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Proudly Canadian Owned and Operated | Your Home, Our ExpertiseOakville Housing Market Fall 2026: What September's Numbers Mean for Buyers and Sellers
In September 2026, Oakville recorded 162 home sales at an average price of $1,365,169, down 2.3% from September 2025. With 1,073 active listings and about 6.6 months of inventory, Oakville is currently leaning toward a buyer's market, giving buyers more choice and negotiating room than they have had in years.
What happened in the Oakville market in September 2026?
According to TRREB Market Watch data for September 2026:
- Sales: 162 homes sold, down 16.9% from 195 a year earlier.
- Average price: $1,365,169, down 2.3% year over year (from $1,396,692).
- Active listings: 1,073, down 18.2% from 1,311 in September 2025.
- Months of inventory: 6.62 across all home types.
- Condos: 29 sales at an average of $699,379, up 2.0% year over year.
Year to date (January to September 2026), the picture is steadier. The average price was $1,440,232, up 0.9%, on 1,911 sales, up 1.5%. Homes took an average of 34 days to sell, about 10% longer than in 2025.
Average prices by home type in Oakville
The most recent breakdown by property type is for August 2026:
|
Home type |
Average sold price (Aug 2026) |
Change vs. Aug 2025 |
|---|---|---|
|
Detached |
$1,787,896 |
-5.8% |
|
Townhouse (freehold) |
$1,052,614 |
-5.5% |
|
Semi-detached |
$960,389 |
-6.2% |
|
Condo apartment |
$705,448 |
-8.1% |
|
Condo townhouse |
$602,353 |
-30% |
Source: WOWA Oakville Housing Market Report, based on TRREB data. Small segments like condo townhouses (17 sales) can swing sharply month to month.
Is Oakville a buyer's or seller's market right now?
Oakville is leaning toward a buyer's market. A common rule of thumb in Ontario is that under four months of inventory favours sellers, four to six is balanced, and over six favours buyers. At 6.62 months, buyers have more homes to choose from and more time to decide.
That said, active listings are down 18% from last year. If new listings keep shrinking while buyers return in spring, conditions could tighten quickly.
What this means for buyers
- Expect room to negotiate on price, closing dates and conditions such as financing and home inspection.
- Fall and winter listings often come from motivated sellers, which can mean better value.
- Get a mortgage pre-approval now so you can act when the right home appears.
What this means for sellers
- Pricing correctly from day one matters more than ever. Overpriced homes are sitting longer.
- Presentation counts: a clean, bright, well-maintained home stands out against a larger pool of listings.
- Serious fall buyers are often relocating for work or school, so they tend to be ready to move.
FAQ
What is the average house price in Oakville in fall 2026? The average selling price across all home types was $1,365,169 in September 2026. Detached homes averaged about $1.79 million in August 2026.
Are Oakville home prices going down? Monthly prices were 2.3% lower than a year earlier in September 2026, but the year-to-date average is 0.9% higher than 2025. Prices are broadly flat, not falling sharply.
How long does it take to sell a home in Oakville? Homes averaged 34 days on the market from January to September 2026.
Want to know what your Oakville home is worth in today's market? Contact Paul da Silva at Prominent Realty Inc. for a free, no-obligation evaluation: 416-898-6050