
Median Price
Avg. Days on Market
Active Listings
New Listings
Detached Sales
Condo Sales
| Metric | Value | Change (YoY) |
|---|---|---|
| Average Price | $1,361,258 | -8.97% |
| Median Price | $1,210,000 | -6.60% |
| # of Sales | 249 | +2.89% |
| Avg Days on Market | 33 | +2 days |
| New Listings | 669 | +18.20% |
| Active Listings | 1,247 | +23.22% |
| Detached | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $1,768,562 | -9.64% | |
| Median Price | $1,598,000 | -2.56% | |
| # of Sales | 134 | +7.20% | Largest sales gain |
| Avg DOM | 33 | +4 days | |
| New Listings | 342 | +24.36% | |
| Active Listings | 653 | +31.65% | |
| Freehold Towns | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $1,097,713 | -9.34% | |
| Median Price | $1,052,000 | -4.36% | |
| # of Sales | 40 | -23.08% | Softest segment by volume |
| Avg DOM | 30 | +3 days | |
| New Listings | 125 | +27.55% | |
| Active Listings | 194 | +24.36% | |
| Condo Apartments | |||
|---|---|---|---|
| Metric | Value | Change | Notes |
| Average Price | $579,454 | -28.05% | Largest YoY price drop |
| Median Price | $525,000 | -13.93% | |
| # of Sales | 37 | +5.71% | |
| Avg DOM | 43 | -4 days | Faster than Sept |
| New Listings | 133 | +7.26% | |
| Active Listings | 282 | +11.90% | |
Prices have adjusted from the 2022 peak and choice is strong. With variable rates easing and fixed rates steady, qualified buyers can negotiate confidently and lock terms that fit their plans—especially before sentiment improves.
Inventory remains elevated, so presentation and pricing strategy are critical. Homes that show well and are positioned precisely still attract solid offers. We combine local insight with modern marketing to make your listing stand out.
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Buying, selling, or just curious about your home’s value? Let’s build a plan around your goals—grounded in Oakville data.
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Are prices going up or down?
The average price in October was $1,361,258 (-8.97% YoY). Month to month, pricing is moving within a narrow band—suggesting stabilization.
Did sales improve?
Yes. Sales increased 2.89% in Oakville while GTA-wide sales declined. Detached homes saw the largest sales gain.
How are interest rates affecting buyers?
The BoC reduced the overnight rate to 2.25%. Variable-rate pressure is easing, while 5-year fixed rates have held near 4–4.5%.
Is now a good time to list?
With elevated supply, success depends on condition, pricing, and marketing. Well-prepared homes still achieve strong results; strategy matters.
Sources: Local MLS® data for October 2025; Bank of Canada rate announcement (Oct 2025). Figures rounded.


Holly Tkaczyk




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