Published 29 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
In August 2026 TRREB recorded 35 condo apartment sales in Oakville at a median of $515,000 and an average of $705,448, with units selling at 98 percent of their list price on average. Oakville’s days on market were not reliably captured that month; across Halton Region the average was 43 days. There were 215 active listings, about 6.1 months of supply at August’s pace, and 82 new listings, a sales-to-new-listings ratio of about 43 percent. The $190,448 gap between the average and the median means a few large luxury and lakefront suites pulled the average up, so a typical unit should be priced from the median and from recent sales of its own layout. Oakville has no municipal land transfer tax, a real saving for buyers comparing with Toronto.
Oakville condo prices, August 2026
| Condo apartments, August 2026 | Oakville | Halton Region | Burlington | Milton | Mississauga | City of Toronto |
|---|---|---|---|---|---|---|
| Sales | 35 | 89 | 36 | 14 | 109 | 885 |
| Average price | $705,448 | $594,011 | $514,550 | $526,250 | $495,052 | $651,648 |
| Median price | $515,000 | $505,000 | $482,500 | $505,000 | $500,000 | $550,000 |
| Average minus median (calculated) | $190,448 | $89,011 | $32,050 | $21,250 | −$4,948 | $101,648 |
| New listings | 82 | 205 | 78 | 40 | 357 | 2,303 |
| Active listings | 215 | 524 | 216 | 84 | 849 | 4,938 |
| Months of inventory (calculated) | 6.1 | 5.9 | 6.0 | 6.0 | 7.8 | 5.6 |
| Sales to new listings (calculated) | 43% | 43% | 46% | 35% | 31% | 38% |
| Sale to list price | 98% | 96% | 97% | 98% | 97% | 96% |
| Avg. days on market | not captured | 43 | not captured | 29 | 45 | 39 |
Source: TRREB Market Watch, August 2026, condominium apartments. Calculated rows are my arithmetic: active listings divided by sales, and sales divided by new listings. This is one month of data, so read it as a snapshot; Milton’s 14 sales are a small sample, and days on market for Oakville and Burlington were not reliably captured.
Why Oakville’s average is so far above its median
The median is the middle sale: half of Oakville’s 35 sales went for less than $515,000 and half for more. The average adds every price and divides by 35, so a few very expensive sales drag it up. In August the average was $190,448, or about 37 percent, above the median, against $32,050 in Burlington, $21,250 in Milton and $101,648 in the City of Toronto.
The reason is Oakville’s condo stock. Alongside ordinary suites, the town has large luxury units in boutique buildings downtown and along the lake. When a few of those close in one month, the average jumps while the typical sale barely moves.
Oakville also drives the Halton figure. Halton’s 89 sales averaged $594,011. Take Oakville’s 35 out and, by my arithmetic from the table, the other 54 Halton sales averaged roughly $522,000. For a typical suite, anchor to the $515,000 median, not the $705,448 average. For a large lakefront or downtown suite, neither number is your price; your comparables are the few similar suites that have sold.
How TRREB reports Oakville
TRREB splits Toronto into lettered district codes such as W06 or C01; Halton has none. The Market Watch reports Oakville as one municipality in Halton Region, with Burlington, Milton and Halton Hills (together Halton’s 89 sales). MLS divides Oakville into named communities, but the monthly table publishes only the town total, which hides several markets:
- Downtown Oakville and the lakeshore. Around Lakeshore Road, the harbour and Sixteen Mile Creek: older buildings with generous suites and newer boutique buildings with large luxury units. The top of the market.
- Bronte and Kerr Village. West of downtown, near Bronte Harbour and Bronte GO, with older and newer buildings and some lake views.
- Midtown around Oakville GO. Newer buildings near the Trafalgar Road and Cross Avenue area appeal to buyers who commute on the Lakeshore West line.
- North Oakville and the Uptown Core. Newer buildings along Dundas Street and Trafalgar Road, near Highways 403 and 407, with smaller suites and more first-time buyers and investors.
What the numbers mean for your list price
Oakville was firmer than the wider GTA in August. About 43 percent of new listings found buyers, against 38 percent in Toronto and 31 percent in Mississauga. The 215 units for sale were about 6.1 months of supply, close to the 5.9 months across TRREB. Units that sold went for 98 percent of list price, against 96 percent across TRREB.
That ratio counts only the units that sold, against their final, often reduced, list price. With six months of inventory buyers still have choice, so units priced correctly for their layout sell close to asking and overpriced ones wait. Price from the last three months of sold data for your layout, not the best sale in the building or the headline average. Oakville’s days on market were not captured; Halton’s 43-day average is a fair planning assumption, not a promise.
