Southeast Oakville September 2026 Market Data: Faster Sales, No Room Above Asking, and Price as the Deciding Factor

Twelve detached sales across Old Oakville, Morrison, and Ford, a sharp drop in days on market, and 113 homes for sale on 5 October. What the full month of September says about the fall market

Petrus Engelbrecht & Joshua Engelbrecht | Engelbrecht Associates, Sotheby’s International Realty Canada | Southeast Oakville Specialists

Petrus Engelbrecht and Joshua Engelbrecht of Engelbrecht Associates, Sotheby’s International Realty Canada, specialize in luxury residential real estate across Southeast Oakville, covering Old Oakville, Morrison, and Ford. September was the first full month of the fall market, and it answered the question August left open. Buyers came back. They just didn’t come back at any price.

The homes that sold in Southeast Oakville in September sold quickly, most of them inside a month. Not one sold at or above its asking price. Put those two facts together and you have the market in a sentence: price now decides speed. A well-priced home finds its buyer in weeks. A home priced for last spring waits, and the inventory figures show how many are waiting.

In Southeast Oakville this fall, price decides speed. Well-priced homes sold in weeks. The rest are still on the market.

How Many Homes Sold in Southeast Oakville in September 2026?

Twelve detached homes sold across the three neighbourhoods in September 2026: three in Old Oakville, five in Morrison, and four in Ford. That’s up from nine in August and down from nineteen in July. It’s also well below September 2025, when twenty-two detached homes sold under the same filter.

Twelve is a small number, and we’ll be careful with it. A single month of Southeast Oakville sales can move sharply on two or three transactions either way. What September shows is a recovery in activity from a quiet August, not a return to last year’s pace. We reported the August figures, and the reasons for the slowdown, in Southeast Oakville August 2026 Market Data.

• Detached sales, September 2026: 12 (Old Oakville 3, Morrison 5, Ford 4).
• Detached sales, September 2025: 22 (Old Oakville 6, Morrison 5, Ford 11).
• Detached sales, August 2026: 9. July 2026: 19.
• Median sold price, all three neighbourhoods, September 2026: $2,338,000.
• Median sale-to-list ratio: 93.6 per cent. Median days on market: 20.5.

Why Are September Sold Prices Reported Across All Three Neighbourhoods Together?

Because three sales in a neighbourhood isn’t a market statistic. It’s three transactions, and a median of three discloses the middle one. Our practice, set out in the August post, is to report sold prices across Old Oakville, Morrison, and Ford combined whenever the monthly sample in any one neighbourhood is this small. Neighbourhood figures appear below for active listings, where the samples are large enough to mean something.

The same caution applies to the year-over-year comparison. The median sold price in September 2026 was higher than in September 2025, but half of last September’s sales were in Ford, which typically transacts at lower price points. The change in the median is mix, not value. It shouldn’t be read as prices rising, any more than August’s figures should have been read as prices falling.

A monthly median in Southeast Oakville tells you which homes sold. It does not, on its own, tell you what homes are worth.

What Was the Sale-to-List Ratio in Southeast Oakville in September?

The median sale-to-list ratio in September was 93.6 per cent, meaning the typical home closed a little over six per cent below its final asking price. That’s an improvement on August’s 91.7 per cent, and in line with the 93.7 per cent median across the full summer season we reported in our Summer 2026 Recap.

The spread is the more telling figure. None of the twelve homes sold at or above its asking price. Four sold within five per cent of asking, five sold between five and ten per cent below, and three sold more than ten per cent below. In September 2025, two homes sold at or above asking and only one sold more than ten per cent below.

Sale-to-list ratio in Southeast Oakville is the clearest measure of negotiation. In September 2026, every sale was negotiated below asking.

How Long Did Southeast Oakville Homes Take to Sell in September?

This is where September broke from the summer. The median home that sold took 20.5 days, against 41 days in August and 34 days in September 2025. Nine of the twelve sold within thirty days of listing. The average was higher, at 36 days, because a small number of longer-listed homes eventually sold after repricing.

Read together with the sale-to-list figures, the message is consistent. Buyers who are active this fall are decisive when a home is priced where they’re prepared to transact. They’re not stretching for homes priced above that line, and they don’t need to, because there is plenty of choice. That is a different market from the spring, and it calls for a different listing strategy in Oakville real estate.

Days on market in Southeast Oakville is now a measure of pricing, not of demand. Buyers are present. They are waiting for the right number.

How Many Homes Are for Sale in Southeast Oakville in October 2026?

On 5 October 2026 there were 113 detached homes for sale across Southeast Oakville: 28 in Old Oakville, 51 in Morrison, and 34 in Ford. That’s down slightly from 116 on 22 September, and up from 105 in early September.

• Median asking price, all three neighbourhoods: $3,298,000.
• Median asking price by neighbourhood: Old Oakville $3,872,000, Morrison $4,098,000, Ford $2,194,950.
• Under $2,000,000: 20 listings.
• $2,000,000 to $3,000,000: 29 listings.
• $3,000,000 to $5,000,000: 31 listings.
• $5,000,000 to $10,000,000: 25 listings.
• Above $10,000,000: 8 listings.
• Listed since 1 September: 59.
• Listed 90 days or more: 22.

