As the summer market gets underway, June brought a mix of evolving trends to the Durham Region real estate landscape. Buyers are gaining more leverage with growing inventory levels, while sellers are seeing increased competition that requires strategic pricing and staging. This shift signals a continued move away from the intense seller’s market conditions of previous years.

Throughout Durham, inventory has expanded year-over-year, and while sales activity has slowed modestly, the number of listings continues to grow—providing more options and flexibility for buyers. At the same time, average prices across several municipalities have adjusted slightly downward compared to last year, suggesting a more balanced market where negotiation is once again becoming a central part of the transaction process.

Here’s a detailed breakdown of how the Durham market performed this month.

MARKET OVERVIEW

June 2025 marked a noticeable shift toward a more balanced real estate market in Durham Region. With sales down 6.8% year-over-year and active listings up significantly, buyers now have greater selection and more room to negotiate. The average selling price declined to $891,662, reflecting a normalization from the heightened prices seen last year. For sellers, this means strategic pricing and presentation are critical; for buyers, it’s an opportune moment to enter the market with more confidence and less urgency.

CITY-BY-CITY BREAKDOWN

• Oshawa

Oshawa’s market activity moderated in June with 144 homes sold and 278 new listings entering the market. The average sale price of $764,501 highlights the city’s continued affordability within Durham Region. With 4.3 months of inventory and an average of 21 days on market, buyers had increased negotiating power. Sellers, meanwhile, needed sharp pricing strategies to stay competitive in this shifting landscape.

• Whitby

Whitby remained one of Durham’s strongest-performing markets in June, recording 189 sales alongside 326 new listings. The average sale price reached $961,292, maintaining its position as one of the region’s higher-value areas. With just 2.7 months of inventory and homes selling in an average of 19 days, demand continued to outpace supply. Sellers benefited from swift transactions, while buyers needed to act decisively on well-priced properties.

• Bowmanville

Bowmanville’s housing market saw a cooler pace in June with 144 homes sold and 300 new listings brought to market. The average sale price settled at $807,960, offering a balanced blend of affordability and value for buyers. With 3.1 months of inventory and homes selling in an average of 15 days, well-presented properties moved quickly. Buyers had more options than last year, but competitive pricing remained key for motivated sellers.

CITY-BY-CITY COMPARISON

Listings Comparison

Listing activity across Durham Region rose modestly in June, with most cities seeing an uptick in new inventory compared to the same time last year. Whitby and Oshawa led the way with notable increases, offering buyers a broader selection of homes. Bowmanville saw a slight decline in new listings, though overall supply remained healthy. This growing inventory signals a shift toward a more balanced market, easing pressure on buyers.

Sales Comparison

Sales activity in Durham Region softened in June, with all major cities experiencing year-over-year declines. Oshawa and Bowmanville both saw sales drop by over 20%, while Whitby had a more modest decrease. This slowdown reflects a market where buyers are taking more time to evaluate options amid rising inventory. Despite the dip, well-priced homes continued to attract strong interest and firm offers.

Average Price Comparison

Average home prices across Durham Region continued to adjust in June, reflecting a more balanced and competitive market. Oshawa and Bowmanville saw moderate year-over-year price declines, reinforcing their appeal to budget-conscious buyers. Whitby maintained the highest average price among the three, though it too experienced an 8% dip from last year. These shifts indicate increased affordability and strategic opportunities for both buyers and sellers.

MOI (Months of Inventory) Comparison

Months of Inventory (MOI) rose across all key Durham cities in June, signaling a shift away from the tight seller's market conditions of prior years. Oshawa saw the highest MOI at 4.3, indicating more available supply and slower turnover. Bowmanville followed at 3.1, while Whitby maintained tighter conditions at 2.7 months. This upward trend gives buyers more leverage, while sellers must position their homes competitively to attract offers.

Dollar Volume Comparison

Total dollar volume declined across Durham Region in June, driven by both lower sales activity and softening average prices. Oshawa and Bowmanville experienced the sharpest year-over-year drops, each down over 25%, while Whitby showed a more moderate 18% decrease. These reductions reflect the broader market shift toward stabilization and affordability. For sellers, it underscores the importance of strategic pricing to maintain strong market presence.

