The month in numbers
Oakville recorded 304 home sales in May 2026, representing $473,951,886 in total dollar volume. The average sale price was $1,559,052, and the median was $1,380,500. There were 792 new listings during the month and 1,240 active listings at month end. Sold listings spent an average of 32 days on the market; property days on market, which account for qualifying relistings, averaged 51 days. The average sale-to-list price ratio was 96%. These overall figures provide market context, while individual results depend on the neighbourhood, property type, condition and asking price.
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
33.0% · Sales-to-new-listings trend
5.3 months · Inventory trend
TRREB trend measures use 12-month moving averages.
New listings exceeded sales by approximately 2.6 to one in May, with 1,240 homes still available at month end. TRREB's sales-to-new-listings trend was 33.0%, and its months-of-inventory trend was 5.3. Both figures use 12-month moving averages; the 5.3-month inventory trend is not calculated using May sales alone. These indicators and the available selection suggest relatively favourable conditions for buyers overall. Well-priced homes may still attract interest, and conditions should be assessed within each neighbourhood and price range.
One town. Different markets.
| Transaction category | Sales | Average sale price |
|---|---|---|
| Detached | 184 | $1,954,984 |
| Semi-Detached | 10 | $1,097,450 |
| Att/Row/Townhouse | 44 | $1,196,107 |
| Condo Townhouse | 22 | $809,927 |
| Condo Apartment | 41 | $715,029 |
Detached homes accounted for 184 sales, approximately 60.5% of Oakville's total, with an average sale price of $1,954,984. Attached/row townhouses recorded 44 sales at an average of $1,196,107, and condo apartments recorded 41 sales at $715,029. Condo townhouses recorded 22 sales at $809,927, while semi-detached homes recorded 10 sales at $1,097,450. These five categories total 301 transactions; the remaining three sales fall in other categories. Average prices reflect the particular properties that sold and are not a constant-property price index. Small samples, including the 10 semi-detached sales, can produce substantial month-to-month fluctuations.
Turning market data into a plan
For buyers
Use the available selection to compare suitable homes and review recent comparable sales. The town-wide 96% sale-to-list ratio is an average, rather than a guaranteed discount on an individual listing, and does not show how many homes sold above asking. Assess the home, neighbourhood and competing options before deciding on an offer. A desirable property priced in line with current evidence can still attract competition.
For sellers
Build your pricing plan around recent sales and current competing listings for the same type of home. May's 32 average listing days and 51 property days when qualifying relistings are considered support allowing realistic time for a sale. Prepare the home carefully and review showing activity and feedback after listing. The overall average price and 96% sale-to-list ratio should provide context, not replace a property-specific assessment; the ratio is not necessarily measured against the original asking price.
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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