Whitby, a picturesque town in the Greater Toronto Area, has been gaining attention for its tranquil suburban living coupled with easy access to urban amenities. Current Whitby MLS® stats indicate an average house price of $1,212,997 and 126 new listings in the last 28 days. As of today, Whitby housing data shows median days on the market for a home is 15 days.
1. Listings on the Market:
The Whitby real estate market offers a variety of housing options, including homes, townhomes, and condos.
Whitby currently features 175 homes listed on the market, providing a diverse array of choices for residents and newcomers. These homes embody the charm of suburban living.
For those seeking townhome living, Whitby offers 73 listings, showcasing the appeal of this housing style with recent market changes.
Condos present a more compact and maintenance-free living arrangement in this peaceful town.
2. Average Listing Price in the Last Month
The average listing prices for homes, townhomes, and condos over the past three months provide insights into the market’s affordability and investment potential:
The average listing price for homes in the last three months stands at $1.2 million, reflecting the appeal of Whitby’s residential offerings.
Whitby’s townhome market has seen a 2.26% increase in the average listing price in the same period, signalling steady demand and potential investment opportunities.
Condos in Whitby have maintained an average listing price of $706.1 thousand in the past three months.
3. Change in Average Listing Price:
Understanding the change in average listing prices reveals market dynamics:
The home market has experienced a noteworthy 5.05% increase in the average listing price, indicating a strong appreciation in property values.
The moderate 2.26% increase in the average listing price for townhomes showcases the steady growth in this housing segment.
Condos have seen a 2.96% increase in the average listing price, reflecting stability and potential opportunities for buyers.
4. Average Sold Price in last Month
The average sold price for homes, townhomes, and condos in the past three months reflects actual transaction values:
Homes in Whitby have seen an average selling price of $1.2 million in the last three months, highlighting the competitiveness of the market.
The average sold price for townhomes in the past three months has increased by 2.52%, showcasing a growing market.
The condo market in Whitby has experienced a 3.69% increase in the average sold price, indicating sustained demand and growth.
Inventory & Sold Statistics:
In the past 60 days, the Whitby real estate market has displayed vitality, with key statistics as follows:
● There were 470 new home listings, with 234 homes sold during this period. The average days on the market for homes stood at 10 days, and the selling-to-listing price ratio was a robust 101.47%. These figures underscore the competitiveness and strength of Whitby’s home market.
● Whitby recorded 172 new townhome listings and 73 townhomes sold in the last 60 days. With an average days on the market of 11 days and a selling-to-listing price ratio of 101.59%, this housing segment showcases efficiency and compelling pricing dynamics.
● For condos, there were 25 new listings and 18 condos sold in the last 60 days. The average days on the market for condos was 14 days, and the selling-to-listing price ratio was a solid 100.38%. Condos remain an attractive and evolving component of Whitby’s real estate landscape.
