Southeast Oakville market brief — October 2026.
Sales nearly matched last October. New listings hit a four-year October high, but as many homes sold or came off the market, leaving 124 for sale at month end — fewer than in either of the past two Octobers. Homes took longer to sell, and the Morrison and Old Oakville benchmarks eased again.
October in numbers.
With so few sales each month in these three communities, averages and ratios swing on individual deals. The HPI benchmark below is the steadier gauge of value.
More listings,
the same pace of sales.
Behind the nineteen sales: supply, pace and where the benchmarks moved.
October brought 19 sales across the three communities — up from 13 in September and one short of last October’s 20, in line with the 17–21 range of the past four Octobers. September ran 43% behind last year; October, just 5%. Year to date, 175 sales against 153, 14% ahead — the lead was 30% in August and 17% in September.
The bigger change was supply. After September’s four-year low, 53 new listings made this the busiest October in four years, 26% more than last October — while Oakville-wide new listings hit a four-year October low. Homes sold in October spent an average of 44 days on the market, up from 34 in September and five more than last October.
New listings count only the homes that came to market during the month; the competition a seller actually faces is everything still for sale at month end. October brought 53 new listings, while 55 homes sold or came off the market, leaving 124 for sale at month end — two fewer than in September and 7% fewer than a year ago. At October’s pace, that inventory would take 6.5 months to sell, down from 9.7 in September and in line with the 6.3–6.7 months of the past three Octobers; town-wide, the figure was 5.3. The three communities differ sharply: Ford at 3.6 months (36 for sale, 10 sold), Old Oakville at 8.0 (32 and 4), Morrison at 11.2 (56 and 5). With only a handful of sales in each community, these single-month figures can swing widely.
Sellers received 93.8% of their original asking price on average, level with September and above last October’s 91.7%. None of the 19 sold above list; four closed within 3% of list, while five sold more than 10% below. The $2.88M average is the highest October in four years, but it leans on three sales of $5M and up, including a vacant lot on Chancery Lane. The median, $2.28M, is the better read on a typical sale.
The benchmarks split this month. Morrison eased another 1.4% to $3,155,600 and Old Oakville 1.0% to $2,435,600, while Ford edged up 1.3% to $1,709,300 — as the town-wide benchmark held level. Against last October: Morrison −3.6%, Ford −3.1%, Old Oakville −1.3%. Since August, Morrison and Old Oakville are each down nearly 4%.
On the wider economy, TRREB points to the unresolved Canada–U.S. trade talks, along with the Middle East conflict and inflation pushing up borrowing costs, as reasons many buyers are still waiting; a trade deal, it says, would give a much clearer picture of the economic outlook. With relatively few homes for sale in these three communities, any return of buyer confidence would show up quickly in inventory.
For the town-wide view, see this month’s Oakville Market Update.
Active listings at month end ÷ that month’s sales. With under twenty sales a month here, a few more sales pull this figure down quickly, so read it together with the active-listing count.
Ford up, Morrison and
Old Oakville down.
MLS® Home Price Index single-family benchmark prices — not an average of the month’s sales. October 2025: Morrison $3,272,500 · Old Oakville $2,467,800 · Ford $1,764,800. September 2026: $3,199,200 · $2,460,300 · $1,687,300.
Price range, relistings
and the first two weeks.
The higher the price, the more competition
Split by price, the 124 homes for sale at the end of October tell very different stories. Under $2M, 25 homes were for sale against 65 sold over the past year — under five months of supply. At $5M and up, 37 were for sale against just 23 sales in a year — more than eighteen months.
| Price range | For sale, Oct 31 | Sold, past 12 months | Supply at that pace |
|---|---|---|---|
| Under $2M | 25 | 65 | 4.6 months |
| $2M–3M | 30 | 62 | 5.8 months |
| $3M–5M | 32 | 50 | 7.7 months |
| $5M and up | 37 | 23 | 19.3 months |
For-sale homes are grouped by asking price, sales by sale price. With only a few sales a month in each range, this table uses the past 12 months’ pace.
More than half of today’s listings are relisted
Over the past 12 months, 229 homes in the three communities were listed and came off the market unsold, against 200 that sold. Of those 229, 83 sold after relisting, 69 were relisted and are still for sale, and 77 have not returned. More than half of the homes for sale today were listed in the past year, did not sell, and came back. Of the 33 listings that were withdrawn or expired in October, 26 have already been relisted.
The first two weeks matter most
Of the 200 homes sold over the past 12 months, the 37 that sold within two weeks averaged 99% of their first asking price, and 16 reached or exceeded it. The 85 that took more than three months averaged 82%. Buyer attention peaks when a home is new to the market; how well it is prepared and positioned at that moment shapes the result most.
| Time from first listing to sale | Homes sold | Sale price vs. first asking |
|---|---|---|
| Within 2 weeks | 37 | 99% |
| 15–30 days | 28 | 94% |
| 31–60 days | 24 | 90% |
| 61–90 days | 26 | 87% |
| Over 90 days | 85 | 82% |
Days are counted from the first listing; homes withdrawn and relisted within six months are counted as one run, using the earliest asking price.
New listings fell 22% across Oakville this October but rose 26% in these three communities. Sales held close to last year, while homes spent longer on the market. With 124 homes for sale at month end, fewer than in either of the past two Octobers, there has been no rush of listings. For sellers here, the homes competing in the same price range say more than town-wide numbers.Key insight · October 2026
One set of numbers,
three situations.
If you’re selling
More homes were newly listed here than in recent Octobers; 124 were for sale at month end, about 6.5 months of supply at October’s pace and more than 11 in Morrison. Over the past year, homes that sold within two weeks averaged 99% of first asking; those that took more than three months, 82%. Homes sold in October spent an average of 44 days on the market. Some sold close to asking within weeks; others took months and larger concessions. Preparation and positioning can make a meaningful difference.
If you’re buying
More homes were newly listed this October than in recent years. Homes sold at 93.8% of original asking on average, but results varied widely. A sound offer depends on the property’s listing history, condition and comparable competition.
If you’re waiting
November and December are usually the year’s quietest months. The question now is whether October’s jump in new listings carries into the winter.
What do these numbers look like
on your street?
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1235 North Service Rd W · Oakville, ON · L6M 2W2