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Oakville vs Toronto

Side-by-side Real Estate market comparison, Ontario, Canada

MetricOakvilleToronto
Active Listings1,0039,655
Sold (12 mo)2,52123,600
Median Price$1.25M$825K
Average Price$1.41M$1.05M
Avg Days on Market35 days33 days
SP/LP Ratio97%99%
Months of Inventory6.15.9
Above Asking %11%22%
Below Asking %86%75%

Frequently Asked Questions

Is Oakville or Toronto more affordable?
The median home price in Oakville is $1.25M compared to $825K in Toronto. Toronto is currently the more affordable market.
Which city has faster home sales, Oakville or Toronto?
Homes in Oakville sell in an average of 35 days compared to 33 days in Toronto. Toronto has a faster-moving market.
Is Oakville or Toronto a buyer's market?
Oakville has 6.1 months of inventory and Toronto has 5.9. A market with over 6 months of inventory generally favours buyers.

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