 Days on Market (DOM) Comparison

Days on Market (DOM) in June highlighted a shift in buyer behavior, with properties generally taking longer to sell compared to last year. Oshawa experienced the biggest increase, rising to 21 days from 15, while Whitby and Bowmanville saw slight improvements with DOM decreasing to 19 and 15 days respectively. These variations suggest that while some markets are cooling, well-priced and well-presented homes still attract swift interest. Sellers should be prepared for longer listing periods in more competitive areas.

WHAT THESE MEAN FOR BUYERS AND SELLERS

For buyers, the June market brought expanded inventory, reduced competition, and more time to make informed decisions. With average prices adjusting downward and MOI increasing, conditions are more favorable for negotiating price and terms especially in markets like Oshawa and Bowmanville. Steady interest rates also make this a strategic time to secure financing and enter the market with confidence.

For sellers, success now hinges on accurate pricing, strong property presentation, and proactive marketing. Homes that are move-in ready and priced according to local comparables are still selling quickly especially in high-demand areas like Whitby. However, with buyers gaining leverage, it's essential to differentiate your property from the growing competition. Partnering with a knowledgeable local REALTOR® is key to navigating these evolving conditions.

WHAT APRIL 2025 REVEALS ABOUT THE DURHAM REGION MARKET

June 2025 confirmed a market in transition, shifting steadily from the frenzied pace of previous years to a more balanced and opportunity-driven environment. Inventory growth across Durham Region has empowered buyers, while modest declines in average prices signal an easing of upward pressure. Although sales volume has dipped, demand remains healthy for well-priced, quality homes, particularly in established communities like Whitby. Overall, the region is entering a more sustainable phase, offering strategic advantages for both buyers seeking value and sellers ready to position their properties competitively.

Need help navigating this market?
 Reach out today to book a free strategy session tailored to your real estate goals. Contact Us! 

Spring has sprung and so has the housing activity across Durham Region. While inventory is climbing and prices remain steady, the pace of sales is showing signs of cooling compared to last year. Buyers have more choice than they’ve had in recent years, and sellers are adjusting to a more balanced playing field.

Let’s break down what’s really happening across the region.

MARKET OVERVIEW

In April 2025, Durham Region's housing market showed signs of rebalancing with a 58% increase in active listings and an 18% rise in new listings compared to last year. Sales dropped 19%, and the average home price declined slightly to $913,500, down just 3.2% year-over-year. With inventory up and homes taking slightly longer to sell, the market is shifting toward more balanced conditions. 

The market is shifting toward balance: more inventory, longer listing times, and slight price adjustments.

CITY-BY-CITY BREAKDOWN

• Oshawa

Oshawa’s market softened slightly this April, with sales dropping to 204 and the average price landing at $796,574. Despite the dip in activity, new listings and active inventory both increased, offering buyers more choice while sellers still enjoyed a strong 102% sale-to-list price ratio.

• Whitby

Whitby saw 204 homes sold in April at an average price of $941,442, down from last year’s $1.04M. While prices moderated, inventory levels rose and homes continued to sell quickly—averaging just 18 days on the market.

• BOWMANVILLE

Bowmanville had the highest number of new listings at 711 and matched Oshawa and Whitby in total sales (204), but with a slightly lower average price of $855,858. With months of inventory rising to 3.2 and days on market holding steady at 18, the area is showing signs of becoming more balanced between buyers and sellers.

CITY-BY-CITY COMPARISON

Listings Comparison

In April 2025, new listings in Oshawa, Whitby, and Bowmanville all increased compared to the same period last year. Oshawa rose from 353 to 390 listings, while Whitby saw a modest jump from 433 to 456. Bowmanville recorded the most significant increase, climbing from 641 to 711 listings—adding even more inventory to the region’s most active submarket.

Sales Comparison

In April 2025, sales activity declined across Oshawa, Whitby, and Bowmanville compared to the same time last year. Oshawa dropped from 248 to 204 sales, while Whitby declined from 273 to 204. Bowmanville also saw a slowdown, with sales falling from 280 to 204—signaling a more cautious buyer pool across the board.

Average Price Comparison

Average home prices softened year-over-year in all three cities. Oshawa dipped slightly from $806,637 to $796,574, while Whitby declined more significantly from $1,042,555 to $941,442. Bowmanville followed with a moderate drop, falling from $876,319 to $855,858—reflecting a market where increased supply is tempering price growth.

MOI (Months of Inventory) Comparison

Months of Inventory rose year-over-year in all three markets, indicating improving conditions for buyers. Oshawa moved from 2.5 to 3.1 months, and Whitby increased from 2.5 to 2.9. Bowmanville recorded the highest increase, climbing from 2.3 to 3.2—marking the closest shift toward a balanced market among the three.

