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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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Sep 20th, 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.
Michelle Dixon gentleMay 15th, 2024
Jamie Vieira is a top-tier realtor who brings unparalleled expertise and dedication to every transaction. His availability was unmatched throughout my home-buying journey. Whether day or night, he was there to answer questions and offer guidance, ensuring a seamless experience. His dedication truly …Jamie Vieira is a top-tier realtor who brings unparalleled expertise and dedication to every transaction. His availability was unmatched throughout my home-buying journey. Whether day or night, he was there to answer questions and offer guidance, ensuring a seamless experience. His dedication truly sets him apart.Thank you Jamie and Vieira Real Estate team![read more]
Andre AlvesJul 22nd, 2022
Jamie and his team were amazing in getting our home sold quickly, and for a great price.
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As a colleague with Jamie for 20 years, personal and professional realtor that can help you with all your real estate needs!
Brad StevenettAug 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 GJun 20th, 2020
Amazing, reliable, honest real estate agent! Professional and highly responsive at all times!
Julie YossefJan 20th, 2019
Buying/selling a home could be a stressful process. We have worked with a few Real Estate professionals in the past and would always have some or the other issue cropping up, be it in terms of their knowledge of the market, competitive pricing or providing guidance at the right time thereby helping …Buying/selling a home could be a stressful process. We have worked with a few Real Estate professionals in the past and would always have some or the other issue cropping up, be it in terms of their knowledge of the market, competitive pricing or providing guidance at the right time thereby helping in decision making.Working with Jamie and his team was probably the best experience we have ever had. We never knew real estate transactions could be so smooth. He and his associates are extremely professional and fair in their approach. From the very first interaction, he made us feel comfortable. Also, with his knowledge about the market and the pre-work he had done even before our first meeting, it didn't take us much time to sign up with him as our representative.The best thing about working with Jamie is that with all his knowledge and experience, he will counsel you at every step of the process but would still allow you to be in the driving seat and make your own decisions.We would highly recommend Jamie and his team and wish them all the best for future!D & V[read more]
Vishal TanejaMay 20th, 2024
Jamie Vieira is a top-tier realtor who brings unparalleled expertise and dedication to every transaction. His availability was unmatched throughout my home-buying journey. Whether day or night, he was there to answer questions and offer guidance, ensuring a seamless experience. His dedication truly …Jamie Vieira is a top-tier realtor who brings unparalleled expertise and dedication to every transaction. His availability was unmatched throughout my home-buying journey. Whether day or night, he was there to answer questions and offer guidance, ensuring a seamless experience. His dedication truly sets him apart. Thank you Jamie and Vieira Real Estate team![read more]
Andre AlvesDec 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]
Palma Nov 13th, 2024
Jamie and his team are the best in the business. My family has relied on Jamie for over a decade and he has surpassed our expectations every time. Jamie is professional, kind and relatable. I highly recommend Vieira Real Estate Associates.
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