The month in numbers
Oakville recorded 308 home sales in May 2025, representing $445,708,645 in total dollar volume. The average sale price was $1,447,106 and the median was $1,274,000. There were 929 new listings and 1,415 active listings at month end. Sold listings spent an average of 29 days on the market; property days on market, which include qualifying relistings, averaged 45 days. The average sale-to-list price ratio was 96%. These town-wide figures provide context, while individual results depend on neighbourhood, property type, condition and pricing.
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.
How much choice do buyers have?
Supply indicators
32.3% · Sales-to-new-listings trend
4.9 months · Inventory trend
TRREB trend measures use 12-month moving averages.
May brought approximately 3.0 new listings for every sale, with 1,415 homes available at month end. TRREB reported a 32.3% sales-to-new-listings trend and a 4.9-month inventory trend. Both measures use 12-month moving averages; the 4.9-month figure is not calculated using May sales alone. The available selection and low sales-to-new-listings trend suggest conditions favourable to buyers overall, although local competition varies by neighbourhood and price range. Compared with May 2024, sales rose 18.0%, the average sale price fell 9.1%, new listings rose 26.9%, and active listings rose 62.5%. Average listing days increased by ten days. Average prices reflect the mix of sales rather than changes in the value of a constant property.
One town. Different markets.
| Transaction category | Sales | Average sale price |
|---|---|---|
| Detached | 151 | $1,934,063 |
| Semi-Detached | 9 | $1,096,689 |
| Att/Row/Townhouse | 64 | $1,151,043 |
| Condo Townhouse | 24 | $793,719 |
| Condo Apartment | 58 | $833,817 |
Detached homes accounted for 151 sales, approximately 49.0% of Oakville's total, at an average price of $1,934,063. Attached/row townhouses recorded 64 sales at $1,151,043, condo apartments 58 at $833,817, condo townhouses 24 at $793,719, and semi-detached homes nine at $1,096,689. These five categories account for 306 of the 308 total sales; the remaining two transactions are outside the five categories shown. Average prices reflect the mix of homes sold rather than the price change of a constant property. Small samples, particularly the nine semi-detached sales, can create substantial fluctuations between months.
Turning market data into a plan
For buyers
Compare suitable homes and recent comparable sales in your target neighbourhood and property type. May's available inventory offers meaningful choice overall, while attractive, well-priced homes may still draw competing buyers. The 96% sale-to-list price ratio describes average prices for sold homes, not a guaranteed discount on an individual property or necessarily its original asking price. Assess condition, costs and alternatives before deciding on your offer.
For sellers
Set your asking price using recent comparable sales and current competing listings for the same home type. With 929 new listings entering the market, preparation and pricing deserve careful attention. The average 29 listing days and 45 property days support allowing a realistic selling timeline and monitoring showing activity and feedback. Town-wide average prices provide context but do 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.
A clear record of the market
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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