Bob Wang TeamTrust. Deliver.
Southeast Oakville · Market Brief

June 2026.

Old Oakville · Morrison · Ford

Quieter than May, stronger than a year ago — and values steadier than the headline averages suggest.

01 — Market snapshot

June in numbers.

Sales
23
vs May −23% vs ’25 +44%
New listings
56
vs May −15% vs ’25 −24%
Days on market 2026 low
30
vs May −6 days vs ’25 −5 days
Average sale price
$2.42M
vs May −20% · vs ’25 −25% Median $2.08M
Sale-to-list ratio
94.0%
vs May −1 pt
Price range of sales
$1.25M – $5.5M
Lowest to highest June sale

Average and median prices move with the mix of homes sold each month — over half of June’s sales were entry-tier Ford homes — rather than a broad decline in values. The HPI benchmark below is a steadier gauge of underlying value.

Year-to-date sales · 2025 vs 2026 8 8 JAN 13 13 FEB 14 13 MAR 11 28 APR 17 30 MAY 16 23 JUN 2025 2026
02 — Observation

A quieter month
in a stronger year.

A closer read of June’s numbers — and what the benchmark says about value.

June produced 23 sales — down from May’s 30 as the market eased into summer, though still 44% ahead of last June’s 16. The month was clearly front-loaded: 19 of the 23 sales came in the first half, with the back half slowing to a near-standstill. Average days on market was 30 — the lowest of the year — though individual sales ranged from a few days to over three months, as some longer-standing listings finally found buyers. New listings stepped back to 56 (−24% year over year). On the ground, the tempo felt quieter than the headline count suggests.

The averages fell sharply — $2.42M average, $2.08M median — but that’s the mix, not the market: over half of June’s sales were in Ford, the area’s entry tier. The sale-to-list ratio held at 94%, with sales spanning $1.25M to $5.5M.

For actual values, the benchmark is the better guide. The MLS® Home Price Index — which tracks like-for-like homes — eased just 1–2.5% from May after holding firm through the spring, and sits 3–10% below last June depending on the community. Values are easing modestly — far less than the swing in the averages suggests.

A quieter month in the southeast is not at odds with the bigger picture: across Oakville as a whole, the first half of 2026 has been a story of recovery. For the town-wide view, see our 2026 Mid-Year Market Review.

03 — Benchmark price · single-family

What homes are worth,
held constant.

$2.0M $2.5M $3.0M $3.5M MAY ’25 SEP JAN ’26 JUN ’26 MORRISON $3.30M OLD OAKVILLE $2.55M FORD $1.75M $3.60M JUN ’25 $2.64M $1.95M

MLS® Home Price Index benchmark prices — not an average of the month’s sales. Versus June 2025: Morrison $3.60M → $3.30M (−8%) · Old Oakville $2.64M → $2.55M (−3%) · Ford $1.95M → $1.75M (−10%).

The number to watch is supply: new listings are down 24% from last year while sales run well ahead. If that holds through the fall, the market should begin to stabilize.
Key insight · June 2026
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Bob Wang, Broker · Elisa Zhang, Salesperson 647-892-8299 · bobwanghomes.ca RE/MAX Aboutowne Realty Corp., Brokerage · Independently Owned and Operated