Dollar Volume Comparison

Total dollar volume also declined in April 2025 compared to April 2024. Oshawa fell from an estimated $190.6 million to $162.5 million, and Whitby dropped from $177.8 million to $139.3 million. Bowmanville saw the sharpest decrease, going from $891.3 million to $702.5 million—driven by fewer sales and slightly lower prices.

 Days on Market (DOM) Comparison

Homes took slightly longer to sell in April 2025 than they did the previous year. Oshawa’s DOM increased from 16 to 18 days, while Whitby rose from 17 to 18 days. Bowmanville remained nearly steady, ticking up from 17 to 18 days—showing a subtle shift in buyer urgency.

WHAT THESE MEAN FOR BUYERS AND SELLERS

For buyers, the increase in both new and active listings means more selection and slightly less pressure. With homes staying on the market a little longer and prices stabilizing, there’s more room to negotiate—especially in areas like Bowmanville, where inventory has grown the most. While interest rates remain a factor, the current market gives buyers a chance to make more informed decisions without the frenzy of last year.

For sellers, properties are still moving at strong sale-to-list ratios, but expectations need to be adjusted. Overpricing in this market could lead to longer days on market or missed opportunities, as buyers now have alternatives. Sellers who invest in preparation and pricing strategically can still take advantage of solid demand—especially in mid-range and move-in-ready segments.

WHAT APRIL 2025 REVEALS ABOUT THE DURHAM REGION MARKET

The Durham Region real estate market in April 2025 is showing continued signs of moderation as the gap between supply and demand begins to widen. While average prices in Oshawa, Whitby, and Bowmanville have dipped slightly compared to the previous year, the more notable trend is the sharp rise in new and active listings paired with a decline in sales. This shift suggests that both buyers and sellers are approaching the market with greater caution, likely influenced by lingering economic uncertainty and interest rate sensitivity. Even so, properties are still selling at solid prices, with sale-to-list ratios remaining around 102%, showing that demand is still present—especially for well-priced and move-in-ready homes.

Bowmanville (Clarington) continues to lead in inventory growth, offering buyers more choice while maintaining competitive pricing. Although total dollar volumes declined across all three cities, the drop reflects fewer sales rather than a collapse in value. With homes taking slightly longer to sell and Months of Inventory increasing, buyers now have more time to consider their options without the urgency of previous years. For sellers, this evolving landscape calls for a strategic approach—homes that are well-prepared and priced in line with current conditions can still attract strong offers. The market may be shifting, but opportunity remains on both sides of the transaction.

Need help navigating this market?
 Reach out today to book a free strategy session tailored to your real estate goals. Contact Us! 

Welcome to your March 2025 snapshot of the Durham Region real estate market. This month reflected a changing rhythm in buyer and seller behavior: fewer listings, slower movement, but prices holding firm in most areas.

Let’s dive into the numbers that matter.

MARKET OVERVIEW

While the average price dipped slightly, inventory and time on market increased, and both sales and dollar volume fell. Sellers still hold leverage (SP/LP at 101%), but buyers are showing more caution.

The market is slightly cooler compared to last year, but seller leverage remains high with homes still selling over list price.

CITY-BY-CITY BREAKDOWN

• Oshawa

Year-over-Year: Oshawa's average price is slightly down from ~$806,000 in March 2024, with steady demand and time on market unchanged.

• Whitby

Year-over-Year: A mild dip from ~$1,033,707 last March. Activity remains strong and balanced with listings matching sales.

• BOWMANVILLE

Year-over-Year: Bowmanville stands out with a price increase from ~$848,344 in March 2024. Demand remains high.

CITY-BY-CITY COMPARISON

Listings Comparison

In March 2025, new listings in Oshawa, Whitby, and Bowmanville all dropped compared to the same time last year. Oshawa saw a dip from 145 to 118, while Whitby fell slightly from 320 to 302. Bowmanville experienced the largest decline, dropping from 633 to 506 listings—a 20% decrease in available inventory.

Sales Comparison

Sales activity slowed across all three cities. Oshawa recorded 112 sales in March 2025, down from 158 the previous year. Whitby and Bowmanville followed suit, dropping to 302 and 506 sales respectively—indicating a more cautious buyer pool.