What moves your unit above or below the median
- Size and layout. Many Oakville buyers are downsizing from houses and pay for space: a true two-bedroom with a dining area and a big balcony outsells a compact one-bedroom-plus-den.
- Lake view and floor. An open lake or harbour view is the biggest premium in south Oakville; higher floors command more, units facing a busy corridor less.
- Walkability. Walking distance to Lakeshore Road, the waterfront or a GO station widens your buyer pool.
- Parking and locker. Almost every buyer drives; a second space adds value in luxury buildings.
- Building age and fees. Older buildings tend to have larger suites and higher fees. Lenders count half the fee against the buyer’s debt-service ratios. See do high maintenance fees lower my condo value.
- Condition. Dated kitchens and bathrooms matter more at the top end, where buyers compare against newly finished suites.
- The corporation. The status certificate will show the reserve fund, any special assessment and any litigation. A healthy reserve fund supports your price; an assessment in progress costs you.
The land transfer tax point
Oakville has no municipal land transfer tax. Toronto does. At Oakville’s $515,000 median, a buyer pays $6,775 in Ontario land transfer tax. The same purchase in Toronto adds another $6,775 to the City, $13,550 in total (my arithmetic from the published brackets, before any first-time buyer refunds). At the upper end the difference grows: on an illustrative $1,000,000 suite, the Ontario tax is $16,475, and in Toronto the buyer would pay $32,950.
Mississauga has no municipal tax either, so the saving counts against Toronto. If your buyer may be weighing a Toronto unit, put it in your marketing.
How to get an accurate number for your unit
The median is a starting line, not your price. Run the estimator below for a range in about a minute. Then get a broker price opinion from the three most recent sales of your layout in your building or the most similar nearby buildings, adjusted for floor, view, parking and condition, and checked against active listings.
If your building has had no recent sales, which is common in Oakville’s smaller boutique buildings, read how to price a condo when nothing in your building has sold. If you are comparing Oakville with nearby markets, see what condos are worth in Burlington, in Milton and in Mississauga.
Two tools help here: the AI condo value estimator below gives you a range in about a minute, and the net proceeds calculator turns any price into what actually lands in your account.
Where I fit
I sell condos across Halton, Peel and Toronto, and I price Oakville suites from the sales that compete with yours, not the town average. When you have your estimator range, book a call or phone 833-330-1925.
Free tool — AI condo value estimator
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
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Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
Frequently asked questions
How much is a condo worth in Oakville in 2026?
In August 2026 Oakville condo apartments sold at a median of $515,000 and an average of $705,448, according to TRREB’s Market Watch. A typical suite is better anchored to the median; large luxury and lakefront suites need their own comparables.
Why is the average Oakville condo price so much higher than the median?
A few large luxury and lakefront suites pulled it up. In August 2026 the average was $190,448 above the median.
How much is a 1 bedroom condo worth in Oakville?
TRREB does not publish prices by bedroom count. A one-bedroom usually sits below the $515,000 median; recent sales of the same layout nearby give the real answer.
Are Oakville condo prices going down?
One month cannot show a trend. In August 2026 Oakville units sold at 98 percent of list price, so well-priced units still sold close to asking.
Is now a good time to sell my condo in Oakville?
It depends on your plans. About 43 percent of new listings sold in August 2026, firmer than Toronto or Mississauga, but buyers have choice, so price from recent sales.
Does Oakville have a municipal land transfer tax?
No. Buyers pay only Ontario’s tax, $6,775 on a $515,000 condo, against $13,550 for the same price in Toronto.
Sources
- TRREB — Market Watch, August 2026 — condominium apartment tables by region and municipality
- CMHC — Calculating GDS / TDS — 50% of condominium fees counted; 39% / 44% limits
- Condominium Authority of Ontario — Status certificates — 10 days, up to $100, Condominium Act s. 76
- Condominium Authority of Ontario — Reserve funds and reserve fund studies — studies at least every three years
- Condominium Authority of Ontario — Special assessments
Related reading
- How much is my condo worth in Burlington?
- How much is my condo worth in Milton?
- How much is my condo worth in Mississauga?
- Oakville home values
- How floor, view and parking change a condo's value
- Is the online estimate for my condo accurate?
- How much will I walk away with selling my condo?
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Etobicoke. I work with buyers and sellers across Toronto and the GTA, and I have helped more than 100 families sell their condos. Four-plus years of active GTA transactions and over $100 million in sales volume. Every market figure here comes from TRREB’s published tables and every rule from the regulator or the legislation, so you can check all of it without asking me.
Reach me at connect@jatindua.com or 833-330-1925, or book a call.