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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 26th, 2021
Jamie and team were amazing! They helped my husband and I sell our condo and purchase our new home within two weeks! Always so thorough and professional and great to work with. We definitely put our trust in Jamie Vieira & Associates. Many thanks!!
Lorene SousaJan 20th, 2020
Jamie and team were very professional and sold our home very quickly. We were very please with the staging and communication of bookings. Very professional and a pleasure to work with. I would definitely recommend Jamie Vieira & Associates to anyone selling their home.
Lorene SousaApr 5th, 2024
Rania is truly the best in the business. She always has her client’s best interests at heart and ensures that the process goes smoothly from start to finish. There’s no one else I would recommend to find you your dream home!
Yasmine HaggagAug 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 AveryJan 20th, 2020
I cannot put into words how thankful my wife and I were to have worked with Elaine on helping us find (and close on!) our 'forever' home as well as sell our existing home. She provided staging services, marketing and a selling strategy which resulted in multiple offers and us receiving top-dollar. …I cannot put into words how thankful my wife and I were to have worked with Elaine on helping us find (and close on!) our 'forever' home as well as sell our existing home. She provided staging services, marketing and a selling strategy which resulted in multiple offers and us receiving top-dollar. I believe what sets her apart from other agents is her unwavering support for her clients, sharp negotiating skills and a genuine passion for what she does.For our house search, she sourced homes for us to check out and it wasn't uncommon to receive update emails or just check ins. She was also very much in tune with what our priorities were when looking for our home. We had very particular asks and she was able to accommodate our desires and focus our search.She came to the table with location, community, layout and renovation recommendations which proved to be invaluable. On top of everything else, Elaine guided us through the entire process with a smile. Besides her sharp professionalism and attention to detail, she brought personality, humor and levity to every single day. I guess it goes without saying, but Elaine will be our agent of choice for all of our future real estate endeavors.Thank you![read more]
Shane FieldsJan 20th, 2019
Jamie and staff were very professional and personable. Our sale went smoothly and quickly. We would recommend this team and would use them on our next transaction.
Bill McdJan 20th, 2019
Elaine Wych - It has been very comforting working with Elaine. Her professionalism, patience and commitment to finding the perfect place for us made the entire process enjoyable. Thank you.
Donato AtoniJan 20th, 2020
Michelle Andreacchi was a pleasure to deal with. Very professional and quick to respond. 5 stars all the way.
Michelle ChampagneJun 9th, 2025
Good guy
Roberto Paul lou nicholas ottogalliDec 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]
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