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January 2025 · Oakville Real Estate Market Update

January 2025 · Monthly sales, supply and home price trends

TRREB MARKET WATCH · JANUARY 2025
Market at a glanceSupply & demandProperty typesBuyer & seller insightsPast reports
01 / Market at a glance

The month in numbers

Oakville recorded 138 home sales in January 2025, representing $186,649,284 in total dollar volume. The average sale price was $1,352,531 and the median was $1,244,250. There were 606 new listings and 804 active listings at month end. Sold listings spent an average of 35 days on the market; property days on market, which include qualifying relistings, averaged 55 days. The average sale-to-list price ratio was 97%. These town-wide measures provide context; individual results depend on neighbourhood, property type, condition and asking price.

Total sales138
MoM +17.9%YoY -8.0%
Average sale price$1,352,531
MoM -3.0%YoY -6.8%
New listings606
MoM +427.0%YoY +106.8%
Active listings804At month end
MoM +42.0%YoY +119.7%
Average listing days on market35 daysLDOM · Property days: 55
MoM -8 daysYoY -5 days
Ave. SP/LP97%Average sale-to-list price ratio

Listing days on market comparisons show the difference in days; other comparisons show percentage changes. Missing comparison data shows “Not available”; percentage changes require a nonzero baseline. MoM compares the previous calendar month; YoY compares the same month last year.

02 / Supply & demand

How much choice do buyers have?

Sales138
New listings606
Month-end active listings804

Supply indicators

35.5% · Sales-to-new-listings trend

4.0 months · Inventory trend

TRREB trend measures use 12-month moving averages.

January brought approximately 4.4 new listings for every sale, with 804 homes available at month end. TRREB reported a 35.5% sales-to-new-listings trend and a 4.0-month inventory trend. Both measures use 12-month moving averages; the inventory trend is not calculated using January sales alone. The available selection and low sales-to-new-listings trend suggest conditions favourable to buyers overall, although competition can vary by neighbourhood and price range. Compared with January 2024, sales fell 8.0%, the average sale price fell 6.8%, new listings rose 106.8%, and active listings rose 119.7%. Average listing days decreased by five days. Average prices reflect the mix of sales rather than changes in the value of a constant property.

03 / Performance by property type

One town. Different markets.

Transaction categorySalesAverage sale price
Detached56$1,853,519
Semi-Detached6$1,227,317
Att/Row/Townhouse36$1,220,150
Condo Townhouse10$787,058
Condo Apartment30$789,745

Detached homes accounted for 56 sales, approximately 40.6% of Oakville's total, at an average price of $1,853,519. Attached/row townhouses recorded 36 sales at $1,220,150, condo apartments 30 at $789,745, condo townhouses 10 at $787,058, and semi-detached homes six at $1,227,317. These five categories account for all 138 sales and reconcile to the total dollar volume of $186,649,284. Average prices reflect the mix of homes sold rather than price changes for a constant property. Small samples, particularly the six semi-detached sales, can lead to substantial fluctuations between months.

04 / What this means for you

Turning market data into a plan

For buyers

Compare suitable homes and recent comparable sales within your target neighbourhood and property type. January's available inventory offers meaningful choice overall, while well-positioned homes may still attract competition. The 97% sale-to-list price ratio describes average prices for sold homes, not a guaranteed discount on an individual listing or necessarily its original asking price. Evaluate condition, costs and competing alternatives before deciding on offer terms.

For sellers

Use recent comparable sales and current competing listings for the same home type to set your asking price. With 606 new listings entering the market, preparation and pricing deserve careful attention. The average 35 listing days and 55 property days support allowing a realistic selling timeline and monitoring showing activity and feedback. The town-wide average price provides context but does not replace a property-specific valuation.

What does this market mean for your home?

Speak with The Fisher Group about buying or selling in Oakville.

Call 647-598-8488
05 / Past reports & data source

A clear record of the market

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Data source

Toronto Regional Real Estate Board (TRREB)

Market terms & abbreviations

TRREB — Toronto Regional Real Estate Board. The regional real estate board that publishes the market statistics presented on this website.

Avg. / Ave. — Average. A summary measure calculated from the observations included in the reported period.

SP/LP — Sale Price-to-List Price Ratio. The ratio of average selling price to average listing price for firm sales, expressed as a percentage; it is not necessarily based on the original asking price and does not show the share of homes sold above asking.

LDOM — Listing Days on Market. The average number of days sold listings were on the market.

PDOM — Property Days on Market. The average number of days a property was on the market before selling, including repeat listings by the same seller and brokerage during the original listing contract period.

SNLR — Sales-to-New-Listings Ratio. The reported trend uses a 12-month moving average of sales divided by new listings, expressed as a percentage.

MOI — Months of Inventory. The reported inventory trend uses a 12-month moving average of active listings divided by sales to express supply in months.

YoY — Year over Year. The change compared with the same calendar month in the previous year.

MoM — Month over Month. The change compared with the previous calendar month.

Att/Row/Townhouse — Attached / Row / Townhouse. TRREB's transaction category for attached or row townhouses, shown separately from condo townhouses.

HPI — Home Price Index. An index that tracks price changes for benchmark homes while accounting for differences in property characteristics.

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