23 Apr April 2025 Newsletter
Spring Momentum – A Balanced Market Emerges
As we enter the heart of the spring season, the Halton and Peel markets are showing clear signs of transition. Inventory is on the rise in both Oakville and Mississauga, offering buyers more choice than we’ve seen in previous months. While sales volume is down year-over-year, average prices are holding steady, and in some segments, even showing month-over-month gains. For sellers, this means thoughtful pricing and strong presentation are more important than ever. For buyers, it’s a chance to explore options and negotiate with more confidence. The market is recalibrating and that creates space for informed, strategic decision-making.
Market Moves: The Latest Trends in Oakville & Mississauga
In Oakville, market activity reflected a shift toward balance, with 1,174 active listings, up 151.4% from last year—giving buyers a wider selection of homes. Despite this, 179 properties were sold, a 32.7% drop in year-over-year sales. The average sale price for all home types came in at $1,455,355, showing a slight 1.6% dip year-over-year but a modest 0.7% gain from February. Detached homes led the decline, with prices down 7.4% month-over-month. However, other segments like semi-detached (+12%), townhouses (+7.9%), and condo townhomes (+8.4%) all posted price increases—demonstrating strong interest in more attainable property types.
Market Moves: The Latest Trends in Oakville & Mississauga
In Oakville, market activity reflected a shift toward balance, with 1,174 active listings, up 151.4% from last year—giving buyers a wider selection of homes. Despite this, 179 properties were sold, a 32.7% drop in year-over-year sales. The average sale price for all home types came in at $1,455,355, showing a slight 1.6% dip year-over-year but a modest 0.7% gain from February. Detached homes led the decline, with prices down 7.4% month-over-month. However, other segments like semi-detached (+12%), townhouses (+7.9%), and condo townhomes (+8.4%) all posted price increases—demonstrating strong interest in more attainable property types.
In Mississauga, active listings reached 2,049, marking a 94% increase from March 2024. 457 homes sold, a 21.3% decrease year-over-year, with homes spending an average of 24 days on market. The average sale price for all home types was $1,046,145, up slightly 0.5% from February, yet down 0.9% from last year. Detached homes softened by 2.8%, while semi-detached (+1.1%) and freehold townhomes (+2.0%) posted moderate monthly gains.
Overall, the numbers suggest a more balanced, opportunity-filled spring market, particularly for buyers exploring alternative home types or entering the market for the first time. If you’re thinking about buying, selling, or simply have questions about what these numbers mean for your situation, reach out to our team at RLPR—we’re here to provide clear guidance and expert support every step of the way.
Celebrating Excellence: A Night to Remember with RLPR
On March 24th, the RLPR family gathered at the beautiful Jac’s Bistro in Oakville to celebrate the achievements of our outstanding agents at the annual RLPR Awards Night—and what a night it was! The atmosphere was filled with celebration, laughter, great conversation, and the kind of camaraderie that makes this brokerage truly special.
From honoring top producers to recognizing those who exemplify collaboration, integrity, and growth, it was an evening that showcased the heart and soul of our team. Delicious French-Italian cuisine, a warm and stylish venue, and moments of genuine connection made it a night to remember.
Congratulations once again to all our award recipients—and thank you to every RLPR agent for your hard work and dedication. Events like these remind us that while real estate is a business, it’s the people behind the success that matter most.