Oakville-Milton and District Real Estate Board Reports 467 Sales in July 2026; Composite Benchmark Price $1,057,100, Down 4.6% YoY

Oakville-Milton and District Real Estate Board — July 2026

The Oakville-Milton and District Real Estate Board reported 467 home sales in July 2026, unchanged from July 2025. The overall MLS® HPI composite benchmark price was $1,057,100, a decrease of 4.6% compared to July 2025.

Market Analysis

The number of homes sold through the MLS® System of the Oakville-Milton and District Real Estate Board totaled 467 units in July 2026. This was unchanged from July 2025. The composite benchmark price for July 2026 was $1,057,100, down by 4.6% compared to July 2025. The average price of homes sold in July 2026 was $1,199,359, a gain of 1.9% from July 2025. Total sales in the prior month, June 2026, were 504 units, with a composite benchmark of $1,051,900.

New listings in July 2026 numbered 1,083, down by 18.6% from July 2025. Active residential listings numbered 1,977 units at the end of July 2026, a decrease of 18.7% from the end of July 2025. Active listings in June 2026 were 2,099 units. "Home sales were unchanged on a year-over-year basis at more modest levels compared to most of recent history but still remained above where they stood in July from 2022 to 2024. New listings dropped sharply toward the end of 2025, which has also put overall inventories on a downward trajectory," said Ryan Mayne, President of the Oakville-Milton and District Real Estate Board.

Property Type Analysis

The benchmark price for single-family homes was $1,262,000, a decrease of 6.2% on a year-over-year basis in July 2026. The benchmark price for townhouse/row units was $715,900, a decrease of 4.3% compared to a year earlier. The benchmark apartment price was $543,900, falling by 5.7% from year-ago levels.