Hey Durham! If you’re thinking about buying or selling a home, here’s what’s happening in the local market — in plain English.

📉 Home Sales Are Slowing Down
 Sales were down 19% compared to this time last year. That means fewer homes are being sold, which could be good news if you’re a buyer — less competition!

📊 Lots of Homes for Sale
 New listings are up 22%, so there’s more to choose from. This gives buyers more options and negotiating power.

💰 Prices Are Holding (But Slightly Down)
 The average selling price for a home in Durham is just over $913,000, down about 2% from last year. The median price (the middle point of all sales) was $855,000. So overall, prices are fairly steady, but leaning slightly in the buyer’s favour.

📦 Homes Are Sitting Longer
 Homes are taking longer to sell — around 19 days on average. That’s up from last year, so sellers need to be a bit more patient (and priced right!).

📉 We’re in a Buyer’s Market
 With a Sales-to-New-Listing Ratio of 36%, we’re officially in buyer’s market territory. That means there are more homes than eager buyers, so buyers have the upper hand right now.

What This Means for You:

✅ Buyers – It’s a great time to shop around! More listings, longer days on market, and stable prices mean more leverage for you.

✅ Sellers – The market is still active, but pricing right and presenting your home well is key. The days of bidding wars may be behind us (for now), but motivated buyers are still out there.

Want to know what your home could sell for in today’s market or need help buying with confidence? Let’s chat!

Here’s a breakdown for each municipality

📍 Ajax

  • Average Price: $945,603
  • Median Price: $880,000
  • Sales: 120 (⬇ 10%)
  • New Listings: 289 (⬆ 26%)
  • Days on Market: 16
  • Sales-to-New-Listing Ratio: 41.5% (Balanced/leaning buyer’s market)

📍 Brock

  • Average Price: $665,233
  • Median Price: $656,494
  • Sales: 15 (⬇ 28%)
  • New Listings: 54 (⬆ 21%)
  • Days on Market: 28
  • Sales-to-New-Listing Ratio: 27.8% (Buyer’s market)

📍 Clarington

  • Average Price: $855,858
  • Median Price: $827,500
  • Sales: 114 (⬇ 30%)
  • New Listings: 353 (⬆ 17%)
  • Days on Market: 16
  • Sales-to-New-Listing Ratio: 32.3% (Buyer’s market)

📍 Oshawa

  • Average Price: $796,574
  • Median Price: $780,500
  • Sales: 204 (⬇ 20%)
  • New Listings: 550 (⬆ 21%)
  • Days on Market: 18
  • Sales-to-New-Listing Ratio: 37.1% (Buyer’s market)

📍 Pickering

  • Average Price: $1,016,851
  • Median Price: $950,000
  • Sales: 116 (⬇ 10%)
  • New Listings: 353 (⬆ 30%)
  • Days on Market: 19
  • Sales-to-New-Listing Ratio: 32.9% (Buyer’s market)

📍 Scugog

  • Average Price: $1,060,992
  • Median Price: $988,000
  • Sales: 27 (⬇ 18%)
  • New Listings: 56 (⬆ 4%)
  • Days on Market: 39
  • Sales-to-New-Listing Ratio: 48.2% (Balanced market)

📍 Uxbridge

  • Average Price: $1,321,060
  • Median Price: $1,205,000
  • Sales: 25 (⬇ 10%)
  • New Listings: 77 (⬆ 28%)
  • Days on Market: 37
  • Sales-to-New-Listing Ratio: 32.5% (Buyer’s market)

📍 Whitby

  • Average Price: $941,442
  • Median Price: $891,000
  • Sales: 148 (⬇ 22%)
  • New Listings: 403 (⬆ 21%)
  • Days on Market: 18
  • Sales-to-New-Listing Ratio: 36.7% (Buyer’s market)

  • 📞 Thinking about buying or selling? Let’s chat! We’lll help you make the most of today’s market.
  • Click here to book a call on our calendar or send us an email to: team@willowsgroup.ca