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Oakville vs Toronto

Side-by-side real estate market comparison, Ontario, Canada

MetricOakvilleToronto
Active Listings1,26910,374
Sold (12 mo)2,47223,274
Median Price$1.24M$840K
Average Price$1.42M$1.06M
Avg Days on Market35 days32 days
SP/LP Ratio97%99%
Months of Inventory4.44.6
Above Asking %12%23%
Below Asking %86%74%

Frequently Asked Questions

Is Oakville or Toronto more affordable?
The median home price in Oakville is $1.24M compared to $840K 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 32 days in Toronto. Toronto has a faster-moving market.
Is Oakville or Toronto a buyer's market?
Oakville has 4.4 months of inventory and Toronto has 4.6. A market with over 6 months of inventory generally favours buyers.