The Oakville housing market delivered a fascinating week of contrasting activity. With 172 new listings hitting the market and only 64 sales recorded, the absorption rate settled at 37.21% — a clear signal that while inventory is rising, buyers are being highly selective. Here's a closer look at the week's standout extremes.
Lowest Sold: Affordable Entry in Westmount
At the entry level, the lowest-priced sale was 2490 Old Bronte Road, Unit 720, a one-bedroom, one-bathroom condo in the sought-after Modern Mint building. Listed at $424,000 and originally priced at $434,800, it sold for $390,000 after 74 days on market.
The unit boasts stunning views of the Niagara Escarpment, a rooftop terrace, fitness centre, and one underground parking space. For first-time buyers and investors looking for affordable Oakville real estate, this sale proves there are still opportunities below the $400K mark — though competition and patience are required.
Highest Sold: $4.5 Million for a Lakeside Bungalow
At the opposite end of the spectrum, the week's top sale was a custom bungalow at 263 Westdale Road, completed in 2025 and located steps from Lake Ontario. Listed at $4,995,000, it sold for $4,500,000 in just 23 days — a testament to the insatiable demand for rare luxury freehold properties in southwest Oakville.
With nearly 4,500 square feet of finished space, soaring 16-foot ceilings, a four-season room with heated floors, and a resort-style backyard featuring a 32'x16' saltwater pool, this home exemplifies the calibre of luxury that continues to command premium pricing in the GTA.
Highest New Listing: The Enclave's Crown Jewel
The most expensive new listing to hit the market this week is 456 Lakeshore Road W, Unit 5, a breathtaking 5-bedroom, 7-bathroom estate priced at $5,125,000. Situated on the largest lot within the exclusive Enclave — a private enclave south of Lakeshore Road — this home neighbours Appleby College and offers over 6,800 square feet of finished luxury.
Features include 10-foot ceilings on all levels, a custom Top Notch cabinetry kitchen with a 13-foot island, a Gibsan swimming pool, and a fully finished lower level with a theatre room, glass-enclosed fitness studio, and wet bar. It's the kind of property that defines the upper echelon of Oakville luxury real estate.
Lowest New Listing: Affordable Kerr Village Condo
For budget-conscious buyers, the lowest-priced new entry this week is a bright one-bedroom unit at 459 Kerr Street, Unit 203, listed at just $359,000. Located in the heart of vibrant Kerr Village, this condo offers one parking space and immediate access to Oakville's best cafés, shops, and the downtown waterfront trail.
With the GO Station close by and parks like Tannery Park and Lakeside Park within walking distance, this listing represents one of the most affordable entry points into Oakville's condo market — ideal for first-time buyers, downsizers, or investors.
Market Pulse: A Buyer's Market Taking Shape?
With a 37.21% absorption rate, Oakville's market is leaning toward balanced conditions with a clear tilt in favour of buyers. New listings (172) far outpaced sales (64) over the past seven days, giving purchasers more choice and more negotiating power — especially in the mid-range and condo segments. That said, premium properties on prime lots continue to sell swiftly and at strong prices, reinforcing the adage that location and quality always win.