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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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Dec 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 PSep 5th, 2022
Five stars +++ Jamie assisted us in both our sale and purchase. We had worked with other agents in the past so we saw the true value of what Jamie brought to the table. The service, guidance and expertise we experienced with Jamie was second to none! He is professional, responsive, knowledgable …Five stars +++ Jamie assisted us in both our sale and purchase. We had worked with other agents in the past so we saw the true value of what Jamie brought to the table. The service, guidance and expertise we experienced with Jamie was second to none! He is professional, responsive, knowledgable and offered much appreciated details about the homes and neighbourhoods we were considering. When we were selling our home, the interest rates began rising, and naturally traffic slowed. Jamie came up with strategies to increase traffic which helped us sell in time. His experience and trusted network of other local agents aided us immensly and showed how respected he is in the industry. Jamie and Elaine always made themselves available to accommodate our schedules so no time was wasted when we were searching for our next family home. Thanks to Tania, we received prompt feedback so we were always in the loop. The entire team is kind, efficient and an absolute pleasure to work with! We highly recommend Jamie and Associates and will hire them again!![read more]
Anita CJun 20th, 2020
From the first meeting with Jamie, I was impressed by his professionalism, knowledge and experience in Oakville. Always prepared, focussed and responds quickly to all questions. Within one week of listing, the house sold! He and his team are respectful of the home, property, scheduling, and …From the first meeting with Jamie, I was impressed by his professionalism, knowledge and experience in Oakville. Always prepared, focussed and responds quickly to all questions. Within one week of listing, the house sold! He and his team are respectful of the home, property, scheduling, and provides timely feedback on all showings. Such a pleasure working with Jamie; I highly recommend the Jamie Vieira team.[read more]
Jo StadnykFeb 17th, 2022
The listing and sale of our property was handled by Jamie and his team in a truly professional, knowledgeable and friendly manner. This was first class all the way. Jamie took the stress out of the mix and made this a really great experience. Thanks for an outstanding job.
Vivian RobertsonJan 20th, 2017
We can't say enough about Jamie and his team. We listed with another agent and had a disappointing experience. We let our contract expire and decided to list with Jamie after a referral from a good friend. Jamie is the consummate professional and has an extraordinary team to back him up! We …We can't say enough about Jamie and his team. We listed with another agent and had a disappointing experience. We let our contract expire and decided to list with Jamie after a referral from a good friend. Jamie is the consummate professional and has an extraordinary team to back him up! We were never just 'a listing', and we are so grateful to him for making what started out as a horrible experience, relatively painless! Jamie, we love our new home, it's absolutely perfect!Thank you so much![read more]
Erin RedshawDec 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 HaFeb 25th, 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 ThorneApr 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 sungOct 20th, 2021
We have used them a few times and they always provide great service. They sold our homes quickly and for more than asking.
Margaret MargaretJan 20th, 2017
Jamie is both professional and personable. He is great to work with and goes above and beyond. We will continue to use Jamie's services in the future. I highly recommend him to anyone looking to purchase/sell a home.
Sara G
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