Oakville market update — July 2026.
Sales ran 11% ahead of last July, new listings kept falling, and the benchmark held steady.
July in numbers.
The average sale price moves with the mix of homes sold each month. The MLS® HPI benchmark below tracks like-for-like value and is the steadier gauge.
More sales,
at a slower pace.
July produced 248 sales across Oakville — down from June’s 287 as summer usually goes, and 11% ahead of last July’s 224. Every month since February has run ahead of 2025, and the year now stands at 1,567 sales to last year’s 1,498. Supply stayed lean: 584 new listings, 12% fewer than last July, with year-to-date listings down 16%.
The pace is still slow. The average sale took 38 days — the slowest July in at least four years: sales are up, but buyers are taking their time and negotiating.
On prices, the average close of $1.40M ran 7.7% ahead of last July — but that reflects the mix of homes sold. The benchmark tells the steadier story: the composite sits 5.1% below last July, a gap that opened almost entirely last fall, and the past three months have held steady at $1.17M–$1.18M. Prices have stabilized.
For a closer look at Old Oakville, Morrison and Ford, see this month’s Southeast Oakville Market Brief.
Tracking prices
for comparable homes.
MLS® Home Price Index benchmark prices for Oakville (OMDREB) — not an average of the month’s sales. Versus July 2025: Composite $1,239,300 · Single family $1,592,200 · Townhouse $766,000. The composite has held steady over the past three months.
Volume up, values steady: sales have led last year every month since February and the benchmark has stabilized. More active than last year, and still steady in pace.Key insight · July 2026
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1235 North Service Rd W · Oakville, ON · L6M 2W2