Pickering Real Estate Market Summary – May 2025
May 2025 Overview
Homes Sold: 125
Average Price: $991,759
New Listings: 371
Active Listings (May 31, 2025): 482
Comparison with April 2025
Sales increased from 116 in April 2025 to 125 in May 2025.
Average price declined from $1,016,851 in April 2025 to $991,759 in May 2025.
New listings rose from 353 in April 2025 to 371 in May 2025.
Active listings increased from 442 in April 2025 to 482 in May 2025.
Comparison with May 2024
Sales remained flat at 125 (no change from May 2024).
Average price decreased from $1,019,367 in May 2024 to $991,759 in May 2025.
New listings surged from 307 in May 2024 to 371 in May 2025.
Active listings jumped from 298 in May 2024 to 482 in May 2025.
Key Insights
Inventory is expanding, giving buyers more options compared to last year.
Prices softened month-over-month and year-over-year, indicating a potential buyer’s advantage.
Sales activity held steady but did not grow compared to May 2024.
Sales-to-New-Listings Ratio (SNLR) for May 2025 is approximately 33.69%, indicating a Buyer’s Market.
SNLR of 40%-60% = Balanced Market
SNLR over 60% = Seller’s Market
SNLR below 40% = Buyer’s Market
Ajax Real Estate Market Summary – May 2025
May 2025 Overview
Homes Sold: 123
Average Price: $895,804
New Listings: 300
Active Listings (May 31, 2025): 326
Comparison with April 2025
Sales increased slightly from 120 in April 2025 to 123 in May 2025.
Average price declined from $945,603 in April 2025 to $895,804 in May 2025.
New listings rose from 289 in April 2025 to 300 in May 2025.
Active listings increased from 303 in April 2025 to 326 in May 2025.
Comparison with May 2024
Sales decreased from 132 in May 2024 to 123 in May 2025.
Average price dropped significantly from $1,002,821 in May 2024 to $895,804 in May 2025.
New listings increased from 247 in May 2024 to 300 in May 2025.
Active listings surged from 219 in May 2024 to 326 in May 2025.
Key Insights
Inventory continues to grow, providing buyers with more options compared to last year.
Prices are declining both month-over-month and year-over-year, signaling a strong Buyer’s Market.
Sales activity remains subdued, with fewer transactions than May 2024 despite higher inventory.
Sales-to-New-Listings Ratio (SNLR) for May 2025 is approximately 41%, indicating a Balanced Market (nearly tipping into Buyer’s Market territory).
SNLR 40%-60% = Balanced Market
SNLR > 60% = Seller’s Market
SNLR < 40% = Buyer’s Market
Whitby Real Estate Market Summary – May 2025
May 2025 Overview
Homes Sold: 172
Average Price: $962,053
New Listings: 506
Active Listings (May 31, 2025): 520
Comparison with April 2025
Sales increased significantly from 148 in April 2025 to 172 in May 2025 (+16.2%).
Average price rose from $941,442 in April 2025 to $962,053 in May 2025 (+2.2%).
New listings surged from 403 in April 2025 to 506 in May 2025 (+25.6%).
Active listings grew from 433 in April 2025 to 520 in May 2025 (+20.1%).
Comparison with May 2024
Sales declined from 198 in May 2024 to 172 in May 2025 (-13.1%).
Average price decreased from $1,038,152 in May 2024 to $962,053 in May 2025 (-7.3%).
New listings increased from 442 in May 2024 to 506 in May 2025 (+14.5%).
Active listings jumped from 341 in May 2024 to 520 in May 2025 (+52.5%).
Key Insights
Strong monthly sales growth suggests renewed buyer activity in May.
Prices showed modest recovery month-over-month but remain below last year's levels.
Inventory expansion continues, with active listings up 52.5% year-over-year – giving buyers more leverage.
Sales-to-New-Listings Ratio (SNLR) for May 2025 is 33.99%, indicating a Buyer’s Market.
SNLR 40%-60% = Balanced Market
SNLR > 60% = Seller’s Market
SNLR < 40% = Buyer’s Market
Oshawa Real Estate Market Summary – May 2025
May 2025 Overview
Homes Sold: 216
Average Price: $781,748
New Listings: 612
Active Listings (May 31, 2025): 710
Comparison with April 2025
Sales increased from 204 in April 2025 to 216 in May 2025 (+5.9%).
