Oshawa real estate market is dynamic, with strong demand for homes and townhomes. While condos offer an affordable housing option, their prices have shown some variability. Buyers and investors will find a range of options in this diverse and competitive market.
1. Listings on the Market:
Oshawa City currently boasts 481 homes listed on the market, providing a wide range of options for prospective buyers.
There are 124 townhome listings available, catering to those seeking a more communal living style.
Oshawa City offers 322 condo listings, making it an attractive choice for those looking for compact and maintenance-free living.
2. Average Listing Price in the Last Month:
The average listing price for homes in Oshawa City in the last month was $816,782, showcasing the appeal of its residential offerings.
Townhomes in Oshawa City had an average listing price of $790,105 over the same period, making them an attractive housing option.
Condos in the city presented an average listing price of $545,627 in the last month, offering an affordable choice for homebuyers.
3. Change in Average Listing Price:
Oshawa City’s home market experienced a significant 6.2% increase in the average listing price over the last month, reflecting demand and appreciation in property values.
Townhomes also saw a 1% increase in the average listing price, indicating a steady and competitive market in this segment.
The condo market experienced a -5.65% change in the average listing price, demonstrating variability in pricing.
4. Average SOLD Price in the Last Month:
Homes in Oshawa City sold at an average price of $762,000 in the last month, suggesting strong buyer interest.
Townhomes were sold at an average price of $756,906, showcasing the appeal of this housing segment to buyers.
Condos had an average sold price of $529,000 in the last month, offering an affordable housing choice.
5. Change in Average SOLD Price:
Oshawa City’s home market experienced a notable 6.6% increase in the average sold price, indicating robust demand and potential for property appreciation.
Townhomes saw an impressive 7.8% increase in the average sold price, making this segment attractive to buyers looking for an urban lifestyle.
Condos, on the other hand, experienced a 7.1% change in the average sold price, reflecting fluctuations in this market.
Inventory & SOLD Statistics:
In the last 30 days, Oshawa City recorded 481 new home listings and 186 homes sold. The average days on the market for homes were 17 days, with a selling-to-listing price ratio of 93%.
There were 124 new townhome listings and 62 townhomes sold in the last 30 days. Townhomes had an average of 18 days on the market, with a selling-to-listing price ratio of 92%.
There were 322 new condo listings and 144 condos sold in the last 30 days. Condos had an average of 19 days on the market, with a selling-to-listing price ratio of 91%.
