Oakville market report · January 2025
Oakville housing market: January 2025
Oakville housing market in January 2025: $1,352,531 average sale price (down 6.8% year over year), 138 homes sold, 4.0 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Oakville in January 2025
Oakville recorded 138 sales in January 2025, 8.0% fewer than the same month a year earlier. Sellers brought 606 new listings to market, leaving 804 properties in inventory — 119.7% more than a year ago. At the month's pace of sales that is 4.0 months of supply, which puts Oakville in a balanced market. 36% of the month's new listings sold.
The average sale price across all property types was $1,352,531, down 6.8% year over year and down 3.0% on the month. Detached homes averaged $1,853,519 against $789,745 for condo apartments — the gap that decides which side of the $1.5 million insured-financing cap a purchase here falls on.
The two years to January 2025
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,853,519 | -7.5% | 56 | 297 | 407 |
| Semi-detached | $1,227,317 | +10.2% | 6 | 14 | 10 |
| Row / townhouse | $1,220,150 | +2.4% | 36 | 96 | 99 |
| Apartment | $789,745 | +10.2% | 30 | 156 | 226 |
| All types | $1,352,531 | -6.8% | 138 | 606 | 804 |
Source: the Toronto Regional Real Estate Board, Oakville, January 2025.
What this means if you're buying in Oakville
Market conditions shape the negotiation; your income, debts and the stress test decide what you can actually borrow. Above $1.5 million there is no default insurance, so 20% down is the minimum and the lender set narrows — and the further above the line you go, the more lenders step back and the more they scrutinise the file. Purchases well into the millions often need 35% or more down, and may be better handled by a lender that does not apply a standard residential template at all. High-net-worth applicants also frequently have complex income — corporate earnings, investment income, deferred compensation — which is precisely the situation where the standard read of a tax return understates the household, and where lender selection is the whole game.
Read the full Oakville area guide, compare it with the wider GTA market, or run your numbers and start an application.
Buying in Oakville?
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