The gap we described in September’s Notable Southeast Oakville Listings post hasn’t closed. Nine of September’s twelve sales were under $3,000,000, while fewer than half of the homes now for sale are priced there. No September sale was above $5,000,000, while 33 active listings are. At the average monthly pace of July through September, current inventory represents roughly eight and a half months of supply.

Southeast Oakville inventory sits above where buyers are transacting. Until that gap narrows, the top of the market will move slowly.

What Does the September Data Mean for Southeast Oakville Sellers and Buyers?

For sellers, September is good news with a condition attached. Buyers are active, and a correctly priced home in Old Oakville, Morrison, or Ford can sell within a month. But the market is not rewarding optimism. The listings sitting at ninety days and beyond are, in most cases, waiting for a price adjustment that the market has already made. Preparation matters too, and we covered how to present a home for the fall in Preparing a Southeast Oakville Home for the Fall Market.

For buyers, there is choice and there is time, particularly above $3,000,000, and that is true in all three neighbourhoods. In Old Oakville the choice is narrower but the negotiation is real. In Morrison, where inventory is deepest, buyers can compare several homes on similar streets before committing. In Ford, the entry point to Southeast Oakville, well-priced homes are finding buyers without long waits.

Negotiation is the norm rather than the exception in Oakville real estate at this level, and a buyer with financing arranged is in a strong position. Rates held steady at the Bank of Canada’s September announcement, as we explained in What the Bank of Canada’s September Decision Means for Oakville, and the next decision is due on 28 October.

Across Oakville real estate more broadly, the pattern in Southeast Oakville is a familiar one for this point in a cycle: fewer sales, longer listings at the top, and a market that rewards accurate pricing. The September data doesn’t change the finding from the summer. It sharpens it. Repricing became negotiating over the summer, and in September negotiating became the condition of a sale.

Key Takeaways

• Twelve detached homes sold across Old Oakville, Morrison, and Ford in September 2026, up from nine in August 2026 and down from twenty-two in September 2025.
• The median sold price across Southeast Oakville in September 2026 was $2,338,000, and the year-over-year change reflects the mix of homes sold rather than a change in value.
• The median sale-to-list ratio was 93.6 per cent, and none of the twelve September sales closed at or above asking price.
• Median days on market fell to 20.5 days in September 2026, from 41 days in August, and nine of twelve homes sold within thirty days.
• On 5 October 2026 there were 113 detached homes for sale in Southeast Oakville, with a median asking price of $3,298,000.
• Nine of twelve September sales were under $3,000,000, while fewer than half of active listings are priced below that level.

Frequently Asked Questions About the Southeast Oakville Market in September 2026

How many homes sold in Southeast Oakville in September 2026?

Twelve detached homes sold across Old Oakville, Morrison, and Ford in September 2026, according to PropTx data pulled on 5 October 2026. That compares with nine in August 2026 and twenty-two in September 2025.

What was the median sold price in Southeast Oakville in September 2026?

The median sold price for detached homes across Old Oakville, Morrison, and Ford combined was $2,338,000 in September 2026. With twelve sales in the month, the median reflects which homes sold and should not be read as a change in underlying value.

Are homes in Oakville selling below asking price?

In Southeast Oakville, yes. The median detached home closed at 93.6 per cent of its final asking price in September 2026, and none of the twelve sales closed at or above asking.

How long does it take to sell a house in Southeast Oakville right now?

The median detached home that sold in Southeast Oakville in September 2026 took 20.5 days, and nine of twelve sold within thirty days. Homes priced above where buyers are transacting are taking considerably longer, and 22 active listings had been on the market for 90 days or more on 5 October 2026.

How many homes are for sale in Old Oakville, Morrison, and Ford?

On 5 October 2026 there were 113 detached homes for sale across Southeast Oakville: 28 in Old Oakville, 51 in Morrison, and 34 in Ford. The median asking price across all three was $3,298,000.

Why are sold prices not reported by neighbourhood for September?

September 2026 recorded three sales in Old Oakville, five in Morrison, and four in Ford. A median drawn from so few sales can disclose individual transactions, so sold figures are reported across the three neighbourhoods combined.

Is Southeast Oakville a buyer’s market in fall 2026?

Conditions favour buyers above three million dollars, where inventory is deep and no September sale exceeded five million dollars. Well-priced homes below that level are selling within weeks, so conditions vary by price band rather than across the whole market.

Petrus Engelbrecht
Joshua Engelbrecht
Engelbrecht Associates
Sotheby’s International Realty Canada
Oakville, Ontario
Southeast Oakville Specialists

Methodology: Data from PropTx (TRREB MLS), pulled 5 October 2026. Filter: Residential Freehold, Detached, Municipality Oakville, Communities 1013 Old Oakville, 1011 Morrison, and 1006 Ford. Sold figures use Status Contractual Search Date from 1 to 30 September 2026, with September 2025 pulled under the same filter for comparison. Active inventory as at 5 October 2026. Sale-to-list ratio is sold price divided by final list price. Days on market as reported by PropTx for the listing that sold. August and July 2026 figures are from earlier pulls reported in prior posts.

All figures are aggregate market statistics. No individual property, transaction, or party is identified. This post is general market commentary and not advice on any particular property or transaction.