August 27, 2026 | Market Reports
Oakville Market Update: July 2026
Oakville continues to command some of the highest prices in the Greater Toronto Area, and July 2026’s completed numbers show a market that picked up real momentum. Here is a full breakdown of what happened in Oakville last month, from Ryan and Vicky Urban and the Urban Group Realty team.
Oakville Home Prices in July 2026
Residential homes in Oakville sold for an average of $1,569,450 in July 2026, up 15.8% from July 2025. The median sale price was $1,144,750, down 5.4% year over year. The gap between those two figures suggests a stronger share of higher-priced homes closing this July, pulling the average up while the typical sale price actually softened.
Oakville Sales Activity and Inventory
Sales activity was the standout number: 98 residential homes sold in Oakville in July 2026, up 30.7% from 75 sales in July 2025. New listings were down 11.6% to 160, and ending inventory dropped 15.4% to 523. Homes sold slightly faster too, with average days on market down 2.7% to 36 days and median days on market down 5.0% to 29 days.
What This Means for Buyers and Sellers
A 30.7% jump in sales against a shrinking supply of new listings is a meaningful shift. Buyers are showing up in greater numbers even as fewer new options come to market, which tends to sharpen competition on well-priced homes. Sellers who have been waiting for confirmation that demand is real now have a completed month of data to point to.
Talk to an Oakville Market Expert
Ryan and Vicky Urban and the Urban Group Realty team bring deep, street-level knowledge of the Oakville market. Visit urbangroup.com or call 905.673.1032 to discuss your next move.
Frequently Asked Questions
Yes. Residential sales rose 30.7% year over year, from 75 sales in July 2025 to 98 in July 2026, based on completed board data for the month.
It depends on the measure. The average sale price rose 15.8%, while the median sale price fell 5.4%, meaning the typical home actually sold for a bit less even as more higher-priced homes closed.
With sales up sharply and inventory down 15.4%, conditions are tilting toward sellers, particularly for move-in ready homes in sought-after neighbourhoods.
Oakville commands a significantly higher price point than both Burlington and Hamilton, and saw the strongest sales growth of the three markets in July.
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