The October 2026 data from the Oakville Milton District Real Estate Board (OMDREB) points to a housing market showing clear signs of renewed activity. Transaction volumes across the Halton Region increased in both detached and attached home segments compared to September. While overall sales remained below October 2025 levels, this month-over-month improvement suggests that buyers are re-entering the market as pricing stabilizes and inventory adjusts to seasonal patterns.
Year-to-date activity continues to reflect a market in transition, with both buyers and sellers exhibiting caution as we head into the final months of the year. However, opportunities are emerging for those paying close attention to local trends.
President's Outlook
Heidi Noel, President of OMDREB, notes that while there are encouraging signs, the market requires careful interpretation.
"October brought some encouraging signs for Halton's housing market, with sales increasing from September and average single-family prices edging higher," says Noel. "But it's important to keep those improvements in perspective. Single-family sales were still down more than 21% compared to last October, and townhouse and condo sales were down 12.5%. Buyers are becoming more active, but we're certainly not seeing the level of activity we would normally expect at this time of year."
Noel highlights a critical trend for those waiting on the sidelines:
"What's interesting is that average single-family prices have increased in several of our communities, including Oakville and Burlington, while the number of buyers actually making purchases remains relatively low... For buyers who have been waiting, this is worth paying attention to. There's still good choice, and most homes are selling below asking price. If prices do begin to strengthen, some of today's advantages may become harder to find."
October Market Stats
Sales rebounded from September, but inventory and year-over-year transactions remain lower, keeping the market balanced but cautious.
Single-Family Homes
Average Price: $1.43 million (Up 2.1% MoM, Up 3.0% YoY)
Sales: 333 transactions (Up 13.3% MoM, Down 21.5% YoY)
New Listings: 789 properties (Down 24.9% MoM, Down 13.7% YoY)
YTD Activity: Sales are down 2.6% compared to the same period in 2025.
Townhouse and Condo Market
Average Price: $747,723 (Down 6.5% MoM, Down 5.3% YoY)
Sales: 251 transactions (Up 15.1% MoM, Down 12.5% YoY)
New Listings: Declined 17.3% MoM and 23.1% YoY
YTD Activity: Sales are down 8.3% compared to 2025.
Local Market Highlights
Market conditions continue to be highly localized. Burlington demonstrated significant annual price growth, while Oakville showed strong year-to-date resilience.
Oakville Single Family: Average price reached $1.80M (+6.1% MoM, +5.8% YoY). YTD sales remain 7.1% ahead of 2025, showing strong resilience.
Oakville Town/Condo: Average price $804,928 (-14.6% MoM, -4.0% YoY). Sales activity increased 20.0% month-over-month.
Milton Single Family: Average price $1.15M (-7.0% MoM, -5.4% YoY). Transaction volume declined 10.8% from September.
Milton Town/Condo: Average price $720,331 (+1.1% MoM, -7.9% YoY). Sales activity increased 14.0% month-over-month.
Burlington Single Family: Average price $1.35M (+2.5% MoM, +10.4% YoY). Sales matched last year's level while posting significant annual price growth.
Burlington Town/Condo: Average price $721,604 (-3.1% MoM, -3.7% YoY). YTD transactions are up 1.2%, making it Halton's strongest attached-home market.
Halton Hills Single Family: Average price $1.15M (Flat MoM, +4.2% YoY). Sales volume jumped a massive 41.2% month-over-month.
Halton Hills Town/Condo: Average price $693,077 (-3.8% MoM, -7.2% YoY). Sales increased to 13 transactions, an 18.2% YoY gain.
Strategy for Buyers & Sellers
For Sellers: Pricing Remains Crucial While single-family prices are edging higher in markets like Oakville and Burlington, transaction volume remains lower than last year. Most homes are still selling below asking price. With new listings dropping, you face less competition, but you must price your property thoughtfully to attract the buyers who are currently active in the market.
For Buyers: A Narrowing Window of Leverage October saw a 13.3% month-over-month jump in single-family sales. As Heidi Noel noted, if prices continue to strengthen, the negotiating power and abundant choices you currently enjoy may begin to shrink. Now is the time to take advantage of the spectacular fall weather, explore neighbourhoods, and secure a property while you still have strong leverage.
The Bottom Line
The October 2026 report reveals a market stepping back into action. Month-over-month sales growth proves that buyers are re-engaging, even if overall volume trails last year. As inventory adjusts to seasonal norms, the Halton region presents unique, hyper-local opportunities for both buyers and sellers as we approach the end of the year.
Visit the Oakville Milton Real Estate Board website to read the full report - CLICK HERE
