Ajax City Market Trends
Ajax MLS® current stats indicate an average house price of $1.1 Million and 110 new listings in the last 28 days. Ajax Real Estate Housing’s recent data shows median days on the market for a home is 15 days. Ajax, a vibrant community with a burgeoning real estate landscape, exhibits notable trends in its housing market. From a diverse range of homes to the growing popularity of townhomes and the unique charm of condominium living, Ajax has something to offer for everyone. Let’s delve into the market trends, exploring the listings, pricing dynamics, and the overall inventory and sales statistics.
1. Listings on the Market:
Ajax real estate market has boasted 140 active home listings, providing a diverse array of options for prospective homebuyers. Ajax’s townhome market features 48 listings, reflecting the growing popularity of this housing segment in the region. The condominium market in Ajax offers limited but attractive options with 3 listings, catering to those seeking a more compact living space.
2. Average Listing Price in February
The average listing price for homes over February has remained stable at $1.1 million, indicating a consistent pricing environment. Townhomes in Ajax, with an average listing price of $849.8K, provide an affordable yet competitive option for potential buyers. Condos, with an average listing price increase of 3.22%, present an interesting dynamic in the market, reaching $605.5K.
3. Change in Average Listing Price:
Despite a 0% change, the stable average listing price for homes underscores a balanced market in Ajax. Townhomes experienced a modest 0.86% increase in average listing prices, aligning with market trends. The condominium market showcased a 3.22% increase in average listing prices, indicating a demand surge in this segment.
4. Average SOLD Price in February
The average SOLD price for homes in February stands at $1.1 million, reflecting consistency and stability in the market. Townhomes displayed a noteworthy average SOLD price of $877.3K, with a moderate increase of 1.46%, showcasing sustained demand. Condos exhibited a significant 9.42% increase in average SOLD prices, indicating a robust market for this housing type.
5. Change in Average SOLD Price:
The average SOLD price for homes experienced a modest 2.62% increase, reflecting a positive trend for both sellers and buyers. Townhomes witnessed a commendable 1.46% increase in average SOLD prices, signalling the resilience and desirability of this segment. Condos displayed a significant 9.42% increase in average SOLD prices, indicating a surge in interest and market competitiveness.
Inventory & SOLD Statistics:
Ajax’s housing market, with 345 new listings and 169 homes sold in the last 60 days, indicates a dynamic and active real estate environment.
Townhomes, featuring 101 new listings and 42 homes sold, showcase efficiency with a selling-to-listing price ratio of 101.34%.
The condo market demonstrates competitiveness with 14 new listings, 11 homes sold, and a selling-to-listing price ratio of 100.59%.