Average price decreased slightly from $796,574 in April 2025 to $781,748 in May 2025 (-1.9%).
New listings rose from 550 in April 2025 to 612 in May 2025 (+11.3%).
Active listings grew from 641 in April 2025 to 710 in May 2025 (+10.8%).
Comparison with May 2024
Sales declined from 240 in May 2024 to 216 in May 2025 (-10.0%).
Average price dropped from $813,004 in May 2024 to $781,748 in May 2025 (-3.8%).
New listings increased from 557 in May 2024 to 612 in May 2025 (+9.9%).
Active listings surged from 490 in May 2024 to 710 in May 2025 (+44.9%).
Key Insights
Modest sales growth month-over-month suggests steady buyer interest, though still below last year's levels.
Prices continue to soften both monthly and annually, reinforcing a buyer-friendly market.
Inventory expansion remains strong, with active listings up nearly 45% year-over-year – the highest among Durham comparisons.
Sales-to-New-Listings Ratio (SNLR) for May 2025 is 35.29%, indicating a Buyer’s Market.
SNLR 40%-60% = Balanced Market
SNLR > 60% = Seller’s Market
SNLR < 40% = Buyer’s Market
Clarington Real Estate Market Summary – May 2025
May 2025 Overview
Homes Sold: 145
Average Price: $837,758
New Listings: 432
Active Listings (May 31, 2025): 429
Comparison with April 2025
Sales increased significantly from 114 in April 2025 to 145 in May 2025 (+27.2%).
Average price declined slightly from $855,858 in April 2025 to $837,758 in May 2025 (-2.1%).
New listings rose from 353 in April 2025 to 432 in May 2025 (+22.4%).
Active listings grew from 367 in April 2025 to 429 in May 2025 (+16.9%).
Comparison with May 2024
Sales decreased modestly from 153 in May 2024 to 145 in May 2025 (-5.2%).
Average price dropped from $913,086 in May 2024 to $837,758 in May 2025 (-8.3%).
New listings increased from 364 in May 2024 to 432 in May 2025 (+18.7%).
Active listings surged from 300 in May 2024 to 429 in May 2025 (+43.0%).
Key Insights
Strong monthly sales rebound (+27.2%) suggests renewed buyer interest in May.
Prices continue to soften both monthly and annually, with an 8.3% year-over-year decline – the steepest among Durham markets analyzed.
Inventory expansion remains pronounced, with active listings up 43% year-over-year, giving buyers more negotiating power.
Sales-to-New-Listings Ratio (SNLR) for May 2025 is 33.56%, indicating a Buyer’s Market.
SNLR 40%-60% = Balanced Market
SNLR > 60% = Seller’s Market
SNLR < 40% = Buyer’s Market
Uxbridge Real Estate Market Summary – May 2025
May 2025 Overview
Homes Sold: 26
Average Price: $1,291,327
New Listings: 89
Active Listings (May 31, 2025): 125
Comparison with April 2025
Sales increased slightly from 25 in April 2025 to 26 in May 2025 (+4%).
Average price declined from $1,321,060 in April 2025 to $1,291,327 in May 2025 (-2.3%).
New listings rose from 77 in April 2025 to 89 in May 2025 (+15.6%).
Active listings grew from 103 in April 2025 to 125 in May 2025 (+21.4%).
Comparison with May 2024
Sales increased from 22 in May 2024 to 26 in May 2025 (+18.2%).
Average price decreased from $1,398,709 in May 2024 to $1,291,327 in May 2025 (-7.7%).
New listings surged from 57 in May 2024 to 89 in May 2025 (+56.1%).
Active listings jumped from 81 in May 2024 to 125 in May 2025 (+54.3%).
Key Insights
Sales activity improved year-over-year, bucking the trend seen in other Durham markets.
Prices softened significantly (-7.7% YoY), reflecting broader market cooling.
Inventory expansion is dramatic, with active listings up 54.3% year-over-year – the largest increase among Durham regions analyzed.
Sales-to-New-Listings Ratio (SNLR) for May 2025 is 29.21%, indicating a strong Buyer’s Market.
SNLR 40%-60% = Balanced Market
SNLR > 60% = Seller’s Market
SNLR < 40% = Buyer’s Market
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