Oakville Real Estate Statistics

Oakville real estate average sold price in the last 30 days (October 21 - November 19) was $1,676,933, which is $276,363 (16.5%) higher than the average price of $1,400,570 in the previous 30 day period (September 21 - October 20), and $166,746 (9.9%) up from the same period 1 year ago ($1,510,187). Oakville real estate prices over the last 30 days are also $213,251 (12.7%) higher than the average selling price of $1,463,682 over the past year.

Oakville average sold price for homes was $2,106,211 in the last 30 days (October 21 - November 19), which is $288,480 (13.7%) up from the average home price of $1,817,731 in the previous 30 day period (September 21 - October 20), and $374,854 (17.8%) higher than the same period 1 year ago ($1,731,357). In the last 30 days Oakville the average home price was $243,266 (11.5%) higher than the average selling price of $1,862,945 over the last 12 months.

Average Oakville condo sold price over the last 30 days (October 21 - November 19) was $902,841. During this period it was $245,459 (27.2%) up from the average price of condo of $657,382 during the previous 30 days (September 21 - October 20), and $541,879 (60.0%) lower compared to the same period 1 year ago ($1,444,720). In the last 30 days Oakville the average condo price was $112,226 (12.4%) higher than the average selling price of $790,615 over the last year.

Average sold price of Oakville townhouse was $1,099,958 in the last 30 days (October 21 - November 19), up $78,269 (7.1%) from the average townhome price of $1,021,689 over the previous 30 days (September 21 - October 20), and $82,789 (7.5%) higher than during to the same period 1 year ago ($1,017,169). Over the last 30 days the average townhouse price in Oakville was $42,199 (3.8%) higher compared to the average selling price of $1,057,759 over the last 12 months.

Average selling price for Oakville real estate was $1,676,933 in the last 30 days (October 21 - November 19), which is collectively $49,754 (2.9%) lower than the average asking price of $1,735,904. This represents a decline of $9,073 (22.3%) compared to $40,681 (2.5%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).

The maximum Sold Over/Under Asking ratio in Oakville during the last 12 months was recorded in March, 2024 with an average of $6,644 under the asking price, while the minimum occurring in December, 2023 with $88,262 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Oakville was 44.0% with 294 properties sold and 590 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 41.5% recorded during the previous 30 day period (September 21 - October 20), and an increase from 42.7% compared to the same period one year ago.

Over the the last year the highest SNLR in Oakville was 127.1% recorded in December and the lowest was in September at 30.5%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 294 properties that were successfully sold in Oakville in the last 30 days (October 21 - November 19) was 25 days, which is 4 days less than 29 days average in the previous 30 day period (September 21 - October 20) and 5 days shorter than during the same period a year ago (30 days).

There were 501 delisted properties in Oakville, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 56 days on the market. This is 7 days shorter than the average of 63 days during the previous 30 day period (September 21 - October 20) and 9 days more compared to the same period last year average of 47 days on the market.

501 Oakville properties that didn't sell stayed on the market 124.0% longer than 294 that sucessfully sold over the last 30 days - 25 days when sold vs 56 days when delisted respectively.

Average Days on the Market in Oakville over the past 12 months for properties that have sold was 27.3 days, with 54.1 days for those properties that did not sell.

668 new properties were listed on the market in Oakville in the last 30 days (October 21 - November 19). During the same time 294 properties were sold and 501 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 127 properties (or 19.0%).

During the previous 30 day period (September 21 - October 20) there were 590 new properties listed, 245 sold and 412 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was September with 689 new properties listed, the slowest - December with 118 new listings and a yearly average of 493 new listings per month.

There were a total of 351 homes listed during the last 30 days (October 21 - November 19), which is 52.5% of all properties listed in Oakville. This is a 12.9% increase compared with a previous 30 day period (September 21 - October 20) and 55.3% up from the same period a year ago. Over the past year an average of 254 homes are were listed per month.

145 condo units were listed in the last 30 days (October 21 - November 19) in Oakville, which represents 21.7% of all new listings. This is up 18.9% from the prior 30 day period (September 21 - October 20) and 55.9% more compared to the same period last year. There were 112 condos listed per month on average during the last 12 months.

172 townhomes were listed over the last 30 days (October 21 - November 19) in Oakville, which is 25.7% of all new real estate inventory. This is a 9.6% more than during the previous 30 day period (September 21 - October 20) and 117.7% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 126 a month.

There were a total of 177 homes sold during the last 30 days (October 21 - November 19), which is 60.2% of all properties sold in Oakville. This is a 32.1% increase compared with a previous 30 day period (September 21 - October 20) and 82.5% up from the same period a year ago. Over the past year an average of 138 homes are were sold per month.

43 condo units were sold in the last 30 days (October 21 - November 19) in Oakville, which represents 14.6% of all sold properties. This is up 13.2% from the prior 30 day period (September 21 - October 20) and 26.5% more compared to the same period last year. There were 44 condos sold per month on average during the last 12 months.

74 townhomes were sold over the last 30 days (October 21 - November 19) in Oakville, which is 25.2% of all sold real estate. This is a 1.4% more than during the previous 30 day period (September 21 - October 20) and 89.7% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 61 a month.