Oakville Real Estate Market Update – Week of June 20, 2025 Tracking pricing trends, listing activity, and buyer demand
As we continue our weekly review of Oakville’s real estate market, three dominant themes are emerging: overpricing, seller repositioning, and a gradually shifting balance between supply and demand. Here’s what you need to know:
1️⃣ Sellers Are Chasing the Market Down
While 81 listings this week officially changed their price, an additional 131 were terminated — and many of these were immediately re-listed at lower prices. This common tactic disguises the real number of pricing adjustments happening across the market.
In total, over 200 properties this week were either reduced or re-listed — a clear sign that sellers are missing the mark on pricing and adjusting once they fail to get traction.
2️⃣ New Listings Are Outpacing Sales
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235 new listings hit the market
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108 homes sold (65 firm + 43 conditional)
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Sales-to-new-listings ratio: 46%
This means fewer than half of newly listed homes are finding buyers. This level technically suggests a balanced market, but the rise in re-lists and price drops signals that many listings are lingering unless priced precisely.
3️⃣ Week-over-Week Market Comparison
Here’s how this week stacks up against last:
Metric | June 13 | June 20 | Trend |
---|---|---|---|
New Listings | 218 | 235 | ⬆️ Slight increase |
Firm Sales | 59 | 65 | ⬆️ Improving |
Conditional Sales | 38 | 43 | ⬆️ Strengthening |
Total Sales | 97 | 108 | ⬆️ Active buyers |
Price Changes | 76 | 81 | ⬆️ Rising pressure |
Terminated Listings | 121 | 131 | ⬆️ Re-listing trend |
Sales-to-New-Listings Ratio | 44% | 46% | ↔️ Holding steady |
📊 Market Visuals
Weekly Listing and Sales Activity
Sales-to-New-Listings Ratio
Final Thoughts
We’re watching a market that remains active but continues to demand realistic pricing. Sellers who aim high and expect bidding wars may find themselves quickly repositioning or sitting on the sidelines. Buyers, on the other hand, are responding decisively to value and walking away from overpriced listings.
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