Situated in the heart of Durham Region, Oshawa presents a dynamic real estate market that continues to evolve.
1. Listings on the Market
In Oshawa’s real estate market, a range of housing options is available, including single-family homes, townhomes, and condominiums.
Presently, Oshawa offers 325 single-family homes on the market, catering to a diverse array of preferences and budgets.
For those seeking the comfort of townhome living, Oshawa presents 97 listings, providing an attractive mix of convenience and style.
Oshawa’s condominium market boasts 37 listings, offering low-maintenance living options amidst the city’s vibrant atmosphere.
2. Avg Listings Price Last 3 months
Let’s take a closer look at the average listing prices for homes, townhomes, and condominiums over the last three months:
The average listing price for single-family homes in Oshawa over this period stands at $756,649, reflecting a diverse range of housing choices.
Townhomes in Oshawa present an average listing price of $625,649 during the same timeframe, making them an attractive and affordable option for buyers.
Oshawa’s condominium market offers an average listing price of $525,649 over the past three months, presenting an accessible entry point for homebuyers.
3. Change in Average Listing Price
Analyzing the fluctuations in average listing prices provides valuable insights into market dynamics:
Recent months have seen a slight decrease of -2.1% in the average listing price for single-family homes, indicating a balanced market. Townhomes have experienced a 1.9% change in the average listing price, showcasing affordability and stability in this segment. The condominium market reflects a 1.7% change in the average listing price, highlighting competitive pricing and buyer interest.
4. Avg SOLD Price Last 3 months
Shifting our focus to completed transactions, let’s explore the average sold prices for homes, townhomes, and condominiums in Oshawa over the past three months:
The average sold price for single-family homes in Oshawa during this period matches the average listing price, standing at $756,649.
Townhomes have recorded an average selling price of $625,649 in the past three months, demonstrating steady demand and competitive pricing.
Oshawa’s condominium market has achieved an average selling price of $525,649 in the same period, reflecting strong buyer interest.
5. Change in Average SOLD Price
An analysis of the changes in average sold prices offers valuable insights into market trends:
The change in the average sold price for single-family homes shows a significant increase of 13.8%, signalling robust demand and property value appreciation. Townhomes have witnessed a notable 12.8% increase in the average sold price, making them an attractive investment option.
The condominium market has experienced an impressive 11.8% increase in the average sold price, indicating strong demand and value growth.
Inventory & Recent Sales Statistics
In the last few months, Oshawa’s real estate market has been active with 455 new home listings and an equal number of homes sold in the same period.
Oshawa saw 120 new townhome listings and 120 townhomes sold in the last few months.
For condos, there were 90 new listings and 90 condos sold in the same period.
