Oakville Real Estate Statistics

Oakville real estate average sold price in the last 30 days (January 21 - February 19) was $1,405,362, which is $22,430 (1.6%) lower than the average price of $1,427,792 in the previous 30 day period (December 22 - January 20), and $36,229 (2.6%) down from the same period 1 year ago ($1,441,591). Oakville real estate prices over the last 30 days are also $41,538 (3.0%) lower than the average selling price of $1,446,900 over the past year.

Oakville average sold price for homes was $1,904,667 in the last 30 days (January 21 - February 19), which is $62,158 (3.3%) down from the average home price of $1,966,825 in the previous 30 day period (December 22 - January 20), and $105,192 (5.5%) lower than the same period 1 year ago ($2,009,859). In the last 30 days Oakville the average home price was $60,589 (3.2%) higher than the average selling price of $1,844,078 over the last 12 months.

Average Oakville condo sold price over the last 30 days (January 21 - February 19) was $725,348. During this period it was $55,575 (7.7%) up from the average price of condo of $669,773 during the previous 30 days (December 22 - January 20), and $61,425 (8.5%) higher compared to the same period 1 year ago ($663,923). In the last 30 days Oakville the average condo price was $25,272 (3.5%) lower than the average selling price of $750,620 over the last year.

Average sold price of Oakville townhouse was $1,019,091 in the last 30 days (January 21 - February 19), down $114,998 (11.3%) from the average townhome price of $1,134,089 over the previous 30 days (December 22 - January 20), and $5,508 (0.5%) higher than during to the same period 1 year ago ($1,013,583). Over the last 30 days the average townhouse price in Oakville was $49,678 (4.9%) lower compared to the average selling price of $1,068,769 over the last 12 months.

Average selling price for Oakville real estate was $1,405,362 in the last 30 days (January 21 - February 19), which is collectively $45,299 (2.8%) lower than the average asking price of $1,633,041. This represents an increase of $1,079 (2.3%) compared to $46,378 (2.9%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Oakville during the last 12 months was recorded in June, 2024 with an average of $30,609 under the asking price, while the minimum occurring in July, 2024 with $50,240 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 27.0% with 156 properties sold and 356 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 33.1% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 59.2% compared to the same period one year ago.

Over the the last year the highest SNLR in Oakville was 164.0% recorded in December and the lowest was in January at 27.6%. 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 156 properties that were successfully sold in Oakville in the last 30 days (January 21 - February 19) was 24 days, which is 13 days less than 37 days average in the previous 30 day period (December 22 - January 20) and 6 days shorter than during the same period a year ago (30 days).

There were 273 delisted properties in Oakville, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 66 days on the market. This is 14 days shorter than the average of 80 days during the previous 30 day period (December 22 - January 20) and 8 days less compared to the same period last year average of 74 days on the market.

273 Oakville properties that didn't sell stayed on the market 175.0% longer than 156 that sucessfully sold over the last 30 days - 24 days when sold vs 66 days when delisted respectively.

Average Days on the Market in Oakville over the past 12 months for properties that have sold was 27.2 days, with 56.1 days for those properties that did not sell.

578 new properties were listed on the market in Oakville in the last 30 days (January 21 - February 19). During the same time 156 properties were sold and 273 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 149 properties (or 25.8%).

During the previous 30 day period (December 22 - January 20) there were 356 new properties listed, 118 sold and 370 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 197 new listings and a yearly average of 557 new listings per month.

There were a total of 276 homes listed during the last 30 days (January 21 - February 19), which is 47.8% of all properties listed in Oakville. This is a 53.3% increase compared with a previous 30 day period (December 22 - January 20) and 36.6% up from the same period a year ago. Over the past year an average of 287 homes are were listed per month.

155 condo units were listed in the last 30 days (January 21 - February 19) in Oakville, which represents 26.8% of all new listings. This is up 59.8% from the prior 30 day period (December 22 - January 20) and 76.1% more compared to the same period last year. There were 128 condos listed per month on average during the last 12 months.

147 townhomes were listed over the last 30 days (January 21 - February 19) in Oakville, which is 25.4% of all new real estate inventory. This is a 86.1% more than during the previous 30 day period (December 22 - January 20) and 69.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 142 a month.

There were a total of 77 homes sold during the last 30 days (January 21 - February 19), which is 49.4% of all properties sold in Oakville. This is a 40.0% increase compared with a previous 30 day period (December 22 - January 20) and 31.9% down from the same period a year ago. Over the past year an average of 143 homes are were sold per month.

27 condo units were sold in the last 30 days (January 21 - February 19) in Oakville, which represents 17.3% of all sold properties. This is up 12.5% from the prior 30 day period (December 22 - January 20) and 44.9% less compared to the same period last year. There were 45 condos sold per month on average during the last 12 months.

52 townhomes were sold over the last 30 days (January 21 - February 19) in Oakville, which is 33.3% of all sold real estate. This is a 33.3% more than during the previous 30 day period (December 22 - January 20) and 14.8% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 66 a month.