Whitby Real Estate Market
In the heart of Whitby, a town with a rich tapestry of history and modern living, the real estate market is a vibrant canvas depicting the dreams and aspirations of its residents. Whitby MLS® recent stats show an average house price of $1.2 Million and 126 new listings in the last 28 days. Whitby’s current housing data indicates median days on the market for a home is 15 days.
1. Listings on the Market:
The residential landscape in Whitby stands adorned with 175 homes, standing as a testament to the variety of living spaces available. With 73 townhomes and 6 condos, the market offers a harmonious blend of spaces catering to a spectrum of lifestyle preferences.
2. Average Listing Price in November
Priced at an average of $1.2 million, Whitby real estate market embodies a blend of modern amenities and historical charm. With an average listing price of $858.7K, townhomes offer an affordable yet refined alternative. The average listing price for condos, at $706.1K, showcases the town’s commitment to diverse housing options, making contemporary living accessible.
3. Change in Average Listing Price
The 5.05% increase in the average listing price for homes suggests a market attuned to demand and potential appreciation in property value. A moderate 2.26% increase in the average listing price reflects a balanced market response to the evolving preferences of potential homeowners. The 2.96% change in the average listing price showcases a dynamic market adjusting to the desires of a diverse demographic.
4. Average SOLD Price in November
Reflecting the transaction reality, the average sold price for homes stands at $1.2 million, signifying a commitment to the aspirational living offered in Whitby. With an average selling price of $881.5K, townhomes in Whitby provide stability in the market. The $680K average sold price for condos resonates with buyers seeking a contemporary living experience within a more budget-friendly range.
5. Change in Average SOLD Price
The 9.83% increase in the average sold price for homes suggests a market where buyers are willing to invest, potentially driven by the perceived value of Whitby’s residential offerings. A moderate 2.52% increase in the average sold price signifies a stable market segment with the consistent appeal. The 3.69% increase in the average sold price reflects a dynamic market.
Inventory & SOLD Statistics:
In the last 60 days, 470 new home listings have graced the market, telling stories of families looking for a new chapter in Whitby.
Of these, 234 homes found new owners, with an average of 10 days on the market.
The selling-to-listing price ratio of 101.47% reflects a market where homes are not merely transactions.
Over the last 60 days, 172 new townhome listings have emerged, each promising a unique blend of community living and individuality.
Among these, 73 townhomes found new owners, with an average of 11 days on the market.
The selling-to-listing price ratio of 101.59% speaks of a market.
A total of 25 new condo listings emerged in the last 60 days. Of these, 18 condos changed hands, with an average of 14 days on the market—a story of a town where the contemporary lifestyle is not just embraced but embraced eagerly.
The selling-to-listing price ratio of 100.38% is a reminder that in the world of condos.