Durham Region Real Estate Market Report – July 2025

 A Market in Transition

Durham Region’s real estate market continues to adjust to a high-interest rate environment while showing resilience through steady listing activity and moderating prices. With the Bank of Canada maintaining its overnight rate at 2.75% and Toronto’s unemployment rate sitting at 7.8%, Durham is increasingly attractive to buyers seeking more affordability and space outside of the city core. This blog explores both the condo and freehold segments across Durham’s major municipalities—offering insights, pricing trends, and actionable takeaways for buyers, sellers, and investors.

Durham Region Condo Market – July 2025

Overview

The Durham Region condo resale market experienced steady activity in July 2025, with buyer demand holding despite slightly longer days on market. Investors are watching this segment closely, as high immigration and population growth continue to place pressure on affordable housing.

Condo Market Summary (Durham – July 2025) - Total Sales: 136 units - New Listings: 293 - Active Listings: 426 - Average Price: $580,269 - Median Price: $558,500 - Total Dollar Volume: $78,931,000 - Sale-to-New Listings Ratio: 46.4% (balanced) - SP/LP Ratio: 98% - Average Days on Market: 28 (LDOM), 34 (PDOM)

Municipality Breakdown

Pickering - Sales: 36 | Avg. Price: $627,131 - DOM: 24 | Active Listings: 87

Ajax - Sales: 18 | Avg. Price: $609,432 - DOM: 31 | Active Listings: 49

Whitby - Sales: 17 | Avg. Price: $592,103 - DOM: 27 | Active Listings: 48

Oshawa - Sales: 38 | Avg. Price: $540,889 - DOM: 29 | Active Listings: 133

Clarington - Sales: 22 | Avg. Price: $564,978 - DOM: 30 | Active Listings: 67

Pricing Trends

• Year-over-Year: ↓ 2.4%
• Month-over-Month: Stable with slight downward pressure
• Listings outpaced sales, but most cities showed balanced absorption

Investor & Buyer Insights

• Pre-construction competition remains strong, but buyers are returning to resale for better value.
• Condo townhomes with lower maintenance fees are outperforming.
• Pickering condos near GO stations remain attractive for commuters.

Freehold Resale Market – July 2025

Market Snapshot

The freehold market in Durham is characterized by price-sensitive buyers, steady sales in affordable segments, and growing DOM for larger detached homes.

Freehold Sales by Type (Durham Region – July 2025)

 - Detached: 619 sales | Avg. Price: $978,231 | DOM: 31

- Semi-Detached: 105 sales | Avg. Price: $785,211 | DOM: 28

- Freehold Townhouse: 164 sales | Avg. Price: $738,442 | DOM: 27

- Total Freehold Sales: 888 | Avg. Price: $910,870

City & Neighborhood Analysis

Pickering - Detached: $1,081,900 | Sales: 92 | DOM: 29 - Hot Areas: Duffin Heights, Amberlea

Ajax - Detached: $988,450 | Sales: 106 | DOM: 28 - Strong buyer interest in Central and South Ajax

Whitby - Detached: $974,000 | Sales: 119 | DOM: 30 - Brooklin continues to attract families

Oshawa - Detached: $865,600 | Sales: 184 | DOM: 34 - Eastdale and Northglen seeing multi-offer scenarios on well-priced homes

Clarington - Detached: $899,000 | Sales: 118 | DOM: 33 - Courtice and Bowmanville lead in absorption

Historical Trends

• YoY Price Decline (Detached): ↓ 5.7%
• MoM: Prices steady, with more listings under $1M driving volume
• Detached homes over $1.2M seeing longer DOM unless fully updated

Charts & Graphs

 

Average Price Comparison: Condo vs Freehold

Condo Sale by Municipality

 

Freehold Sale by Property – Durham Region (July 2025)

Affordability, Rates & Strategy

Economic Drivers:

• Bank of Canada Rate: 2.75% (held)
• Unemployment (Toronto CMA): 7.8%
• Inflation (CPI): 2.1%

Buyer Strategies:

• Focus on homes under $900K in Oshawa and Clarington
• Lock in mortgage rates if expecting future drops
• Leverage conditional offers — inspections and financing are back

Seller Strategies:

• Stage homes, particularly for detached over $1.1M
• Competitive pricing required for 30-day sale targets
• Highlight rental basement units to appeal to investors

Outlook for Fall 2025

• Anticipate slight rate cuts, boosting buyer confidence
• Inventory will remain elevated, keeping prices in check
• Freeholds under $900K and condos under $600K will see the most activity
• Durham remains a key alternative to Toronto due to affordability and growth potential