Average Price Comparison

Average home prices softened in Oshawa and Whitby but grew in Bowmanville. Oshawa’s average price declined to $769,748 from around $806,000, while Whitby dipped slightly to $1,008,786. In contrast, Bowmanville rose to $893,731—showing resilience in that submarket.

MOI (Months of Inventory) Comparison

Months of Inventory (MOI) increased slightly in all cities, suggesting homes are taking longer to sell. Oshawa and Whitby both climbed from 2.5 to 3.3 months, and Bowmanville ticked up from 2.3 to 3.0. These shifts hint at a slow pivot toward market balance.

Dollar Volume Comparison

Total dollar volume transacted declined across the board. Oshawa dropped from $69.6M to $60.1M, and Whitby followed with a slide from $112.9M to $104.2M. Bowmanville saw the steepest reduction, falling from $150.6M to $141.6M in March.

 Days on Market (DOM) Comparison

Homes are staying on the market slightly longer than last year. Oshawa ticked up from 15 to 16 days, Bowmanville from 17 to 18, while Whitby remained steady at 17. This suggests a bit more breathing room for buyers—but not by much.

WHAT THESE MEAN FOR BUYERS AND SELLERS

Buyers: There’s a bit more breathing room than last year—but don’t wait too long. Inventory is still tight and properties are selling quickly.

Sellers: Demand remains strong. If your home is priced right, it can still go over asking—especially in sought-after areas like Whitby and Bowmanville.

WHAT MARCH 2025 REVEALS ABOUT THE DURHAM REGION MARKET

The Durham Region real estate market in March 2025 is showing signs of stabilization after the aggressive pace of the past few years. While the average price dipped slightly year-over-year, the bigger story is the simultaneous drop in both sales and new listings across Oshawa, Whitby, and Bowmanville. This suggests that both buyers and sellers are approaching the market with more caution—likely due to continued economic uncertainty and interest rate sensitivity. However, properties are still selling quickly and at strong prices, with most cities recording sale-to-list price ratios at or above 100%. The increase in Months of Inventory (MOI) and slightly longer Days on Market (DOM) also hint at a slow shift toward more balanced conditions, though we are still firmly in a seller’s market territory.

One standout this month is Bowmanville (Clarington), which saw an increase in average sale price year-over-year, bucking the regional trend. This signals that demand remains strong in certain pockets, particularly in areas perceived as offering better value relative to the rest of the GTA. While total dollar volumes declined across all three cities—indicating fewer or lower-value transactions—the underlying competitiveness remains. Buyers may have a bit more breathing room than last year, but they still need to act quickly on well-priced homes. For sellers, this is a moment to be strategic: homes that show well and are priced appropriately can still attract multiple offers. The market may be shifting, but opportunities remain strong on both sides.

Need help navigating this market?
 Reach out today to book a free strategy session tailored to your real estate goals. Contact Us! 

Hi everyone, welcome back to our monthly market update! My name is Jacob and I’m a broker and team lead of Asparian & Co Real Estate. We’re a boutique team focused on all things in real estate in the Durham Region. Today we’ll be reviewing the market update numbers for April 2024 but also looking at market activity levels to see if we can see where the market is heading now.

The basics! In every market, the 3 most important numbers we look at are listings, sales, and average sales price.

LISTINGS

We saw a total of 1,840 new listings come to the market in Durham Region this April, which was a increase of 50.45% than the 1,223 that came to market last year at this time.

SALES

We had 948 homes sold in Durham Region this April and that is an increase of 4.98% from the 903 that were sold at the same time in 2023.

AVERAGE SALES PRICE

So, what does this all mean for sales prices? The average sale price in Durham Region in April 2024 was $943,840. This is a decrease of 1.3% from the 2023 average of $956,240.

One of the biggest mistakes buyers make is trying to time the market and waiting on the sidelines for prices to come down. With the current economic environment, we are starting to see it happening. The best time to buy real estate was 10 years ago, the second best time is now. If you are interested in buying real estate in Durham Region, Asparian & Co would love to help.  Contact us and start your search today! 

With the drastic shift in the market and demands slowing down, it is a great time to be a buyer. Sellers, the market is still moving. It’s even more important to stage and market your home well. If you are looking to make a move, make sure you have a professional team guiding you from start to finish. We offer a comprehensive listing package that includes staging, cleaning, professional photography and so much more. Satisfaction guaranteed. Contact us today for a no obligation market evaluation. Contact Us!