Oakville Real Estate Market Update – Week of June 21–27, 2025

This Week’s Snapshot:

• New Listings: 189

• Price Changes: 91

• Sold Firm: 57

• Sold Conditional: 50

• Expired Listings: 6

• Suspended Listings: 19

• Terminated Listings: 112

What This Tells Us

This week, Oakville saw another wave of new inventory, with 189 new listings added — a strong number that reflects continued seller confidence. But the standout stat is the 91 price changes, which indicates growing pressure on sellers to adjust expectations in response to increased supply and buyer hesitation.

We’re also seeing a near-even split between firm sales (57) and conditional sales (50) — suggesting that buyers are engaging, but often still negotiating on terms or requiring financing/inspection time.

The 112 terminated listings and 19 suspended properties signal some sellers may be pulling back temporarily due to lack of activity or reassessing their pricing strategy.

Market Direction

Inventory continues to build, and while sales are steady, they aren’t keeping pace with new supply. That’s keeping us in buyer’s market territory overall — but with signs of balance forming in certain pockets (particularly with competitively priced, move-in-ready homes).

Advice for Buyers & Sellers

Buyers:
There is opportunity in this market, especially if you’re well-prepared and pre-approved. Inventory is high, and price flexibility is showing. If rates ease again later this year as expected, competition may return.

Sellers:
Pricing strategy is everything right now. Homes that are turnkey and priced realistically are still selling. Don’t chase the market down — position your home to be the next one to go, not the next one to reduce.