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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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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 sungJan 20th, 2017
Before working with Jamie, I had three agents in three years but since I met Jamie in 2008 I never look for any other agent , I have also referred two of my friends who are happy. Jamie is very professional, one window shopping where you find all the solutions related to buying or selling home. Jamie is very prompt and helpful. A great guy to work with:)
Noor SaleemDec 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 HaJan 20th, 2018
Jamie is an amazing realtor. He is great to work with as he is highly professional, hard working and very accessible. I highly recommend him for anyone looking to purchase or sell property.
Mundeep DhaliwalAug 31st, 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.
Millie GFeb 17th, 2023
I had struggled to sell my condo for several months before contacting Jamie. From the initial meeting and a full breakdown of the current market with extensive knowledge, to the efficient closing ensuring all details were overseen with the highest level of care, I was really wowed by Jamie and his …I had struggled to sell my condo for several months before contacting Jamie. From the initial meeting and a full breakdown of the current market with extensive knowledge, to the efficient closing ensuring all details were overseen with the highest level of care, I was really wowed by Jamie and his team. The entire process was stress-free and seamless.Having worked with other agents in the past, I was surprised at the level of care and dedication I received from the entire team. They were extremely professional, and provided a high-quality service while being friendly and response. This all led to the sale my condo within days of listing, at a price I was very happy with. Thank you Jamie Vieira & Associates for such a seamless, enjoyable process![read more]
Katarina KNov 10th, 2023
Jamie and the whole team went above and beyond in helping us sell our home. From our very first meeting we knew he was the right person for the job. He was always available for questions or concerns and had the knowledge to make us feel secure. The whole team is extremely professional and a …Jamie and the whole team went above and beyond in helping us sell our home. From our very first meeting we knew he was the right person for the job. He was always available for questions or concerns and had the knowledge to make us feel secure. The whole team is extremely professional and a pleasure to work with. We can not say enough great things and definitely will be recommending Jamie to our friends and family.[read more]
Ann EllsMar 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 Jul 20th, 2020
Jamie is a consummate professional. He is a extremely knowledgeable and his experience shows as he guided us successfully through our purchase of our beautiful property. He is immediately responsive by text and phone and he is always a pleasure to work with. I would highly recommend Jamie to anyone purchasing or selling a home.
Tony AntoniouMar 31st, 2021
Thank you Jamie and Team for your wonderful services. We have been royally treated and it has been a wonderful experience. You are very professional, punctual, attentive to details, and respectable. You and your team clearly out the customers needs first. It’s been a pleasure working with you and …Thank you Jamie and Team for your wonderful services. We have been royally treated and it has been a wonderful experience. You are very professional, punctual, attentive to details, and respectable. You and your team clearly out the customers needs first. It’s been a pleasure working with you and we are looking forward to future opportunities. Keep up the excellent work you’re all doing![read more]
Grace Saba
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